Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16 Quarterdeck St, Unit 102 Marina del Rey, CA 90292

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,499,000

    Updated two-story corner condo steps from the beach.

    Property size:
    1,461 SF
    Lot size:
    0.14 Acres

    Property Features for 16 Quarterdeck St

    General Information

    Size
    1,461 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1972

    We can help!

    Listing Contact
    Spencer Payson
    Source: Kw

    Listing Agent: Spencer Payson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Condo Near Marina del Rey

    This updated two-story corner condo offers coastal living, situated steps from the beach on the south end of the Marina del Rey Peninsula. The renovated home features a modern aesthetic with an open floor plan on the main level, including a dining area, a living room with a fireplace, and a custom-designed kitchen. The kitchen is equipped with warm wood cabinetry, quartz countertops, and stainless steel appliances. The primary suite occupies its own private level and includes a remodeled en-suite bathroom. The second bedroom offers natural light and closet space. A private balcony overlooks Quarterdeck. A second bathroom serves the main level. The unit includes two parking spaces in a secure, elevator-equipped building. The property is located within a short distance of the beach, Abbot Kinney Boulevard, and local shops and restaurants. The property size is 1461 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marina del Rey
    County
    Los Angeles
    State
    California
    Longitude
    -118.458861
    Latitude
    33.970075

    Nearby Similar for Sale

    • New
      $3,895,000
      3,797 SF

      Grand Canal Duplex in Marina Del Rey

      Rare duplex on the Grand Canal, steps to the beach.
      3501 Esplanade, Marina del Rey, CA 90292
      View Details
    • $2,495,000
      2,092 SF

      Ocean-View Residential Income Property

      Renovated Marina Del Rey income property with ocean views.
      14 Northstar St, Marina del Rey, CA 90292
      View Details
    • $3,995,000
      4,224 SF

      Marina Del Rey Triplex

      Triplex near the beach with modern upgrades and private garages.
      3900 Pacific Ave, Marina del Rey, CA 90292
      View Details
    • $4,500,000
      7,149 SF

      New Construction Luxury Fourplex

      New construction fourplex in Marina del Rey with modern design.
      13461 Beach Ave, Marina del Rey, CA 90292
      View Details
    • $4,500,000
      5,739 SF

      Marina Del Rey Multifamily Investment

      Five-unit income property near the beach in Marina Del Rey.
      14 Mast St, Marina del Rey, CA 90292
      View Details
    • $1,749,000
      2,400 SF

      Rare Penthouse in Marina Del Rey

      Upgraded penthouse with 25-foot ceilings, near beach and Grand Canal.
      4250 Via Dolce, Marina del Rey, CA 90292
      View Details
    • $1,375,000
      1,800 SF

      Remodeled Marina Del Rey Loft

      Stunning, remodeled top-floor loft with high-end finishes and city views.
      4115 Glencoe Ave, Marina del Rey, CA 90292
      View Details
    • $2,500,000

      Penthouse Near California Beach

      Ultra-chic penthouse near the beach with no rental restrictions.
      18 Union Jack St, Marina del Rey, CA 90292
      View Details
    • $825,000

      Marina City Club Condo

      Two-bedroom condo with ocean and marina views in Marina del Rey.
      4335 S Marina City Dr, Marina del Rey, CA 90292
      View Details
    • $1,035,000

      Marina Del Rey Loft Unit

      Exquisite loft with mountain views, close to beaches and amenities.
      13320 Beach Ave, Marina del Rey, CA 90292
      View Details
    • $899,000
      1,428 SF

      Coastal Condo Near the Beach

      Two-bedroom condo with resort-style amenities near beaches and harbor.
      311 Bora Bora Way, Marina del Rey, CA 90292
      View Details
    • $499,999
      935 SF

      Marina City Club Fixer-Upper

      One-bedroom condo with ocean, mountain, and pond views.
      4265 Marina City Dr, Marina del Rey, CA 90292
      View Details

    FAQs

    What type of property is this?
    Single family property - Updated two-story corner condo steps from the beach.
    Where is this single family property located?
    The property is located at 16 Quarterdeck St, Unit 102 Marina del Rey, CA.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Steps from the sand on the south end of Marina del Rey Peninsula.; - Completely renovated with a modern aesthetic, including a **custom kitchen with quartz countertops and stainless steel appliances.**; - **Primary suite occupies its own private level with a remodeled en-suite bathroom.**
    (310) 626-4248
    Request Owner's contact information
    16 Quarterdeck St, Unit 102 Marina del Rey, CA 90292
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Quarterdeck St, Unit 102
    Marina del Rey, CA 90292
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Quarterdeck St, Unit 102 Marina del Rey, CA 90292
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Spencer Payson
    (310) 626-4248
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.