




$829,000
Est. $4,642/mo4050 Glencoe Avenue 423, Marina Del Rey, CA 90292
About this home
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.
infoProperty Facts
Bedrooms
1
Bathrooms
2
Square Feet
890
Lot Size
59,240 sqft
Year Built
2007
Property Type
Condominium
Days on Market
77
HOA Fee
$525/mo
Garage Total
2
MLS #
OC25178937
chairInterior Details
General Interior
Interior Features
Breakfast Bar, Balcony, High Ceilings, Recessed Lighting, Primary Suite
Fireplace
Living Room
Kitchen & Appliances
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Laundry
Stacked
Bed & Bath
Main Level Bedrooms
1
Main Level Bathrooms
1
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Total Parking Spaces
2
Garage Spaces
2
Parking Features
Assigned
deckExterior & Lot
Building & Construction
Security
Security Gate
Lot & Grounds
Lot Features
Walkstreet
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
HOA Amenities
Fitness Center, Meeting Room, Outdoor Cooking Area, Barbecue, Sauna, Spa Hot Tub
Community Features
Biking, Curbs, Street Lights, Suburban, Urban
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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