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 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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49366598
Sell a home like this and save $104,966 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1949
- Building Area Total: 1,870
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1002
- Lot Size Source: Assessor
- Lot Size Square Feet: 4364
-
Listing Information
Listing Price Information
- Original List Price: 1,757,757
- Listing Contract Date: 2025-04-13
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4242005015
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C11 - Venice
- Directions: 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.
- Zoning: LARD2
- Source Property Type: Residential Income
- Area: C11 - Venice
- Property SubType: Quadruplex
Building and Construction
- Property Age: 76
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 04/21/2025 @ 11:26
- MLS: SB25081434
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,870 sqft, 4,364 sized lot, and 2 parking. are nearby neighborhoods.