Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

4 Jib Street 3

Marina Del Rey, CA, 90292

1 / 38View all 38 photos

$3,199,950

MLS: TR25259025

Beds

2

Baths

3

Sq Ft

1,900

Lot

0.42 ac

Year Built

1971

MLS #

TR25259025

Days on Market

125

Listed

Nov 14, 2025

Description

Extremely rare Oceanfront Condo located on the best part of the beach on the Marina del Rey Peninsula featuring 2 bedrooms and 3 bathrooms. This home is the definition of the California Beach Luxury Lifestyle! As you enter you'll be greeted by the stunning sand and ocean views from the spacious living room with a wood-burning fireplace and a large, well-appointed balcony which offers the most peaceful of settings as you look out to the water and views from Malibu to Catalina. From the balcony, you have direct ladder access down to the sand. Off of the living room, you'll find a dining area and an adjacent wet bar. At the front of the unit is the updated kitchen with a breakfast bar, bay window, and stainless steel appliances. On the upper level, you'll enter into the oceanfront primary suite with another well-sized balcony with head-on ocean views. Enjoy the sound of the surf from the primary bedroom and living room. Spa-like bath and walk-in closet complete the primary suite. The secondary bedroom is complete with an adjacent updated bath and private entrance. In-unit washer dryer. Recessed Lighting. Gated garage parking for 3 cars, short distance to local shops and restaurants, and all that the Marina and Venice has to offer. All current assessments are paid including a new roof as of September 2024 in this well-run building. HOA includes Earthquake Insurance and Security Service. One large lockable storage 8' x 8' shed in front of the parking spot and one lockable storage locker located near the entrance to building completes this beautiful home.

Location

Marina Del Rey, Los Angeles County, CA 90292

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Listed by: Jonathan Minerick · Homecoin.com

Payment estimate

$22,528

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $319,995 · Loan: $2,879,955

%
Principal & Interest
$17,695
Property tax (1.25%)
$3,333
Homeowners insurance
$300
Mortgage insurance
$1,200
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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 $111,998 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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