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Listed by Lisa Jorgensen • Magellan Capital Group & Assoc.
$829,000
Est. payment /mo
1 Bed
2 Baths
890 SqFt
Active
4050 Glencoe Avenue #423 Marina Del Rey, CA 90292
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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 890 sqft
Price per Sqft $931
MLS Listing ID CROC25178937
Bedrooms 1
Full Baths 2
HOA Fees $525/mo
HOA Y/N Yes
Year Built 2007
Lot Size 1.360 Acres
Property Sub-Type Condominium
Source Datashare California Regional
Property Description
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.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Range, Microwave, Refrigerator
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
Amenities Available Fitness Center, Sauna, Spa/Hot Tub, Other, Barbecue, BBQ Area
View Other
Handicap Access None
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Water Public
Schools
School District Los Angeles Unified
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