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$1,757,757
Est. payment /mo
4 Beds
4 Baths
1,870 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type All Other Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,870 sqft
Price per Sqft $939
MLS Listing ID SB25163964
Bedrooms 4
Full Baths 4
Year Built 1949
Property Sub-Type All Other Attached
Property Description
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 Venices most sought-after residential neighborhoods. Two units will be delivered vacant at the close of escrow, with the third vacant unit in one year. 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 spacesa 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 LARD2
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 & Penmar Ave.
Interior
Cooling Other/Remarks
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Other/Remarks
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Special Listing Condition Standard
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Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.