Description:

1134 Marco Place is a four-unit multifamily asset consisting of four one bedroom/one bathroom apartments. It sits on a 4,367-square-foot lot and the four units comprise 1,870-square-feet. The building sits on the corner of Marco Place and Penmar Avenue with a nice mix of residential homes and apartments. The building has two garages as well as a driveway allowing for two more cars to park. The location also provides for ample street parking around the building. With current rents around fifty percent below the market, a new investor could stabilize the asset and own in the very desirable Venice market.
• Motivated Seller - Willing to Co-Op with any Buyer Interested in Engaging in a Cash for Keys Scenario in Escrow
• Flexible Pricing
• Peaceful Penmar Neighborhood, Steps from the Penmar Golf Course
• Ample Parking
• Close To Restaurants, Cafes, Stores & More
• Ten Minutes from the Beach
• Lush Landscaping for Tenant Privacy

Presented by:

Glenda  Keeney-Gibson

Director

(480) 629-5300

(602) 622-0818

Click here to email

Listed by:

Keller Williams Santa Monica

KW Commercial - Santa Monica