Date
Details
Price
Change
Source
8/08/2025
Listed
$829,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/31
$829,000
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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.
Full Property Details
Full Property Details for 4050 Glencoe Ave #423
General
- Price: $829,000
- HOA FEE: $525/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC25178937
- Updated: 2/19/2026
- Days on Market: 79 days
- Added to Site: 196 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Primary Bathroom, Primary Suite, See Remarks
- Interior Features: Balcony, High Ceilings, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Breakfast Counter/Bar
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Stackable
Additional Information
- Shared Amenities: Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Gym/Exercise Room, Meeting Room
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Assigned
Location
- County: Los Angeles
- Driving Directions: Marina Del Rey freeway to Mindanao Way left to Glencoe Avenue
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking, Curbs, Street Lights, Suburban, Urban
- Assoc. Name: Ross and Morgan
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 1 Common Wall
- Disability Access: None
- Entry Location: Lobby
- Stories/Levels: One
- Stories Description: One
- Square Feet: 890
- Sq. Ft. Source: Assessor
- Year Built: 2007
- Year Built Source: Public Records
- Property Condition: Turnkey
Unit Information
- Units in Complex: 200
Lot Features
- Property View: Courtyard
- Lot Size (Acres): 1.36
- Lot Size (Sq. Ft.): 59,240
- Lot Size Source: Assessor
- Zoning: LACM(GM)
- Lot Description: Walking Street
Financial Considerations
- Price Per Sq. Ft.: $931.46
- Association Fee: $525
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Magellan Capital Group & Assoc., Lisa Jorgensen
We Value Your Privacy
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Listing agent
— 4050 Glencoe Ave #423 —
Lisa Jorgensen
Magellan Capital Group & Assoc.
310-554-9555
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4050 Glencoe Ave #423
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Short Avenue Elementary School 12814 Maxella Avenue, Los Angeles, CA 90066 | K-6 | 0.6 mi |
Marina Del Rey Middle School 12500 Braddock Drive, Los Angeles, CA 90066 | 6-8 | 1.2 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4050 Glencoe Ave #423
Tax History
Tax History for 4050 Glencoe Ave #423
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,588
3%
$717,953
4%
2023
$8,328
5%
$690,075
2%
2022
$7,937
1%
$676,545
2%
2021
$7,836
-1%
$663,281
1%
2020
$7,916
4%
$656,480
2%
2019
$7,596
—
$643,609
2%
2018
$7,571
6%
$630,990
6%
2017
$7,159
1%
$598,000
—
2016
$7,114
15%
$596,000
15%
2015
$6,173
5%
$517,000
7%
2014
$5,881
12%
$481,000
13%
2013
$5,240
—
$427,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4050 Glencoe Ave #423
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Listed by Michelle Gerrard (CalRE#: 02031238) and Cathy Gerrard (CalRE#: 01383898)
4050 Glencoe Avenue #423, Marina del Rey, CA 90292 (MLS# OC25178937) is a Condo property with 1 bedroom and 2 full bathrooms. 4050 Glencoe Avenue #423 is currently listed for $829,000 and was received on August 08, 2025. Want to learn more about 4050 Glencoe Avenue #423? Do you have questions about finding other Condo real estate for sale in Marina del Rey? You can browse all Marina del Rey real estate or contact a Coldwell Banker agent to request more information.