4050 Glencoe Avenue 423, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 1 bed, 2 bath

4050 Glencoe Avenue 423, Marina Del Rey, California 90292 home-pic-0

4050 Glencoe Avenue 423

Marina Del Rey, California 90292

ACTIVE
CONDITION: GOOD
1Beds
2Baths
890Sq Ft
59,240Lot Size

Property Price

LIST PRICE$829,000

SUMMARY

Analysis of 4050 Glencoe Avenue 423, Marina Del Rey, California 90292 is currently available with a list price of $829,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Marina Del Rey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this property falls within the 10-20 year age range for a 'good' condition rating. The unit is move-in ready and features high-end Viking appliances, granite countertops, and hardwood flooring. While the finishes are consistent with its original construction date rather than a recent full renovation, the property is well-maintained, turnkey, and includes modern essentials like central HVAC and in-unit laundry.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

About 4050 Glencoe Avenue 423

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.

Property Details

Public Facts

Property Type
Condominium
Year Built
2007
Lot Size
59,240 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$525.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
17%
Baths2.02.0
50%
Square foot8901,582
14%
Lot Size59,24049,396.5
52%
Price$829.0K$1.16M
26%
Price per sq ft$931$757
79%
Built year20071981
83%
HOA$525.0$968
12%
Days on market210181
65%

Pricing History

Listed for Sale

Aug 8, 2025

$829,000

Initial Listing

Sold

Nov 21, 2007

$547,000

Public Record

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