2209 Marian Place

Venice, CA 90291

$1,795,000
Price
4
Beds
2
Baths
1,440 Sq. Ft.
$1,247 / Sq. Ft.
1,440
Sq. Ft.
$1,247
per Sq. Ft.

Description

Welcome to "The Marian Duo", a rare opportunity to own a fully vacant duplex on a tree-lined street in prime Venice. Upon entry, you are introduced to two delightful storybook cottages that offer an ideal balance of style and function. Each unit showcases sunny living and dining areas, enhanced by classic Craftsman built-ins that add a touch of timeless elegance. Oversized eat-in kitchens invite casual dining and entertaining, while full baths and large, airy bedrooms ensure maximum comfort. Outdoor...Welcome to "The Marian Duo", a rare opportunity to own a fully vacant duplex on a tree-lined street in prime Venice. Upon entry, you are introduced to two delightful storybook cottages that offer an ideal balance of style and function. Each unit showcases sunny living and dining areas, enhanced by classic Craftsman built-ins that add a touch of timeless elegance. Oversized eat-in kitchens invite casual dining and entertaining, while full baths and large, airy bedrooms ensure maximum comfort. Outdoor spaces, including covered porches with artificial turf, create a seamless connection to the warm California weather, allowing for effortless indoor-outdoor living. The property features an extra-large 4 car garage with side-by-side parking at the rear, providing ample storage or parking. The garage can potentially be partially converted or fully converted or expanded upon through ADU provisions to create a third unit, Buyer to verify. With the units being fully vacant, 2209 Marian Place offers flexible options for its next owner. Buyers can choose to occupy one of the units and rent the other, capitalizing on Venice's lucrative rental market, or opt to rent both units out at market rates as a long-term investment opportunity. Just moments away from the bustling energy of Abbot Kinney, with its top-tier restaurants, eclectic shopping, and vibrant nightlife along with the Pacific Ocean and Santa Monica which is just a few minutes away. This is a rare find in Venice a property that combines location, charm, and flexibility. Don't miss your chance to own a piece of Venice's vibrant living, whether for personal enjoyment or as a smart real estate investment.
  1. Listed by Oliver Thornton • DRE #01969227 • Brokerage DRE #01834648 • Hollywood Estates
  2. Listed by RC Thornton • DRE #01266660 • Brokerage DRE #01834648 • Hollywood Estates

Property Details for 2209 Marian Place

Zoning
LAR3
Style
Craftsman
Parcel Number
4241033013
Total Units
2.0
Living Area
1440
Source Living Area
Vendor Enhanced
Area
Venice (C11)
Vacancy Rate
100

Open Houses

Sunday, Dec 22nd

1:00 PM - 4:00 PM

Public

LISTING UPDATED: 12/18/2024 10:11 AM

Property Details for 2209 Marian Place

StatusActive
MLS #24-462793
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.10 AC / 4,500 SF
CountyLos Angeles County

Building Information for 2209 Marian Place

Stories1Residences-Year Built1924Building Size-Lot Size0.10 AC / 4,500 SF

Property Information for 2209 Marian Place

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: .
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $144,000
  • Net Operating Income: $120,000.00
  • Gross Income: $144,000
  • Cap Rate: 6.69%
  • Gross Rent Multiplier: $12.47
  • Total Annual Expense: 24000
  • Tax Expense: $17,500
  • Insurance Expense: $5,000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1033
  • Lot Size Square Feet: 4500
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Microwave, Refrigerator, Range/Oven, Dishwasher
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $6,000.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $341,630.00
  • Assessed Improvement Percent: 21.44
  • Assessed Land Value: $1,251,610.00
  • Assessed Land Percent: 78.56
  • Assessed Total Value: $1,593,240.00

Property History for 2209 Marian Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2209 Marian Place

Taxable ValueLand$1,276,642Additions$348,462Total$1,625,104
Tax Record2024$19,725 ($1,644 / month)
Home Facts
Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtLot Size4,500 SqFtStyleDuplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN4241-033-013

Schools near 2209 Marian Place

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

Westminster Avenue Elementary School
PublicK to 5

Broadway Elementary School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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2209 Marian Place is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on November 15, 2024 by Hollywood Estates, it's currently listed at $1,795,000. It has been on the market for a total of 36 days and was last sold on October 15, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Walgrove Avenue Elementary School, Westminster Avenue Elementary School and Broadway Elementary School. 2209 Marian Place is a 4-bed, 2-bath, 1,440 sqft multi-family home built in 1924.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hollywood Estates, Oliver Thornton, DRE #01969227; Hollywood Estates, RC Thornton, DRE #01266660

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.