The Hirth Group has been selected to exclusively market for sale 4065-4071 Glencoe Avenue, a 51,401-square-foot lot in Marina del Rey, California. This promising investment opportunity, which includes an existing 11,344-square-foot building, is a developer’s dream in one of the fastest growing communities on the Westside of Los Angeles.

The subject property is zoned CM (GM)-2D-CA and is part of the Glencoe/Maxella Specific Plan. By right this plan grants the ability to build 64 residential units with a Floor Area Ratio (FAR) of 1.75 to 1. The zoning permits a density bonus of 25% with a FAR of 2 to 1, allowing the construction of 80 units, including senior and affordable housing. The property is adjacent to the Belle Fontaine, a 102-unit apartment building built in 2002. Across the street are the Indigo, a 77-unit condominium development built in 2007, and the 96-unit Del Rey Terrace, built in 2005. This seaside resort town is world renowned for its beaches, small-craft marina, and luxurious lifestyle. The recent surge in development within this highly coveted community has created a dynamic demographic, proven by the influx of Fortune 500 employers, high-end retailers, and institutional investors. Buyer to verify all information with city or applicable authorities.