312 Market Street

Venice, CA 90291

$1,925,000
Price
4
Beds
3
Baths
1,960 Sq. Ft.
$982 / Sq. Ft.
1,960
Sq. Ft.
$982
per Sq. Ft.

Description

Price Reduction! Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC...Price Reduction! Exciting opportunity to own a charming Venice Beach duplex with one unit delivered vacant! The renovated vacant unit offers a spacious 2 bedrooms 2 bathrooms layout, while the other unit features 2 bedrooms with 1 bathroom. The downstairs unit has been fully renovated with permits featuring a custom kitchen with modern cabinets, designer tiles, sleek matte black fixtures, new flooring, new windows, new recessed lighting, two full bathrooms with floating vanities, new mini-split HVAC air conditioning and heating system, in-unit laundry, and stainless steel appliances. The vacant unit comes with a private outdoor yard in the front and back as an ideal place to unwind at the end of the day with friends and family. The property features a full two car garage and storage area which can be used as an office, home gym, media room, game room, den/hangout area, or creative haven! Perfect for the discerning buyer looking for a great investment, or someone wanting to live in one unit, and collect passive income from the other. Just moments from Abbot Kinney and one of California's most beautiful beaches, this duplex offers the best of everything in vibrant and historical Venice, CA. The possibilities are endless, and the seller has preliminary plans to add 2 detached ADUs in the back of the property for added value and upside potential! Spend your days at the beach, shopping and dining on Abbot Kinney, and enjoy living the dream in the endless California summer.
  1. Listed by Meredith Gruszka • DRE #02013805 • Brokerage DRE #01421451 • Pardee Properties
  2. Listed by Tamra (Tami) Pardee • DRE #01421451 • Brokerage DRE #01421451 • Pardee Properties

Property Details for 312 Market Street

Zoning
LARD1.5
Style
Traditional
Parcel Number
4238008027
Total Units
2.0
Living Area
1960
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
50%

Location

Listing Courtesy of Pardee Properties, Meredith Gruszka, DRE #02013805; Pardee Properties, Tamra (Tami) Pardee, DRE #01421451
Add your commute
LISTING UPDATED: 04/25/2024 04:54 PM

Property Details for 312 Market Street

StatusActive
MLS #24-369481
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.07 AC / 2,848 SF
CountyLos Angeles County

Location

Listing Courtesy of Pardee Properties, Meredith Gruszka, DRE #02013805; Pardee Properties, Tamra (Tami) Pardee, DRE #01421451
Add your commute

Building Information for 312 Market Street

Stories2Residences-Year Built1938Building Size-Lot Size0.07 AC / 2,848 SF

Payment Calculator

$11,956 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,506

Property Taxes

$1,450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 Market Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Pets Allowed: Call
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • View: Yes
  • View Description: Tree Top
  • Direction Faces: North
Contract Info
Contract Info
  • Disclosures: As Is, Coastal Commission Restrictions, Coastal Zone, Listing Broker Advantage
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0654
  • Lot Size Square Feet: 2848
  • Lot Description: Fenced
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-18-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,405.80
  • Unit Actual Rent: $1,406.00
  • Unit Projected Rent: $1,406.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,995.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Wall AC: 2
  • Number Water Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $408,000.00
  • Assessed Improvement Percent: 28.57
  • Assessed Land Value: $1,020,000.00
  • Assessed Land Percent: 71.43
  • Assessed Total Value: $1,428,000.00

Property History for 312 Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 312 Market Street

Taxable ValueLand$1,020,000Additions$408,000Total$1,428,000
Tax Record2023$17,399 ($1,450 / month)
Home Facts
Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtLot Size2,848 SqFtStyleDuplexYear Built1938ZoningLARD1.5CountyLOS ANGELESAPN4238-008-027

Schools near 312 Market Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westminster Avenue Elementary School
PublicK to 5

Venice Senior High School
Public9 to 12

Animo Venice Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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312 Market Street is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on March 18, 2024 by Pardee Properties, it's currently listed at $1,925,000. It has been on the market for a total of 41 days and was last sold on October 29, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Westminster Avenue Elementary School, Mark Twain Middle School and World Languages Magnet and Venice Senior High School. 312 Market Street is a 4-bed, 3-bath, 1,960 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pardee Properties, Meredith Gruszka, DRE #02013805; Pardee Properties, Tamra (Tami) Pardee, DRE #01421451

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.