Properties
Marina Del Rey, CA 90292 4050 Glencoe Avenue 423
$829,000
26 more
Presented By: Lisa Jorgensen with Magellan Capital Group & Assoc.; 310-554-9555
Beds • 1
Baths • 2
SQFT • 890
Garage • 2
Home Details
Prime Income Opportunity
Spectacular and spacious, this 1-bedroom, 1.5-bathroom single-level penthouse is located in the heart of the Marina Del Rey Arts District, just two blocks from the beach. Currently tenant-occupied at above-market rent, this property is the perfect turnkey investment with immediate income potential.
The unit offers soaring ceilings, wood floors, a fireplace, and a chef’s kitchen with Viking appliances and granite counters—features that ensure continued tenant demand. The primary suite includes double closets, a spa-like en-suite bathroom, and access to a private balcony retreat. Additional highlights include central HVAC, in-unit laundry, and two side-by-side garage parking spaces.
The building provides resort-style amenities that drive tenant appeal and rental strength, including a fitness center, spa, sauna, steam room, hot tub, BBQ area, meeting room, and ample guest parking. Area is close proximity to shops, dining, entertainment, and freeways, this property offers both stable income and long-term value appreciation.
Turnkey. Tenant in place. High demand coastal rental market.
Presented By: Lisa Jorgensen with Magellan Capital Group & Assoc.; 310-554-9555
Interior Features for 4050 Glencoe Avenue 423
Bedrooms
Main Level Bedrooms1
Total Bedrooms1
Bathrooms
Main Level Bathrooms1
Total Baths2
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Common WallsItem1CommonWall
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBreakfast Bar, Balcony, High Ceilings, Recessed Lighting, Primary Suite
Laundry FeaturesStacked
Total Stories1
Other Rooms
Entry Level1
General for 4050 Glencoe Avenue 423
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
Assoc Fee Paid PerMonthly
Association AmenitiesFitness Center, Meeting Room, Outdoor Cooking Area, Barbecue, Sauna, Spa/Hot Tub
Association NameRoss and Morgan
Attached Garage No
CityMarina Del Rey
Community FeaturesBiking, Curbs, Street Lights, Suburban, Urban
CoolingCentral Air
CountyLos Angeles
Current FinancingNone
DirectionsMarina Del Rey freeway to Mindanao Way left to Glencoe Avenue
Entry LocationLobby
Full Baths2
Garage Spaces2
Garage Y/NYes
HOAYes
HOA Fee$525
HeatingCentral
High School DistrictLos Angeles Unified
Land Lease Y/NNo
Lease Considered Y/NYes
LevelsOne
Listing TermsCash, Conventional, Lease Option
Living Area890
Living Area UnitsSquare Feet
Lot Size Square Feet59240
Lot Size UnitsSquare Feet
MLS AreaC12 - Marina Del Rey
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityMARINA DEL REY
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Security FeaturesSecurity Gate
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Structure TypeMulti Family
Tax Lot1
Unit Number423
UtilitiesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewCourtyard
Year Built2007
Year Built SourcePublic Records
ZoningLACM(GM)
Exterior for 4050 Glencoe Avenue 423
Lot FeaturesWalkstreet
Lot Size Acres1.36
Lot Size Area59240
Lot Size SourceAssessor
Parking FeaturesAssigned
Private PoolNo
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Big Hollow Elementary School
