CA > Venice (los Angeles)
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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$1,699,000
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1,870 SqFt
Active

2045 Penmar Avenue Venice (los Angeles), CA 90291

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,870 sqft

Price per Sqft $908

MLS Listing ID CRSB25239794

HOA Y/N No

Year Built 1949

Lot Size 4,364 Sqft

Property Sub-Type Quadruplex

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 Other

Fireplace No

Laundry Common Area

Exterior

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Building

Lot Description Corner Lot, Other, Back Yard, Garden, Landscaped

Bay East Association of Realtors
© 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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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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