Skip To Content

312-1/2 Market St

Venice, CA 90291
  • $1,895,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 22-225737
UPDATED: 14 min ago
$1,895,000
  • 4
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,960
    SQFT
  • $967
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1938
County:
Area:

School Ratings & Info

Description

Price Reduced by 100k! Excellent Owner-User Duplex or investment opportunity in the heart of Silicon Beach. Each level offers a Spacious 2 Bedroom 1 Bathroom unit with laundry inside as well as a cute backyard, double car garage, and storage area. Located West of Abbot Kinney within walking distance of everything Venice has to offer. The building is well-kept, charming, and full of character. The property offers a private and quaint backyard/courtyard perfect for outdoor gatherings. Incredible Proforma Cap Rate of 4.8% & GRM of 15.8 for a long-term investor looking for appreciation and current steady income. Both units are individually metered for Gas & Electricity. The detached garage features 2 parking spaces as well as a storage area that can be used as an office or gym as well. The seller has preliminary plans to add 2 Detached ADUs in the back for future upside. The property is steps away from the Beach, all the fine Shopping & Dining on Abbot Kinney, and is central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-01-29T09:42:49.603. 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.
www.realestatetoolbox.com/homes/135469861
Print Image

312-1/2 Market St Venice, CA 90291

  • Price: $1,895,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 14 min ago
  • ID#: 22-225737
4
Beds
2
Baths
0
½ Baths
0.07
Acres
1,960
SQFT
$967
$/SQFT
1938
Built
Neighborhood:
Venice
County:
Los Angeles
Area:
Venice
Property Description
Price Reduced by 100k! Excellent Owner-User Duplex or investment opportunity in the heart of Silicon Beach. Each level offers a Spacious 2 Bedroom 1 Bathroom unit with laundry inside as well as a cute backyard, double car garage, and storage area. Located West of Abbot Kinney within walking distance of everything Venice has to offer. The building is well-kept, charming, and full of character. The property offers a private and quaint backyard/courtyard perfect for outdoor gatherings. Incredible Proforma Cap Rate of 4.8% & GRM of 15.8 for a long-term investor looking for appreciation and current steady income. Both units are individually metered for Gas & Electricity. The detached garage features 2 parking spaces as well as a storage area that can be used as an office or gym as well. The seller has preliminary plans to add 2 Detached ADUs in the back for future upside. The property is steps away from the Beach, all the fine Shopping & Dining on Abbot Kinney, and is central to daily errands, including Erewhon Market, the weekly Venice Farmers Market, and Costco.
Exterior Features

Building Type Attached Lot Size Area 2848 Other Structures None Parking Garage Attached Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Total Parking 0 View Description None View YN No

Interior Features

Baths Total 2.00 Common Walls Attached Cooling Ceiling Fan Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Laminate Furnished Unfurnished Heating Wall Electric Laundry In Unit One Quarter Baths 0 Rooms Dining AreaLiving Room

Property Features

Hoa Yn No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Armin Soleimani DRE#01846872 of Global Platinum Properties, Inc.: 818-524-0706.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-01-29T09:42:49.603. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-225737-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-225737-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-225737-2.jpg
Logo
Real Estate Toolbox | EXP Realty
1720 E. Los Angeles Ave, Suite # F
Simi Valley CA, 93065