$829,000

4050 Glencoe Avenue 423, Marina Del Rey, CA 90292

1 bed |
2 baths |
890 sqft

Condominium
Built in 2007
1.36acre lot
2 car garage
$931/sqft
Listed 8 months ago

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.

Listing Status:: Active
Date Added:: August 8, 2025
Data Last Updated:: April 16, 2026 at 10:08PM
Listing Office:: Magellan Capital Group & Assoc. : 949-533-9333
Listing Agent:: Lisa Jorgensen : 310-554-9555
MLS ID:: CROC25178937

General: Breakfast Bar
Appliances: DishwasherGas RangeMicrowaveRefrigerator
Laundry: Other
A/C: Central Air
Heating: Central
Fireplace: Living RoomFireplace
Disability Feature: None

Pool: None
Parking: DetachedAssigned

General: 1

HOA Amenities: Fitness CenterSaunaSpa/Hot TubOtherBarbecueBBQ Area525.0Monthly
Originating MLS: CRMLS
School District: Los Angeles Unified
County: Los Angeles

Zoning: LACM4230031073
View: Other

Utilities: Cable AvailableNatural Gas Connected

Source: CRMLS

This listing courtesy of Lisa Jorgensen , Magellan Capital Group & Assoc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Coeur d'Alene Avenue School

810 Coeur D Alene Ave, Venice, CA, 90291

Grades KG-5

0.59 miles away

Mark Twain Middle School

2224 Walgrove Ave, Los Angeles, CA, 90066

Grades 6-8

0.67 miles away

Venice High School

13000 Venice Blvd, Los Angeles, CA, 90066

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.