122 Thornton Place Venice, CA $ 1,399,000
122 Thornton Place
$ 1,399,000
Open House 10/3 2pm - 5pm
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122 Thornton Place

Venice, CA, 90291
$ 1,399,000
Bedrooms2 Baths1.0 Sq 960

Monthly Estimate*

$ 8,833

Listed by Monique Carrabba, Compass, monique@carrabbagroup.com
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Multi-Family Home for sale in Venice, CA

for $1,399,000 with 2 bedrooms and 1 full bath. This 960 square foot home was built in 1956 on a lot size of 0.0419.

This is what you have been looking and waiting for. Here you will find an updated and private Mid-Century Beach Bungalow duplex on a street-to-street lot, delivered completely vacant. Sit back and relax in the Adirondack chairs and feel the ocean breeze as you plan your next outing. Catch the surf or sand of Venice Beach, or dine and shop on Abbot Kinney. Whatever your vibe, this property has it. Each unit features 1 bedroom and 1 bath, and both are bathed in natural light. This property is perfect to completely owner-occupy while you decide on future development plans, or live in one unit and collect income from the other unit, or rent out both units. Perhaps envision converting the duplex into a single-family home (buyer to investigate). Sound interesting? Another idea to meditate on is adding a second story to the home/duplex, which other nearby properties have done to create even more space. The possibilities are endless with this superior offering in the heart of Venice Beach. Wake up each morning and stroll over to Gjusta for coffee or breakfast. Summer weekends are packed with the Venice Art Crawl and, at the end of summer, the Abbot Kinney Festival. The front unit is behind a fence with low-maintenance Trex-type decking and a large storage unit. Inside, you will find that this unit has just completed a total renovation featuring new vinyl plank flooring, kitchen cabinets, quartz countertops, and a black sink. The updated bathroom includes a new vanity and a large tiled walk-in shower. The charming rear unit includes wood floors, tiled kitchen counters, a refrigerator, range, and dishwasher. In the bedroom, you will find high beamed ceilings and French doors that lead to a private patio. Parking for two cars is located at the back of the building. The final flourish is an exciting new chapter is taking shape with the highly anticipated Metro on Main development. Representing a $315 million investment, this thoughtfully designed mixed-use community will transform the former Pacific Electric railway's Ocean Park Car House site into a vibrant destination for living, shopping, and gathering. The development will feature approximately 30,000 square feet of ground-floor retail and commercial space along Main Street, complemented by 341 rental residences. A diverse collection of lofts, townhomes, and apartments will create a dynamic residential community, while dedicated community spaces and parking add to the convenience and appeal of this thoughtfully planned destination. Explore your inner bohemian, creative, artist, or surfer here. This property has all that you could want. Let your beach home dreams come true!

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Open House

10/3/2026 2:00 PM - 5:00 PM
122 Thornton Place Venice, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,399,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0419

Year Built

1956

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

26646461

Days on Market

23

Features
General
Living Area 960
Sewer Other
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Appliances Dishwasher Disposal Gas Range Microwave Refrigerator
Zoning LARD1.5
Patio/Porch Features Rear Porch Deck Front Porch Open Patio
Architectural Style Mid-Century Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Gated Community Smoke Detector(s)
Construction Materials Stucco Wood Siding
Exclusions Staging and all unattached outdoor items
Year Built 1956
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Gross Income 78000
Community Features Gated
County Los Angeles
Net Operating Income 62016
New Construction false
Property Type Residential Income
HOA false
Other Structures Shed(s)
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional Private
Directions South of Main. Thornton Pl is a one way street and there is no parking in front. There are two parking spots for the building on Thornton Ct behind the building.
City Venice
Entry Location Living Room
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 2
Number Of Units Total 2
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 1825
Number of Units Leased 0
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Cap Rate 4.42
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Interior
Interior Amenities Beamed Ceilings Ceiling Fan(s) Recessed Lighting
Flooring Tile Wood
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Double Pane Windows
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features None
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Rain Gutters
Parking Features Driveway Uncovered
Water Source Public
Total Parking 2
Inclusions Tuff Shed
Lot Size Area 1825
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 960
Lot Size Acres 0.0419
Private Pool false
Lot Size Source Assessor
Door Features French Doors
Number of Separate Water Meters 0
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Monique Carrabba

Listing Agent

Compass

Broker

monique@carrabbagroup.com

Email

Affordability Calculator

$8,833
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$8,833
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2026$1,399,000 Listed Price

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122 Thornton Place, Venice, CA, 90291 is a Multi-Family Home for sale at $1,399,000 with 960 sqft and a lot size of 0.0419. 122 Thornton Place has 2 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 90291 which is in Venice, CA