945 Marco Pl
Property in Milwood
Active
Open House: Sun Apr 2, 9AM - 12PM
38
Map
$3,750,000
$240K (6%)
3
Beds
–
Bath
–
Half Bath
–
Ft²
–
$/ft²
0.14
Acres
A rare and enchanting double-lot compound on the best Walk Street
in Venice! Enter into a magical and lush garden with enchanting art
installations by renowned artist, Ivotopia. Enjoy a soak in the
beautiful built-in hot tub under a majestic tree or relax by the
fountain. With 3 delightfully quintessential Venice bungalows,
multiple outdoor entertainment areas and a bonus rec-room, this
property is a serene retreat or an entertainer's dream come true. A
rare find in Venice with 4-car parking, this property offers many
options to be used as an income earning or single family compound.
This is an extraordinary opportunity not to be missed. *Can be
purchased with the duplex lot at 961 Marco Pl for a triple lot...
LISTING AGENT
Adam SeidPardee Properties[email protected]
Building Features
Driveway
Driveway
Parking
Detached GarageGated Parking
Price History
| Date/Event | Event | Price |
|---|---|---|
| Mar 22, 2023 Price Decreased | Price Decreased | $3,750,000 $240K (6%) |
| Feb 3, 2023 Listed by Pardee Properties | Listed by Pardee Properties | $3,990,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$74,940ExpensesPer Year
$0Operating ProfitPer Year
$74,940 Cap rate
2%Price Estimate
$4,343,000$3,787,500$3,232,000
20232024202520262027
Current Asking Price
$3,750,000
HopScore Market Price
$3,787,500
The current asking price is $37,500 below the HopScore market price.
Comparables
| Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
|---|---|---|---|---|---|
| Active | House | 3 | 3.5 | 3,148 ft² $1,350/ft² | $4,250,000 |
| Active | House | 4 | 4.5 | 3,252 ft² $1,115/ft² | $3,625,000 |
| Active | Multifamily | Stu | – | - | $3,250,000 |
| Active | House | 4 | 3.5 | 3,473 ft² $1,237/ft² | $4,295,000 |
| In Contract | Multifamily | 9 | – | - | $4,195,000 |
Payment Calculator
Building Info
Neighborhood
About Milwood
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