$1,399,000

122 Thornton Place Venice, CA 90291

Venice Neighborhood

Estimated payment $8,681/month

Total Views 134
2 Beds
2 Baths
960 Sq Ft
$1,457 Price per Sq Ft

Highlights

  • Oceanside
  • Midcentury Modern Architecture
  • Wood Flooring
  • Venice High School Rated A
  • Deck
  • Quartz Countertops

About This Home

This is what you have been looking and waiting for. Here you will find an updated and private Mid-Century Beach Bungalow duplex on a street-to-street lot, delivered completely vacant. Sit back and relax in the Adirondack chairs and feel the ocean breeze as you plan your next outing. Catch the surf or sand of Venice Beach, or dine and shop on Abbot Kinney. Whatever your vibe, this property has it. Each unit features 1 bedroom and 1 bath, and both are bathed in natural light. This property is perfect to completely owner-occupy while you decide on future development plans, or live in one unit and collect income from the other unit, or rent out both units. Perhaps envision converting the duplex into a single-family home (buyer to investigate). Sound interesting? Another idea to meditate on is adding a second story to the home/duplex, which other nearby properties have done to create even more space. The possibilities are endless with this superior offering in the heart of Venice Beach. Wake up each morning and stroll over to Gjusta for coffee or breakfast. Summer weekends are packed with the Venice Art Crawl and, at the end of summer, the Abbot Kinney Festival. The front unit is behind a fence with low-maintenance Trex-type decking and a large storage unit. Inside, you will find that this unit has just completed a total renovation featuring new vinyl plank flooring, kitchen cabinets, quartz countertops, and a black sink. The updated bathroom includes a new vanity and a large tiled walk-in shower. The charming rear unit includes wood floors, tiled kitchen counters, a refrigerator, range, and dishwasher. In the bedroom, you will find high beamed ceilings and French doors that lead to a private patio. Parking for two cars is located at the back of the building. The final flourish is an exciting new chapter is taking shape with the highly anticipated Metro on Main development. Representing a $315 million investment, this thoughtfully designed mixed-use community will transform the former Pacific Electric railway's Ocean Park Car House site into a vibrant destination for living, shopping, and gathering. The development will feature approximately 30,000 square feet of ground-floor retail and commercial space along Main Street, complemented by 341 rental residences. A diverse collection of lofts, townhomes, and apartments will create a dynamic residential community, while dedicated community spaces and parking add to the convenience and appeal of this thoughtfully planned destination. Explore your inner bohemian, creative, artist, or surfer here. This property has all that you could wantlet your beach home dreams come true!

Listing Agent

Monique Carrabba

Compass License #01708376 Listed on: 09/11/2026

Compass

Co-Listing Agent

Joe Carrabba

Compass License #01791624

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 1,825 Sq Ft Lot
  • Gated Home

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • French Doors
  • Living Room
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower
  • Low Flow Shower
  • Linen Closet In Bathroom

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Oceanside
  • Deck
  • Open Patio
  • Shed
  • Rain Gutters
  • Front Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4286-015-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

1,825 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Living Room
  • Exclusions: Staging and all unattached outdoor items
  • Living Area: 960
  • Lot Acreage: 0.0419
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Recessed Lighting
  • Number Dishwasher: 1
  • Number Disposal: 2
  • Flooring: Hardwood, Tile, Vinyl Plank
  • Appliances: Gas/Electric Range, Microwave
  • Bedrooms: 2
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub, Tile, Remodeled, Shower Stall, Linen Closet
  • Kitchen Features: Tile Counters, Quartz Counters, Remodeled
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Built-Ins, Ceiling Fan
  • Inclusions: Tuff Shed
  • Price Per S Q F T: 1457.29
  • Windows: Window Blinds, Double Pane Windows

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: French Doors, Rain Gutters
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 2
  • Patio: Deck(s), Patio Open, Porch - Front, Porch - Rear
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Number Rented Garages: 0
  • Parking Garage: Driveway, Uncovered
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 0
  • Security: Gated, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 42.31
  • Assessed Improvement Value: 91800
  • Assessed Land Percent: 57.69
  • Assessed Land Value: 825180
  • Total Assessed Value: 916980
  • Assessor Parcel Number: 4286-015-009
  • Lot Description: Fenced, Exterior Security Lights, Sidewalks, Street Lighting
  • Lot Location: Ocean Side Of Highway 1
  • Lot Size Area: 1825

Rental Info

  • Number Leased: 0
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.90
  • Number Of Units: 2
  • Number Wall A C: 0
  • Rent Control: 100
  • Type Of Units: Duplex

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Los Angeles Unified

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,082 $935,319 $841,683 $93,636
2025 $11,082 $916,980 $825,180 $91,800
2024 $2,670 $207,545 $119,739 $87,806
2023 $2,624 $203,477 $117,392 $86,085
2022 $2,508 $199,489 $115,091 $84,398
2021 $2,471 $195,579 $112,835 $82,744
2019 $2,400 $189,781 $109,490 $80,291
2018 $2,362 $186,061 $107,344 $78,717
2016 $2,254 $178,838 $103,177 $75,661
2015 $2,222 $176,153 $101,628 $74,525
2014 $2,243 $172,704 $99,638 $73,066
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2026 09/11/26 For Sale $1,399,000 +55.6% $1,457 / Sq Ft
03/12/2024 03/12/24 Sold $899,000 -25.0% $936 / Sq Ft View Prior Sale
01/26/2024 01/26/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,199,000 -- $1,249 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $899,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $130,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $625,000 New Conventional
Closed $629,300 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26646461

The MLS

APN: 4286-015-009

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