114 Reef Mall

Marina del Rey, California

This beautiful home on Reef Mall in the Silver Strand area of Marina del Rey, an area of large, luxury homes bordering the Venice canal, was originally listed at $2.4m. The property boasts a spacious 2,980 square feet, plus a spacious yard with a built-in grill, and a rooftop patio. The home was in excellent condition, having been completely remodeled and updated in 2012, including a new air conditioning unit, new tankless water heaters, and more. After determining that the property was overpriced at $2.4m, our client was patient and firm on his offer price, and as a result was able to negotiate a significant price reduction to $2.225m, about $175,000 below the original list price. A detailed inspection process led to the ability to further negotiate another price reduction of $10,000, making the purchase price just $2.215m. At that price, it is one of the cheapest homes on the Silver Strand in Marina del Rey, and shows significant promise for further appreciation.

$2,215,000.00

114 Reef Mall Marina del Rey
Represented international buyer in the acquisition of this beautiful home in the Silver Strand area of Marina del Rey.

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