924 Marco Place Venice, CA ^$ 3,100,000

924 Marco Place

^$ 3,100,000

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924 Marco Place

Venice, CA, 90291

^$ 3,100,000

Studio Baths0.0 Sq 3,564

Monthly Estimate*

^$ 20,604

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Studio

Multi-Family Home for sale in Venice, CA

for $3,100,000. This 3,564 square foot home was built in 1925 on a lot size of 0.17.

Price Adjustment and Seller will finance with 30% down payment and below market interest rate! Lee & Associates Apartment Advisors is pleased to present Marco Circle apartments located in Venice, CA. First time on the market in 40 years! The property is situated on the world-famous Walk Streets of Venice, and is the only apartment property located on the idyllic Millwood-Venice walk streets. The 3,564 SF property is comprised of three duplex buildings of four x one bedroom/one bath bungalows, and two x two bedroom/one bath apartments. The property is situated on a 7,201 SF R2 Parcel. Soft Story retrofit work has been completed, and two recently leased units have been renovated. Subject to city of Los Angeles RSO. One unit is vacant. Across from recently constructed architectural single family homes. Please do not disturb tenants or walk on property. Please contact listing agents for more information.

Multi-Family Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1925

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0024351903

Features

General

Heating Wall Furnace

Zoning LAR2

Year Built 1925

Levels Two

County Los Angeles

Net Operating Income 95663.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Venice

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 7203.0

Street Name Marco

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Gated

Lot Size Area 7203.0

Foundation Details None

Building Area Total 3564.0

Lot Dimensions 80x90

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Place

Total Baths 0

* Excluded Features

List By

Robert Leveen

Listing Agent

Robert Leveen

Broker

Affordability Calculator

$20,604

Per Month

Monthly Principal & Interest: $20,604
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Venice, CA

Average List Price ^$2,851,374

Percent of Sale Price 8%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2024	$3,100,000	-11.43%	Price Down
1/30/2024	$3,500,000		Listed Price

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924 Marco Place, Venice, CA, 90291 is a Multi-Family Home for sale at $3,100,000 with 3,564 sqft and a lot size of 0.17. 924 Marco Place is a studio with 0.0 baths and was built in 1925. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/13/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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924 Marco Place

Multi-Family Home for sale in Venice, CA

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