1134 Marco Place Venice, CA 90291
Venice NeighborhoodEstimated payment $9,981/month
Total Views
19,912
4
Beds
--
Bath
1,870
Sq Ft
$940
Price per Sq Ft
Highlights
- Very Popular Property
- Property is near a park
- Laundry Room
- Venice High School Rated A
- Corner Lot
- Garden
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-913-2488 License #02065583
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-913-2488 License #02035763
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,268
Year Built
- Built in 1949
Lot Details
- 4,364 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Corner Lot
- Garden
- Back Yard
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 4 Bedrooms
- 1,870 Sq Ft Home
- 2-Story Property
- Laundry Room
Outdoor Features
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
Listing and Financial Details
- Tax Lot 66
- Tax Tract Number 5385
- Assessor Parcel Number 4242005015
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,870
- Gross Income $96,889
- Net Operating Income $63,807
Additional Features
- 4 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,268 | $158,197 | $81,991 | $76,206 |
| 2023 | $2,234 | $155,096 | $80,384 | $74,712 |
| 2022 | $2,145 | $152,056 | $78,808 | $73,248 |
| 2021 | $2,107 | $149,075 | $77,263 | $71,812 |
| 2019 | $2,052 | $144,875 | $74,972 | $69,903 |
| 2018 | $2,005 | $142,039 | $73,502 | $68,537 |
| 2016 | $1,906 | $136,314 | $70,649 | $65,665 |
| 2015 | $1,882 | $134,267 | $69,588 | $64,679 |
| 2014 | $1,917 | $131,638 | $68,225 | $63,413 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | For Sale | $1,757,757 | -- | $940 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Ticor Title | |
| Grant Deed | -- | Ticor Title | |
| Deed | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Ticor Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $996,500 | New Conventional | |
| Closed | $996,500 | New Conventional | |
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $130,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
About the Listing Agent
Molly First is a lifelong resident of Los Angeles and possesses a select understanding and appreciation of the real estate market in one of the world’s most diverse and expanding cities. After earning a Bachelor’s degree from the University of Southern California, Molly broke into the real estate industry as an Associate Agent at Lyon Stahl representing and assisting novice and experienced real estate investors alike to achieve their financial goals.
Molly invests her time and energy in
Molly's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25081434
APN: 4242-005-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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