Karine Monié
In Marina Del Rey, 3111 Ocean Front Has the Potential to Become a Single-family Home While Generating Income at the Same Time
Location, location, location: With more than 52 feet of boardwalk ocean view, location is precisely what this property offers. Yet there is more.
The four-story building not only comprises three residential units—including a renovated 3,500-square-foot penthouse with a rooftop deck and a surprisingly moving bedroom, as well as two 1,500-square-foot units with two bedrooms each and a patio—but also two commercial spaces on the ground floor, 10+ covered parking spaces and ample outdoor space.
“The potential and diversity a buyer has to work with at this space is extremely rare,” says Fredrik Eklund, co-founder of Eklund|Gomes at Douglas Elliman.
With proper permitting and per city guidelines, the property could be transformed into the perfect work/live environment while offering an income opportunity.
“I have never worked on a property before that I could tout as the tallest oceanfront building available in the entire area,” adds agent Marcy Roth.
“Now with 3111 Ocean Front, I can! In an effort to honor this incredible location in the Marina Del Rey peninsula, the current owner commissioned a local artist to paint the Angel of Unity, a mural of waves on the outside.”
With this Marina del Rey raw jewel listed for $15,995,000, one can imagine many options.
Marcy Roth | 310.539.3000 | DRE# 02008165
Fredrik Eklund | 212.727.6158 | DRE# 02074900
Eklund|Gomes at Douglas Elliman
List Price: $15,995,000
Images: Nils Timm Visuals
Built on More Than 2.5 Acres, 1039 Cima Linda a Nearly 5,200-square-foot Property Was Designed to Be an Entertainer’s Dream, Making the Most of the Panoramic Views
Montecito is one of the most coveted areas in Santa Barbara County. This four-bedroom home—with a three-car garage—is an invitation to enjoy the locale every day. Situated on more than 2.5 meticulously landscaped acres, the Jerry Goodman-designed villa provides an exceptional panorama of the ocean, harbor, city, and woodland at the same time.
“It offers the best luxurious California lifestyle,” says agent Joanne Stoltz of Coldwell Banker Realty.
The magic isn’t restricted to the surroundings. Inside, the hickory floors, beamed ceilings, and glass French doors to multiple patios lend a lot of charm to the house, which comprises a formal living room with a cozy fireplace and a chef’s kitchen—open to the living room—with a large island, granite counters and a breakfast room, also with a fireplace, for high functionality and comfort.
The spiral staircase leads to the main suite where the ocean views, several balconies, three closets, and a spacious bathroom with a Jacuzzi tub, among other features, create a peaceful and luxurious refuge.
Meanwhile, the wet bar, wine cellar, and outdoor areas are ideal spaces for entertaining family and friends. Listed for $10,500,000, this home is an ode to the majestic California views that surround it while introducing Mediterranean touches through the architecture and decor.
Joanne Stoltz | 805.895.7322 | DRE# 00387433
Coldwell Banker Realty
List Price: $10,500,000
Images: Previews First
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Karine Monié
Constance Dunn