Marina del Rey home and condo appraisals for estates, trusts, and taxes
County harbor of high-rise condominiums and apartments on long-term ground leases
Marina del Rey is an unincorporated Los Angeles County community built around a small-craft harbor that was dedicated in 1965 and is surrounded by the City of Los Angeles, between Venice and Playa del Rey. Most valuation requests here involve condominiums: date-of-death values for units held in trusts, divorce valuations of harbor-view homes, and family sales where the remaining ground-lease term must be understood.
- Location
- Marina del Rey is an unincorporated community of Los Angeles County in the Westside & Malibu region of Los Angeles County
- ZIP codes
- 90292
- Properties
- Single-family homes and condominiums
- Fees
- $449 Standard Desktop, $299 Basic Desktop
- Delivery
- 3+ business days
Homes in Marina del Rey
Los Angeles County owns the land around the harbor and leases parcels to developers, so the condominium and apartment buildings along Via Marina and Admiralty Way sit on long-term ground leases rather than fee-owned land. The housing within the county area is almost entirely apartment and condominium buildings, including high-rise towers, many with harbor views. The adjoining Marina Peninsula and the Golden Triangle between Admiralty Way, Washington Boulevard and Lincoln Boulevard share the 90292 ZIP code and the Marina del Rey name, but they lie in the City of Los Angeles, where homes do not sit on county ground leases.
What moves value in Marina del Rey
Harbor and ocean views, floor level, building amenities and walking access to the water and Marina Beach separate values among otherwise similar units. Buyers often compare Marina del Rey with Playa Vista, Venice and the beach cities, and many value boat-slip access and short trips to Silicon Beach employers and LAX. For leasehold condominiums, the remaining lease term and its provisions also shape what buyers will pay.
Neighborhoods and tracts
- Via Marina
- Admiralty Way
- Mindanao Way
- Bali Way
- Fiji Way
- Marina Peninsula
- Golden Triangle
Local reference points: Marina Beach, known locally as Mother's Beach, Fisherman's Village, Burton Chace Park, Yvonne B. Burke Park and the neighboring Ballona Wetlands Ecological Reserve mark the harbor's edges.
Appraisal considerations in Marina del Rey
Because the County owns the land, condominiums inside the county area are leasehold interests, and the remaining lease term, any extension and the lease's transfer provisions belong in the analysis alongside association dues and reserves. Comparables should match the subject's ownership type, since fee-simple sales from the City of Los Angeles side of the 90292 ZIP code can differ meaningfully from leasehold sales. Low-lying parcels near the water and Ballona Creek should also be checked for flood-zone status as of the effective date.
How does the ground lease affect the value of a Marina del Rey condominium?
A buyer here acquires a leasehold interest that runs only for the remaining lease term, so the length and terms of that lease can affect price. We compare the subject with sales from leasehold buildings with similar remaining terms where possible and note any lease provisions a buyer would weigh as of the effective date.
Reports we prepare for Marina del Rey properties
Each is a certified desktop appraisal of a single-family home or condominium, as of a current or past date.
- Date-of-Death Appraisals
- Step-Up in Basis Appraisals
- Trust Administration Appraisals
- Estate Settlement & Estate Tax Appraisals
- Gift Tax Appraisals
- Prop 19 Parent-Child Transfer Appraisals
- Divorce & Date-of-Separation Appraisals
- Family Sale & Co-Owner Buyout Appraisals
- Retrospective Appraisals
Reviewed November 2026.
Need a value for a Marina del Rey property?
Send the address and the date the value is needed for. We confirm the property and the fee within one business day; the report is delivered in 3+ business days.