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    1134 Marco Place

    Venice, CA 90291
    • $1,739,000
    • STATUS: Active
    • ON SITE: 158 days
    • ID#: SB20095082
    UPDATED: 55 min ago
    $1,739,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,870
      SQFT
    • $930
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    Two units delivered vacant. Most affordable 4-Unit in Venice. This is a value-add 4-unit investment opportunity. The building is comprised of four (4) one-bedroom / one-bathroom units, two of which have their own private patios/backyards. One unit vacant unit has just been fully remodeled. It is also less than a mile from the famous Abbot Kinney Blvd, dubbed by GQ as +G+the coolest block in America,+G- a mile-long strip of the latest fashion, art, and food just minutes from Venice Beach. Just 5 minutes in the opposite direction is the Santa Monica Airport, slated for redeveloped into retail/park space in the next 8 years offering excellent long-term appreciation.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T13:29:03.943. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/106000686
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    1134 Marco Place Venice, CA 90291

    • Price: $1,739,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: SB20095082
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,870
    SQFT
    $930
    $/SQFT
    1949
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    Two units delivered vacant. Most affordable 4-Unit in Venice. This is a value-add 4-unit investment opportunity. The building is comprised of four (4) one-bedroom / one-bathroom units, two of which have their own private patios/backyards. One unit vacant unit has just been fully remodeled. It is also less than a mile from the famous Abbot Kinney Blvd, dubbed by GQ as +G+the coolest block in America,+G- a mile-long strip of the latest fashion, art, and food just minutes from Venice Beach. Just 5 minutes in the opposite direction is the Santa Monica Airport, slated for redeveloped into retail/park space in the next 8 years offering excellent long-term appreciation.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/AcreBack YardCorner LotGardenLandscapedNear Public TransitPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 4.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common AreaDryer IncludedWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Elevation Units Feet Fuel Expense 590.00 Gardener Expense 1200.00 Gross Income 68676.00 Gross Scheduled Income 68676.00 Insurance Expense 1097.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1000.00 Net Operating Income 40921.00 New Construction YN No New Taxes Expense 19676.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Patio 2 Number With Refrigerator 4 Operating Expense 25694.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 25694.00 Trash Expense 0.00 Water Sewer Expense 2191.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Nico Rosmarin of Lyon Stahl Investment Real Estate, Inc. and Molly First of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T13:29:03.943. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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