4050 Glencoe Avenue 423, Marina Del Rey, California 90292, Marina Del Rey, 90292 - 1 bed, 2 bath
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Marina Del Rey, California 90292
This Single-Level Penthouse is a Turnkey Residential Asset listed at $829,000, reflecting its prime location in the Marina Del Rey Arts District. Positioned at a premium relative to the $796,090 Fair Market Value, the unit features Viking Appliances, Granite Countertops, and a Good Condition Rating. With resort-style amenities including a Fitness Center and Spa, plus a tenant already in place at above-market rent, the property offers immediate stability and coastal lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated home near Los Angeles Unified schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4050 Glencoe Avenue 423 Subject | $829,000* List Price | 1 | 2 | 890 | $894 | - |
A 4060 Glencoe Avenue 228 Sold | $640,000 | 1 | 1 | 650 | $985 | 0.0 mi |
B 13700 Marina Pointe Drive 1610 Sold | $875,000 | 1 | 2 | 928 | $943 | 0.5 mi |
C 13700 Marina Pointe Drive 421 Sold | $649,000 | 1 | 1 | 859 | $756 | 0.5 mi |
D 13320 Beach Avenue 303 Sold | $1,020,000 | 2 | 2 | 1,200 | $850 | 0.1 mi |
E 13700 Marina Pointe Drive 1426 Sold | $790,000 | 1 | 1 | 811 | $974 | 0.5 mi |
F 4050 Glencoe Avenue 409 Sold | $745,000 | 1 | 2 | 890 | $837 | - |
G 4060 Glencoe Avenue 204 Active Under Contract | $899,000 List Price | 2 | 2 | 1,090 | $825 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 15% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 890 | 1,517.5 | 14% |
| Lot Size | 59,240 | 59,359 | 50% |
| Price | $829.0K | $1.17M | 24% |
| Price per sq ft | $931 | $757 | 80% |
| Built year | 2007 | 1979 | 84% |
| HOA | $525.0 | $961 | 18% |
| Days on market | 257 | 158 | 91% |
Aug 8, 2025
$829,000
Initial Listing
Nov 21, 2007
$547,000
Public Record