4050 Glencoe Avenue #423
Marina Del Rey, CA 90292
$ 829,000
Price
1
Beds
2
Baths
890 Sq. Ft.
$931 / Sq. Ft.
74 Days On Market
Listed By Lisa Jorgensen (DRE# 02120846) at Magellan Capital Group & Assoc. (310-554-9555).
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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.
Last Updated: 0 days ago
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