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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,699,000
Est. payment /mo
Active
2045 Penmar Avenue Venice (los Angeles), CA 90291
4 Beds
4 Baths
1,870 SqFt
UPDATED:
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
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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