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About the Listing sb1310620 - SBSAMICAM,SBFIRSMOL
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 Venice’s 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.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
SB26105769
Year Built
1949
Total Square Footage
1,870
Lot/Acreage
0.1
County
Los Angeles
Area
C11 - Venice
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: See Remarks
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Back Yard,Corner Lot,Garden,Landscaped,Near Park,Near Public Transit,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Zoning: LARD2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4242006009
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
1134 Marco Pl Venice, CA 90291
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