1134 Marco Pl Venice, CA 90291

$--

3 Beds
3 Baths
1,870 Sq.Ft.

Off Market

Map preview of 1134 Marco Pl, Venice, CA 90291

Property Overview: 1134 Marco Pl Venice, CA has 3 bedrooms, 3 bathrooms, 1,870 living square feet and 4,366 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1134 Marco Pl is currently an off market home in the city of Venice. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Venice has a median list price of $2,425,000. The median price per/sqft for Venice is $1,225. With those numbers in mind, if you are looking to purchase a median priced home in Venice, CA and put 20% down you will need to save up $485,000 for the down payment and will need roughly $48,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Venice the commission could be as much as $94,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1134 Marco Pl

View property's historical transactions

April, 2021
Apr 1, 2021

Date

Expired

CRMLS: SB20095082

$1,650,000

Price
Jan 18, 2021

Date

Price Change

CRMLS: SB20095082

$1,650,000

Price
Sep 30, 2020

Date

Price Change

CRMLS: SB20095082

$1,699,000

Price
Aug 19, 2020

Date

Price Change

CRMLS: SB20095082

$1,739,000

Price
May 19, 2020

Date

Active

CRMLS: SB20095082

$1,749,000

Price
Listing provided courtesy of CRMLS

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 has just been fully remodeled. It is also less than a mile from the famous Abbot Kinney Blvd, dubbed by GQ as “the coolest block in America,” 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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February, 2020
Feb 12, 2020

Date

Expired

CRMLS: SB19218001

$1,749,000

Price
Nov 8, 2019

Date

Withdrawn

CRMLS: SB19218001

$1,749,000

Price
Oct 30, 2019

Date

Price Change

CRMLS: SB19218001

$1,749,000

Price
Sep 12, 2019

Date

Active

CRMLS: SB19218001

$1,795,000

Price
Listing provided courtesy of CRMLS

Please DO NOT CONTACT SELLER. PROPERTY WILL BE MARKETED AGAIN AT A LATER DATE. We are pleased to present 1134 Marco Place, a value-add 4-unit investment opportunity, located in the highly desirable submarket of Venice. This 1,870 SF building was built in 1949 (subject to rent control) and is situated on a 4,364 SF corner lot. The property is comprised of four (4) one-bedroom/ one-bathroom units. With two of the units having their own private patio. This property is in a highly sought-after area that is currently going through substantial redevelopment and constantly increasing property values – this opportunity won’t last long. 1134 Marco Pl is ideally located, in close proximity to popular restaurants, Whole foods, Penmar Golf Course, a great school system and the Santa Monica Airport -which will be redeveloped into retail/park space in the next 10 years offering excellent long-term appreciation. 1134 Marco Pl offers an astute investor the opportunity to acquire a multifamily asset in one of the most desirable neighborhoods of Los Angeles. By implementing a value-add program to raise rents to market levels, 1134 Marco Pl is a truly unique and lucrative investment.

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August, 2019
Aug 5, 2019

Date

Expired

CRMLS: 19431468

$1,849,000

Price
Jul 10, 2019

Date

Price Change

CRMLS: 19431468

$1,849,000

Price
Jun 12, 2019

Date

Price Change

CRMLS: 19431468

$1,895,000

Price
May 22, 2019

Date

Active

CRMLS: 19431468

$1,935,777

Price
May 17, 2019

Date

Hold

CRMLS: 19431468

$1,935,777

Price
May 17, 2019

Date

Active

CRMLS: 19431468

$1,935,777

Price
May 7, 2019

Date

Price Change

CRMLS: 19431468

$1,935,777

Price
May 5, 2019

Date

Expired

CRMLS: 19431468

$1,940,000

Price
Mar 6, 2019

Date

Price Change

CRMLS: 19431468

$1,940,000

Price
Feb 6, 2019

Date

Active

CRMLS: 19431468

$1,969,076

Price
Listing provided courtesy of CRMLS

"MOTIVATED SELLER" Welcome to this great investment opportunity right in the heart of Venice, one of the hottest neighborhoods in LA. This Multi-Family- 4 Unit is close to everything that Venice has to offer. Steps to Rose Avenue and walking distance to the beach and Abbott Kinney, Whole Foods, Rose Ave, boardwalk, lively restaurants & shops! Buyer to cooperate seller's 1031 exchange at no additional cost. Do not disturb tenants.

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September, 2018
Sep 14, 2018

Date

Expired

CRMLS: 18332800

$1,950,000

Price
Aug 6, 2018

Date

Withdrawn

CRMLS: 18332800

$1,950,000

Price
Apr 12, 2018

Date

Active

CRMLS: 18332800

$1,950,000

Price
Listing provided courtesy of CRMLS

Tax History for 1134 Marco Pl

Assessed Value (2020): $147,767

Year	Land Value	Improved Value	Assessed Value
2020	$76,471	$71,296	$147,767

About 1134 Marco Pl

Detailed summary of property

1134 Marco Pl is categorized with a use code of Quadruplex (4 Units, Any Combination) in Venice, CA 90291 and is currently off market. This property has 3 bedrooms, 3 bathrooms, roughly 1,870 living square feet, and sits on an approximately 4,366 square foot lot. Homes in Venice are selling for a median price of $1,894,000 and a median price per square foot of $1,377. Local nearby listings include 3624 Beethoven St, 13023 Warren Ave and 3449 Moore St. The average home in Venice, CA is selling in 117 days. There are currently 175 homes for sale in the Venice real estate market and 145 of them are single family homes while 23 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 1134 Marco Pl Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 1134 Marco Pl

Public county record property details

Beds: 3
Baths: 3
Year built: 1949
Sq. Ft.: 1,870
Lot Size: 4,366
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 66
APN: 4242-005-015

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,450,000

Median List Price/Sq.Ft.

$1,221

Median Sold Price

$1,894,000

Median Sold Price/Sq.Ft.

$1,377

Total Inventory

173

Median Sale to List Price %

99.68%

Avg Days on Market

Loan Type

Conventional (5%), FHA (0%), VA (0%), Cash (5%), Other (30%)

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(714) 706-1823

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