1134 Marco Pl, Venice

Investment Highlights

Property Overview

This charming corner lot property presents a compelling 4-unit investment opportunity in a prime Venice location. Built in 1949, this well-maintained apartment building features 1,870 SF of living space on a 4,364 SF lot. 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. The property offers immediate upside for investors or owner-users, with two units delivered vacant at the close of escrow and potential for a third. Recent upgrades include a new roof, approximately 90% updated plumbing, and a shared laundry room. Additional amenities include two private backyards, two single-car garages with ADU potential, and three additional off-street parking spaces, a rare convenience in Venice. Its desirable location, just a short distance from Penmar Golf Course, popular cafes, restaurants, fitness studios, and top-rated schools, ensures strong, consistent rental income and long-term appreciation potential. This property is an excellent opportunity for those seeking a valuable asset in a high-demand area.