Marina del Rey Property Management

North America's Marina. Luxury Rentals at Scale.

An unincorporated county enclave where 93% of residents rent, 5,000 boat slips sit steps from luxury towers, and Silicon Beach's tech workforce fills the waiting lists. Here is the ground-level picture.

Schofield Properties personally manages rental homes and apartment buildings in Marina del Rey, California. We handle tenant placement, rent collection, maintenance coordination, and owner financial reporting, with the same person overseeing your property from start to finish. We have managed the South Bay since 1972.

Marina del Rey rental market signals

• Market cycle: Expansion (rents rising with strong absorption)
• Median rent: $2,895/mo
• Occupancy: 0% across Schofield-managed units vs 94.7% market
• Days to lease: 0 days vs 30 market average
• Tenant retention: 0% vs 64.2% market

The county's marina town: 93% renters, luxury supply, Silicon Beach demand

Marina del Rey is structurally unlike any other Westside submarket: all land is owned by Los Angeles County and developed under long-term ground leases, which concentrates rental product and explains why 93% of the roughly 8,800 residents rent. North America's largest man-made small-craft harbor, with approximately 5,000 boat slips, commands a waterfront lifestyle premium that few LA neighborhoods can match. The demand engine is Silicon Beach, drawing a renter pool that skews affluent and coastal-lifestyle-oriented, with a median household income of roughly $146,600. LA County conditions ground-lease renewals on density increases and public amenity upgrades, creating a secular upward push on rental stock quality that benefits existing well-positioned owners.

Neighborhoods we manage in Marina del Rey

• Silver Strand — A two-block-wide sliver of land between the Venice Peninsula and the marina with multilevel canal-front homes, an SFR median that hit $3.58M in 2025, and near-zero rental vacancy. Average rent about $5,500/mo (+9.0%).
• Oxford Triangle / Marina Arts District — The inland residential core between Lincoln Blvd and Washington Blvd, a mix of newer townhomes, duplexes, and small apartment buildings popular with tech workers and posting strong appreciation. Average rent about $3,400/mo (+11.6%).
• Mariners Village / Waterfront Apartment Communities — The cluster of large leasehold apartment communities along Via Marina and Admiralty Way offering resort-style amenities, water views, and direct marina access. Average rent about $3,000/mo (+2.4%).
• The Towers / Marina City Club — High-rise condominium complexes on the harbor's edge offering a lower price-per-door entry into a waterfront address, with longer days-on-market creating negotiating windows. Average rent about $2,700/mo (+7.6%).

What we are seeing on the ground

• 93% renter share, the highest landlord-favorable ratio on the Westside — Census data confirms only 7% owner-occupancy across Marina del Rey's roughly 5,200 housing units. Structural renter dominance, driven by county leaseholds, transient tech workers, and lifestyle renters, keeps vacancy discipline intact even as new supply enters.
• Silicon Beach demand absorbs new Class A supply — Greystar's 585-unit AMLI MDR and the reconfigured Villa del Mar (198 units) entered a market where 1BR asking rents held near $2,895 and studios surged 29% year-over-year. The tech-commuter pool from Playa Vista, Venice, and Santa Monica continues to absorb new product at pace.
• County lease renewals forcing quality upgrades, a floor on stock quality — LA County conditions ground-lease renewals on density additions and public amenity improvements. Each rolling 60-year cycle removes older, lower-quality product and replaces it with larger, higher-finish buildings, a secular tailwind for owners of existing quality stock and a barrier to low-quality competition.

Property types we manage

• Single Family Residences: 6 units under management, averaging $5,800/mo at 97.5% occupancy. Silver Strand canal-front homes command the highest rents in the submarket.
• Small Multi-Family (2-8 units): 18 units under management, averaging $3,100/mo at 96.2% occupancy. Oxford Triangle and Marina Arts District duplexes lease fast to tech tenants.
• Large Multi-Family (9-18 units): 52 units under management, averaging $2,950/mo at 94.8% occupancy. Waterfront towers including AMLI MDR, Mariners Village, and leasehold condos along Admiralty Way.

Nearby markets we also manage: Venice property management, Playa del Rey property management, Culver City property management, Westchester property management, Santa Monica property management, West Los Angeles property management.

Book a call to talk about managing your Marina del Rey property, or run the free rental model to see what your unit should earn.

Frequently asked questions

Does Schofield Properties manage rental property in Marina del Rey?

Yes. Schofield Properties manages single family homes, multi family buildings, and apartments in Marina del Rey, California (90292), from our office in nearby El Segundo. We have managed the South Bay since 1972.

How much does property management cost in Marina del Rey?

Full Service management in Marina del Rey runs 8 to 10 percent of collected rent, with no setup fees and no markup on maintenance.

What does property management in Marina del Rey include?

Tenant placement, rent collection, maintenance coordination, lease renewals, and monthly owner reporting, all overseen personally by your dedicated Marina del Rey property manager.