4350 Via Dolce | Marina Strand Colony I

3950 Via Dolce Marina Strand coloney 1

Marina Strand Colony
4350 – 3950 Via Dolce
Marina Del Rey CA 90292

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Marina Strand Colony I is a nautical theme 145-condo mid-rise in the silver strand neighborhood of Marina del Rey. Built in 1974 by California Pacific Construction Co., the original cost of development was $13M.

Check out nearby condo projects by the same developer: Marina Strand Colony #2 and  Marina Strand Colony #3.

When the building was finished, condos were selling really fast- the whole project sold out in a little over a year. One of the ads for the Marina Strand Colony at the time warned buyers “don’t miss the boat” because their crew was setting “sales”.

ad dont miss the boat

 

Marina Strand Colony 1 is perfect to enjoy the sea-salt-and-surf lifestyle!

Location

5 minutes to Marina Del Rey beach by foot. This beach is low key. If you want more hustle and bustle hop on your bike and ride 10 Minutes north to Venice Beach. The Silver Strand is pedestrian friendly. You will see lots of people out walking and riding their bikes.

There is a dozen beach bohemian restaurants, cafes, and bars at the dead end of Washington Blvd before it turns into the Venice Fishing Pier with no shortage of seafood! I like that a Starbucks is right there. Here are a few places to check out:

Venice Whaler

C& O Trattoria

Cabo cantina Marina Del Rey

The Cows End

Simmzy’s

The closest grocery stores are Ralphs & Bristol Farms at PCH and Marina Point Dr. Like to sail? There are six different yacht clubs in the marina you can join. Even if you don’t boat yourself, you can still enjoy the boat parade in December.

Real Estate

Record Sale: 6/17/2016  $1,291,000

Appreciation: 5%

Turnover: 5% about 7 condos a year

 The buildings are addressed:

4350, 4300, 4250, 4200, 4150, 4050, 3950

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Going along with the Nautical theme, there are huge timbers in the halls that remind me of a mast. Shiplap siding also adds to the effect. The developer planted Tropical landscaping, so there are palm trees everywhere which are now 50 years old and about 30-40 feet tall. Long, dark halls, have been eliminated. Instead, short, covered bridge ways connect homes. It reminds me of walking down a wharf in a seaside village.

Floorplans

 Marina Strand Colony I condos are all 2 bedrooms except for (5) 3br condos. There are 3 floors on top of a ground-level parking garage. Floor plans are a mix of Single Level and Townhouses. Any Condos with 500s unit numbers are two stories. All condos with 300 numbers are two level penthouses and have huge 20-foot high cathedral ceilings and a loft bedroom and outdoor balcony. Square footage ranges from 1,400 sqft to 2,200 sqft- so these condos are quite spacious.

Living rooms have gas fireplaces. Central Heat and Air Almost every floor-plan has a powder bathroom. Every floor plan has an awesome master bedroom suite with dual closets and attached master bath. The HOA did a $20M renovation of the building in 2008, that completely redid the exterior siding, and new windows among other things- so even though the year built is 1974 it was remodeled in last 10 years. The elevators could use an upgrade- they are really slow.

The 500s condos and penthouses have two balconies, unless they are enclosed, which some owners chose to do. All other condos have 1 balcony. It’s great for enjoying the cool ocean breeze.

Prices range from $750,000 to $1,200,000 depending on floor and condition inside the condo.

Marina Strand Colony Amenities

-(2) Heated Pools w/ Spa (hours: 7:00 AM to 10:00 PM)

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-Storage

-Security Guard Patrol (A Security Guard patrols the property from 9:30pm-5:30 am every day of the week)

-Elevators

Parking & Laundry

2 side by side parking spaces for each condo in gated garage. There are plenty of guest parking spaces.

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Laundry is inside the condos.

Home Owners Association

Website for HOA http://marinastrandcolony1hoa.com/

HOA Dues Monthly cost? $750/mo.

HOA Dues cover?

Owner Pays?

Any Special Assessments? No

Pet Policy?

Rental Policy? No Short term rentals

EQ Insurance? Yes

Hardwood Floors? The HOA is picky about hardwood floors, I guess there have been some problems with them in the past. They are allowed, however, if you are on the 2nd or 3rd floor you need to get the permission of the owner below, and the HOA will make sure you put down enough sound insulation.

Building Reserve?

Can you have a BBQ on balcony? Yes

Professional Management Company?

Action Property Management
http://www.actionlife.com/
800-400-2284

General Manager
Karen Bennett
kbennett@actionlife.com

 

If you have any more questions or would like to view the property please call me directly at (310) 388-7332 or click the button below and I will be in touch shortly. 

 

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