$1,199,000
$76K PRICE DROP

Estimated payment $7,683/month

Total Views 4,943
2 Beds
2 Baths
1,105 Sq Ft
$1,085 Price per Sq Ft

Highlights

  • Open Floorplan
  • Neighborhood Views
  • Living Room
  • Venice High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

Vacant & Ready: Updated Duplex in Prime Mar Vista!

Investor alert—or anyone with an eye for opportunity! This updated duplex in red-hot Mar Vista is now vacant and ready to go, making it perfect for owner-users, income seekers, or those with bigger development dreams.

Each unit offers a thoughtfully upgraded space with 1 bedroom, 1 bath, and a private front patio to enjoy SoCal living year-round. Highlights include quartz countertops, laminate wood & tile flooring, mini-split A/C + heat, and a full suite of appliances: stove, fridge, dishwasher, washer/dryer—plus rain showers and touch-light medicine cabinets for a stylish, spa-like bathroom experience.

You'll also find tankless water heaters, 1 carport parking space per unit, and a shared storage shed for added convenience.

Tucked near Mar Vista Villa Healthcare and Wellness Center, you’re also minutes to Venice Beach, Marina del Rey, Santa Monica, Playa Vista, Culver City, and Century City—a location that makes sense on every level.

And yes, there's more: secure entry, easy 405 access, and a front yard that's just waiting for a weekend hang or some stylish outdoor staging.

Both units delivered vacant = full flexibility. Live in one, rent the other, or lease both at today's market rates.

Proximity perks? Think Bowlero nights, Grand View Farmer’s Market strolls, coffee at Alana’s, and bites at 310 Coffee—all just around the corner.

Opportunities like this don’t linger long—especially in this location. Call now to explore the potential.

Listing Agent

Ed Kaminsky

eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #00958114 Listed on: 05/05/2025

eXp Realty of California, Inc

Co-Listing Agent

Elise Howard

eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #02023206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,417

Year Built

  • Built in 1952

Lot Details

  • 2,502 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 8356
  • Assessor Parcel Number 4235029014
  • $225 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $275
  • Water Sewer Expense $1,000
  • New Taxes Expense $15,300
  • Operating Expense $17,575
  • Gross Income $67,200
  • Net Operating Income $49,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,417

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 599500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: LAR3
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4235029014
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1085.07
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • Other Structures: Shed(s), Storage
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Closet, In Kitchen, Stackable, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 275.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2502.00
  • Lot Size Acres: 0.0574

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 2502.0000 Square Feet
  • Net Operating Income: 49625.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 17575.00
  • Rent Control: Yes
  • Total Expenses: 17575.00

Tax Info

  • New Taxes Expense: 15300.00
  • Tax Census Tract: 2723.02
  • Tax Lot: 53
  • Tax Tract Number: 8356
  • TaxOtherAnnualAssessmentAmount: 225.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,417 $1,122,000 $897,600 $224,400
2024 $13,417 $1,100,000 $880,000 $220,000
2023 $11,663 $953,700 $749,700 $204,000
2022 $3,237 $258,501 $202,379 $56,122
2021 $3,191 $253,433 $198,411 $55,022
2019 $3,099 $245,918 $192,527 $53,391
2018 $3,068 $241,097 $188,752 $52,345
2016 $2,930 $231,736 $181,423 $50,313
2015 $2,889 $228,256 $178,698 $49,558
2014 $2,912 $223,786 $175,198 $48,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Price Changed $1,199,000 -6.0% $1,085 / Sq Ft
05/05/2025 05/05/25 For Sale $1,275,000 +15.9% $1,154 / Sq Ft
12/07/2023 12/07/23 Sold $1,100,000 -4.3% $995 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,150,000 +23.0% $1,041 / Sq Ft
01/20/2022 01/20/22 Sold $935,000 +1.1% $846 / Sq Ft
01/18/2022 01/18/22 For Sale $925,000 0.0% $837 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $925,000 -- $837 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed $935,000 Chicago Title
Individual Deed $175,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $794,750 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $240,000 Unknown
Previous Owner $170,757 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25097623

California Regional Multiple Listing Service (CRMLS)

APN: 4235-029-014