Charming 4-Unit Investment Opportunity in Prime Venice Location
Built in 1949, this well-maintained 4-unit apartment building sits on a 4,364 sq ft lot and offers a total of 1,870 sq ft 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.
Built in 1949, this well-maintained 4-unit apartment building sits on a 4,364 sq ft lot and offers a total of 1,870 sq ft 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.
Property Details
Price:
$1,757,757
MLS #:
SB25081434
Status:
Active
Baths:
0
Address:
1134 Marco Place
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c11venice
City:
Venice
Listed Date:
Apr 13, 2025
State:
CA
ZIP:
90291
Lot Size:
4,364 sqft / 0.10 acres (approx)
Year Built:
1949
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
2.00
Lot Features
2-5 Units/ Acre, Back Yard, Corner Lot, Garden, Landscaped, Near Public Transit, Park Nearby
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1134 Marco Place Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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1134 Marco Place
Venice, CA
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