See Home Value
$1,796,000 - $2,194,000
House - Off Market

1062 Marco Pl

Venice, CA 90291
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1294 Sqft
Sold Mar 10, 2017
$1,510,000
$1,067,000 by Raymond James Bank Na
Mortgage Due Apr 01, 2051
Sold Sep 15, 2015
$2,080,000

About This Property

In the heart of the East of Lincoln neighborhood, known for its tree-lined streets, historic homes, and architectural gems, rests a charming 1925 Spanish bungalow. Masterfully reimagined by Jed Lind Interiors, the home beautifully fuses Parisian elegance with the grace of Spanish homes and relaxed California style, it's quiet luxury with a cozy vibe. Warm tones, coved ceilings, original details, hardwood flooring, and designer lighting from Friture Vertigo and Atelier De Troupe create a space that's both sophisticated and inviting. Interiors are bathed in natural light through dual paned windows and glass doors that open wide to let in ocean breezes. Nearby Erewhon, Whole Foods and artisan shops inspires culinary creativity in the chef's kitchen outfitted with stainless appliances, a Bertazzoni range, and quartz countertops. The homes flexibility is highlighted in the family room with a full length built-in couch and framed TV, yet the space is easily convertible back into the third bedroom for the evolving needs of its inhabitants. Adding to the home's appeal is the stylish bathroom with encaustic tile floors and wall mounted faucet. The thoughtfully designed exterior spaces expand the home's living areas and encourages outdoor living; from the rear deck under a steel pergola for coffee in the morning, to the secluded gardens for candle lit dinners and late night gatherings. The property boasts a flexible bonus room and a true 2-car garage, adding practicality to its charm. Located a stone's throw from world-renowned restaurants, cafes, bakeries, and pubs, as well as the eclectic shops and upscale galleries on Abbot Kinney, Rose Ave and Lincoln Blvd - the location can't be beat. The friendly neighbors and quiet residential area embodies the bohemian spirit, creative energy and laid back lifestyle of its people and businesses, avoiding the congestion typical of Venice's touristy locales. Happy neighbors bring home Superba baguettes and baked goods and parents with their kids on bikes is what passes by instead. This bungalow not only stands as a testament to stylish, versatile, relaxed living but also anchors itself in the vibrant community and lifestyle that Venice is celebrated for, in one of LA's most iconic neighborhoods. As if that's not enough Marco Place offers the ability to get out of your car (or give them up completely) and enjoy life, you've earned it!

The manager has listed the unit size as 1294 square feet.
Unit Size
1,294Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$1,542
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Apr 11, 2024 No longer available -
No longer available
Feb 20, 2024 Listed $1,995,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,268
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5385
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5385 LOT/SEC 51

Ownership

  • Current Owner : PORCH CHARLES DOUGLAS
  • Previous Owner : WILSHIRE INVESTMENT GROUP LLC
  • Owner Before Previous Owner: FIRST CITIZENS BANK & TRUST COMPANY

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273700

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D3
  • Subdivision Tract Number: 5385
  • Parcel: 4242-006-015
  • Lot: 51
  • Municipality: WEST /MAR VISTA/WALGR
  • Latitude: 33.9975
  • Longitude: -118.456

    Address

  • Full Address: 1062 Marco Pl
  • Address - House Number: 1062
  • Address - Street Name: Marco
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C070
  • 4-Digit Zip Code: 3936
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,524
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 2,218,742
  • High Value: 2,668,803
  • Low Value: 1,768,681

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,067,000
  • First Open Lien Mortgage Lender: RAYMOND JAMES BANK NA
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,067,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,684,430
  • Assessed Land Value: $1,572,880
  • Assessed Improvements Value: $111,550

    Sales

  • Current Sale Contract Date: Mar 03, 2017
  • Current Sale Recording Date: Mar 10, 2017
  • Current Sale Transaction ID: 1992478459
  • Current Sale Price: $1,510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0278522
  • Previous Sale Recording Date: Sep 15, 2015
  • Previous Sale Contract Date: Jun 25, 2015
  • Previous Sale Amount: $2,080,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Mar 10, 2017
  • First Mortgage Loan Amount: $1,132,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,508 ft²
$1,323/ft²
$1,995,000 Feb 9, 2024
-
-
House
3 Beds
2 Baths
1,400 ft²
$1,285/ft²
$1,799,000 Jan 23, 2024
-
-
House
3 Beds
1 Bath
1,029 ft²
$1,939/ft²
$1,995,000 Jan 2, 2024
-
-
House
3 Beds
1 Bath
1,020 ft²
$1,858/ft²
$1,895,000 Feb 20, 2024
-
-
House
2 Beds
2 Baths
860 ft²
$1,860/ft²
$1,600,000 Feb 14, 2024
-
-
House
2 Beds
1.5 Baths
720 ft²
$2,493/ft²
$1,795,000 Jan 23, 2024
-
-
House
2 Beds
1 Bath
864 ft²
$2,301/ft²
$1,988,000 Jan 22, 2024
-
-
House
4 Beds
3 Baths
-
$1,999,888 Nov 30, 2023
-
-
Townhouse
4 Beds
3 Baths
1,970 ft²
$857/ft²
$1,688,000 Jan 4, 2024
-
$500/mo
Other
Loft
-
1,139 ft²
$1,752/ft²
$1,995,000 Jun 16, 2023
-
-
House
3 Beds
1 Bath
-
$1,790,000 Jan 11, 2024
-
-
House
4 Beds
3 Baths
2,637 ft²
$832/ft²
$2,195,000 Jan 24, 2024
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 1062 Marco Place built and last sold?
The property at 1062 Marco Place was built in 1925 and last sold on Mar 3, 2017 for $1,510,000.
How much is this home worth?
The estimated value of the home located at 1062 Marco Place is $1,984,147.
What are some comparable homes to 1062 Marco Place?
Homes that are comparable to 1062 Marco Place include a house property at 3540 Ashwood Avenue, 1105 Indiana Avenue, 857 Rose Avenue.

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