Venice, CA 90291 1134 Marco Place

1134 Marco Place Venice, CA - Image 11134 Marco Place Venice, CA - Image 21134 Marco Place Venice, CA - Image 3
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Presented By: Molly First with Lyon Stahl Investment Real Estate, Inc.; 310-913-2488
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25081434
  • 04/14/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 4
  • SQFT • 1,870
  • Garage • 2

Home Details

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.
Presented By: Molly First with Lyon Stahl Investment Real Estate, Inc.; 310-913-2488

Interior Features for 1134 Marco Place

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 1134 Marco Place

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityVenice
Community FeaturesCurbs, Gutters, Sidewalks, Park
CountyLos Angeles
DirectionsHeading 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.
Electric On Property Y/NNo
Entry Location1
Garage Spaces2.0
Garage Y/NYes
Gross Income96889.0
HOANo
Home Warranty Y/NNo
Insurance Expense1870.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet4364.0
Lot Size UnitsSquareFeet
MLS AreaC11 - Venice
MobileHomeRemainsYNNo
Net Operating Income63807.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Open Parking Spaces4.0
Operating Expense33082.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot66
Trash Expense0.0
Water Sewer Expense0.0
Year Built1949
Year Built SourceAssessor
ZoningLARD2

Exterior for 1134 Marco Place

Building Area Total1870.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, BackYard, CornerLot, Garden, Landscaped, NearPark, NearPublicTransit
Lot Size Acres0.1002
Lot Size Area4364.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,757,757
MLS#SB25081434
List Date 04/14/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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