See Home Value
$4,209,041*
House - Off Market

927 MARCO PL

VENICE, CA 90291
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2604 Sqft
$3,497,000 - $4,273,000
Reference Base Price*
8.34%
Since Dec 1, 2022
CA-Los Angeles
Primary Model
Refi Jul 12, 2022
Transfer
$2,200,000 by First Republic Bank
Mortgage Due Aug 01, 2052

About This Property

Introducing 927 Marco, designed by Joan Behnke and Abramson Architects, this bespoke architectural modern masterpiece is nestled within the most coveted streets of Venice - The Walk Streets. A rare opportunity awaits in this newly constructed 3-bed/4-bath pool home, which exudes the Venice lifestyle through its seamless indoor/outdoor connection. Every inch of the home showcases the unprecedented amount of attention to detail, quality, and functionality. Imbued with Scandinavian-and Japanese-inspired modernist touches, this newly constructed residence balances minimalism with classic California warmth, juxtaposing textured charred and bleached woods with matte, smooth modern materials.This refined residence is made for modern life with an open plan kitchen, a living and dining space that flows to the outdoor deck and sparkling pool & jacuzzi (a rare find on the walk streets), with outdoor Seura Television for watching movies or the game, either poolside or on the roof deck. High-end finishes and fixtures abound throughout including state-of the-art Miele appliances and steam oven, built-in wine cooler & coffee system, extensive Waterstone kitchen faucet suite, Lifesource whole house water system, while upstairs you will find the perfectly appointed private suites, including the primary retreat and spa suite with Dornbracht plumbing fixtures and Thermasol Smart Steam Shower. There is also a roof deck for taking in picturesque sunsets views or just star gazing at night. All of this and just a short stroll to the best dining and shopping along Abbot Kinney as well as local favorites such as Gjelina, Erewon, and the Farmers market. Walk to the canals and beach or take a bike cruise through the nearby Marina. Come see why the is truly unique home is a must see!

The manager has listed the unit size as 2604 square feet.
Unit Size
2,604Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$1,492
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923

Price History

Date / Event Date Event Price
Nov 17, 2022 No longer available -
No longer available
Nov 3, 2022 In contract -
In contract
Oct 18, 2022 Price Decreased $3,885,000
↓ $265K (6.4%)
Price Decreased
Sep 23, 2022 Price Decreased $4,150,000
↓ $130K (3%)
Price Decreased
May 21, 2022 Price Decreased $4,280,000
↓ $615K (12.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,601
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 400
  • Total Building Area: 688
  • Building Area: 688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VENICE ANNEX
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE ANNEX LOT/SEC 24 BLK/DIV/TWN 16

Ownership

  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 06, 2024

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273600

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 49-D3
  • Parcel: 4241-023-022
  • Block: 16
  • Lot: 24
  • Municipality: WEST /OAKW/CENT VEN
  • Latitude: 33.9953
  • Longitude: -118.458

    Address

  • Full Address: 927 Marco Pl
  • Address - House Number: 927
  • Address - Street Name: Marco
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Venice
  • Carrier Code: C041
  • 4-Digit Zip Code: 3919
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,294
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 67
  • Final Value: 2,835,274
  • High Value: 3,504,595
  • Low Value: 2,165,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,000,000
  • Assessed Land Value: $2,500,000
  • Assessed Improvements Value: $1,500,000



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
1,803 ft²
$1,772/ft²
$3,195,000 Sep 7, 2022
-
-
House
4 Beds
2.5 Baths
2,657 ft²
$1,654/ft²
$4,395,000 Oct 29, 2022
-
-
House
4 Beds
4.5 Baths
3,155 ft²
$1,013/ft²
$3,195,000 Nov 28, 2022
-
-
House
4 Beds
4.5 Baths
3,965 ft²
$1,008/ft²
$3,995,000 Jun 24, 2022
-
-
House
5 Beds
4.5 Baths
3,100 ft²
$1,065/ft²
$3,299,999 Oct 21, 2022
-
-
Multifamily
Stu
-
-
$3,950,000 Dec 2, 2022
-
-
Multifamily
9 Beds
-
-
$4,395,000 Dec 21, 2022
-
-
Commercial
Loft
-
-
$3,500,000 Jul 7, 2022
-
-
Multifamily
14 Beds
-
-
$3,295,000 Oct 27, 2022
-
-

About West Los Angeles


Similar Homes for Sale

Unit for sale at 656 Indiana Avenue,  90291

$3,295,000

  • 14 Beds
656 Indiana Avenue, 90291 Listing by James Scott Suarez
Unit for sale at 1648 Abbot Kinney Boulevard,  90291

$3,500,000

  • Commercial
1648 Abbot Kinney Boulevard, 90291 Listing by Diana Braun
Unit for sale at 1176 Nelrose Avenue,  90291

$4,395,000

  • 9 Beds
1176 Nelrose Avenue, 90291 Listing by John Swartz

Nearby Rentals

Unit for rent at 4141 Glencoe Ave, Marina Del Rey, CA, 90292

$6,500 /mo

  • 1 Bed
  • 2 Baths
  • 1,560 ft²
4141 Glencoe Ave #512, Marina Del Rey, CA, 90292 Listing by Tamra (Tami) Pardee
Unit for rent at 3113 Virginia Ave, Santa Monica, CA, 90404

$6,875 /mo

  • 2 Beds
  • 2 Baths
  • 1,747 ft²
3113 Virginia Ave, Santa Monica, CA, 90404 Listing by Alex Flynn
Unit for rent at 23 Ironsides St, Marina Del Rey, CA, 90292

$6,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,650 ft²
23 Ironsides St, Marina Del Rey, CA, 90292 Listing by Hannah DelPonte


Frequently Asked Questions

When was property at 927 Marco Place built and last sold?
The property at 927 Marco Place was built in 1923 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 927 Marco Place is $3,868,775.
What are some comparable homes to 927 Marco Place?
There are currently no comparable homes to 927 Marco Place.

Quantcast