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$ 1,666,000
Est. payment /mo
New
1134 Marco Place Venice, CA 90291
4 Beds
4 Baths
4,364 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26105769
Bedrooms 4
Lot Size 4,364 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Charming Corner Lot 4 Unit Investment Opportunity in Prime Venice Location! Operating at 4.08% CAP & 16.17 GRM. Built in 1949, this well maintained 4 unit apartment building sits on a 4,364 SF lot and offers a total of 1,870 SF of living space. Each unit is a 1 bedroom, 1 bath, ideally situated on a quiet, tree lined street in one of Venices most sought after residential neighborhoods. Two units will be delivered vacant at the close of escrow, with the potential for a third vacant unit, presenting immediate upside for investors or owner users. Recent upgrades include a new roof, approximately 90% updated plumbing, and a shared laundry room. The property also boasts two private backyards, two single car garages with ADU potential, and three additional off street parking spaces, a rare convenience in Venice. Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top rated schools. This high demand location supports strong, consistent rental income and long term appreciation potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Heading North on Lincoln Blvd, turn right onto Marco Place. The property will be on the righthand side on the corner of Marco Pl
Interior
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4242006009
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc.
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