2478 Penmar Ave, Venice, CA 90291 | For Sale

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For Sale $4,495,000 ($1,085.49 per Sq Ft)

$4,495,000 ($1,085.49 per Sq Ft)
  • (0)
  • 4 Bedrooms
  • 4.00 Bathrooms
  • 4,141 Sq Ft
  • 3,124 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $4,495,000
Property Type Single Family Homes
Usable Sqft 4,141
Number of Stories 3 stories
Parking Spots 0 spots
Year Built 2019
Last Sold Unknown
Sold Price Unknown
APN # 4236004042
MLS # 25484911
Property ID 321199075
Lot Sqft 3,124
Zoning LARD1.5
Days on Market 39
Original List Price $4,495,000
Date Updated January 25, 2025
Date Created January 17, 2025
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Listing Provided By

Shelby Church an agent of RealiFi Realty, Inc.. Lic #02250389


© 2025 CARETS and TheMLS. All rights reserved. Based on information from CARETS as of January 25, 2025 The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



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