Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

4 Jib Street 13

Marina Del Rey, CA, 90292

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$6,950,000

MLS: 226000759

Beds

3

Baths

3

Sq Ft

2,800

Lot

0.43 ac

Year Built

1971

MLS #

226000759

Days on Market

5

Listed

Feb 18, 2026

Description

Wake up to the symphony of the Pacific Ocean and awe-inspiring views from Malibu to Palos Verdes. Soaring ceilings and walls of glass frame breathtaking vistas from nearly every room of this gorgeous Southwest facing corner-unit penthouse set directly on the sand of pristine Driftwood Beach. Designed for both elegance and ease, this 3-bedroom residence with a loft offers abundant space to match your coastal lifestyle. Perfectly situated in one of the best locations on the coveted Marina Peninsula, you'll enjoy privacy yet find local shopping, dining, and entertainment just moments away. Beautiful new wide plank LVP flooring flows throughout complemented by fresh paint, upgraded recessed lighting system, a refinished rooftop deck and new carpet on the second level. The kitchen, dining, and living areas blend seamlessly, creating an effortless flow for entertaining or simply enjoying daily life by the beach. Settle in by the fireplace or open the expansive wall of Fleetwood glass to your private deck-where the ocean breeze, rhythmic sound of waves, and crisp salt air set the tone for pure relaxation. Unwind by the fireplace in the spacious oceanfront Primary Suite and watch as the sun melts into the horizon. A walk-in closet and spa like bathroom add to the tranquility of this space. A large guest room with ensuite bath completes the main level. Skylights and a sweeping spiral staircase invite you to the light-filled loft / flex space which opens onto a stunning oceanfront rooftop deck with wet bar-ideal for sunset cocktails and sublime nights under the stars. A spacious third bedroom with its own fireplace an ensuite bath and dry sauna completes the upper level. Unforgettable views, three assigned spaces in a private gated garage, 2 staircases, exceptional location, 3 elegant fireplaces, and ensuite bathrooms for each bedroom make this incredible beachfront penthouse a rare find. Enjoy the ultimate blend of coastal tranquility, sophistication, and entertainment right in the heart of one of LA's most iconic beach cities.

Location

Marina Del Rey, Los Angeles County, CA 90292

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Listed by: Dennis Wheeler · Coldwell Banker Realty

Payment estimate

$48,578

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $695,000 · Loan: $6,255,000

%
Principal & Interest
$38,432
Property tax (1.25%)
$7,240
Homeowners insurance
$300
Mortgage insurance
$2,606
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Marina Del Rey home with as little as 3.5% down using an FHA loan — roughly $243,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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