Description

We are pleased to present 1134 Marco Place, a value-add 4-unit investment opportunity in Venice. Situated on a large 4,364 SF corner lot in one of the most highly desirable submarkets Los Angeles’s Westside, 1134 Marco Place is a rare opportunity to own property in a market with limited inventory and high demand. The 1,870 SF 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! Just one block up from Lincoln Blvd, 1134 Marco Place’s location is more than ideal, in close proximity to popular restaurants, bars, coffee shops, and markets including Whole Foods, Starbucks, Superba Food + Bread, Deus Ex Machina, The Lincoln, Whole Foods, Erewhon Market, Costco, and many more. 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. This highly coveted location is more than ideal for an owner-user looking to immerse themselves in the plush culture Venice has to offer as well as for an investor searching for a property that holds strong rent appeal that will produce steady returns. You don’t want to miss out on this incredible opportunity.

Address

  • City Venice
  • State/county CA

Details

Updated on June 3, 2020 at 7:39 am
  • Price: $1,699,000
  • Property Size: 1,870 Sq Ft
  • Land Area: 4,364 Sq Ft
  • Year Built: 1949
  • Property Type: Multifamily
  • Property Status: Active

Overview

  • Multifamily
  • Property Type
  • 1,870
  • Sq Ft
  • 1949
  • Year Built

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