Venice (los Angeles), CA 90291,2045 Penmar Avenue
Venice (los Angeles), CA 90291,2045 Penmar Avenue
Venice (los Angeles), CA 90291,2045 Penmar Avenue
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$1,699,000
Est. payment /mo
4 Beds
4 Baths
1,870 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,870 sqft

Price per Sqft $908

MLS Listing ID CRSB25239782

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1949

Lot Size 4,364 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property Description

3 out of 4 Units will be delivered VACANT! Charming 4-Unit Investment Opportunity in Prime Venice Location Built in 1949, this well-maintained 4-unit apartment building sits on a 4,364 sq ft lot and offers a total of 1,870 sq ft of living space. Each unit is a 1-bedroom, 1-bath, ideally situated on a quiet, tree-lined street in one of Venice's most sought-after residential neighborhoods. Presenting immediate upside for investors or owner-users will operate at 5.22% CAP & 13.31 GRM. Recent upgrades include a new roof, approximately 90% updated plumbing, and a shared laundry room. The property also boasts two private backyards, two single-car garages with ADU potential, and three additional off-street parking spaces-a rare convenience in Venice. Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.

Location

State CA

County Los Angeles

Interior

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry Other

Exterior

Garage Spaces 2.0

Pool None

Amenities Available Park

View Other

Private Pool false

Building

Lot Description Corner Lot, Other, Back Yard, Landscaped

Story 2

Water Public

Schools

School District Santa Monica-Malibu Unified


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Altie Schmitt

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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