2478 1/2 Penmar Avenue
Venice, CA 90291
- 4 beds
- 4 baths
- 4,141 sqft
- 3,124 sqft lot
- $1,085 per sqft
- 2019 build
- – on site
Experience the ultimate in modern Venice living with this striking 4-bedroom, 3.5-bath new construction home, completed in 2019. Boasting an expansive 4,100 sq ft, this thoughtfully designed residence seamlessly blends contemporary style and sustainability. Concrete floors, steel framing, and energy-efficient solar set the tone for a bright, open-concept layout that invites natural light throughout. Entertain with ease in the spacious living areas or retreat to one of the sunlit courtyards for a moment of tranquility. A highlight of this home is the impressive rooftop deck, outfitted with a hot tub, where you can take in sweeping city views. Located just steps from Venice's trendiest shops, acclaimed dining, and the iconic beach, you'll be able to immerse yourself in the neighborhood's vibrant culture with ease. Flexible Ownership Options: The property currently has a tenant in place until April 2025, but can be delivered vacant for those seeking an immediate move-in or new tenant. Alternatively, if you're looking for an investment opportunity, the existing lease can remain in place, providing immediate rental income. Bonus Opportunity: A similar, slightly smaller property is also available (MLS# 25-484797). Both can be purchased together for $7.9M. A rare chance to expand your real estate portfolio in one of Los Angeles' most coveted neighborhoods. Don't miss this opportunity to own a piece of Venice's contemporary coastal lifestyle.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 21, 2025
•
MLS# 25484911 —
The Building
-
Year Built:2019
-
Year Built Source:Seller
-
New Construction:No
-
Architectural Style:Contemporary
-
Stories Total:3
-
Common Walls:No Common Walls
Interior
-
Features:Ceiling Fan(s)
-
Levels:Multi/Split, Three Or More
-
Living Area Source:Assessor
-
Fireplace:No
-
Fireplace:None
-
Laundry:Washer Included, Dryer Included, Stackable
-
Laundry:1
Room Dimensions
-
Living Area:4141.00
Location
-
Directions:From I-10 West: Exit Lincoln Blvd and head south. Turn right onto Palms Blvd, then left onto Penmar Ave. Property is on the left side of the street.
-
Latitude:33.99318100
-
Longitude:-118.44934400
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Zoning:LARD1.5
-
Lot Size Area:3124.0000
-
Lot Size Acres:0.0717
-
Lot Size SqFt:3124.00
-
Lot Size Source:Assessor
-
View:1
-
View:Courtyard, City Lights
-
Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
-
Total Bedrooms:4
Baths
-
Total Baths:4
-
Full & Three Quarter Baths:3
-
Full Baths:3
-
Half Baths:1
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:4236004042
Heating & Cooling
-
Heating:1
-
Heating:Central
-
Cooling:Yes
-
Cooling:Central Air
Appliances
-
Appliances:Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Water Purifier
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Spa:1
-
Private Pool:No
-
Spa Features:Above Ground
-
Assessments:No
Parking
-
Parking Spaces:2.00
-
Attached Garage:Yes
Monthly cost estimate
Asking price
$4,495,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$24,069
|
| Taxes | N/A |
| Insurance | $1,236 |
| Utilities | $188 See report |
| Total | $25,493/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/17/25
Jan 17, 2025
|
Listed / Active | CRMLS_CA | $4,495,000 | |
|
10/26/23
Oct 26, 2023
|
Listed / Active | CRMLS_CA | ||
|
5/20/23
May 20, 2023
|
Listed / Active | CRMLS_CA |
