Marina del Rey, CA90292
1 Bedrooms | 2 baths | 890 sqft | MLS# OC25178937
Tract:
For Sale $829,000
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.
Facts
Condominium | Built in 2007 | Lot Size: 59240.00 sqft | HOA Dues: $525/month
Features
Balcony,High Ceilings,Recessed Lighting
Listing provided by Lisa Jorgensen, Magellan Capital Group & Assoc.
Based on information from California Regional Multiple Listing Service, Inc. as of February 19, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
