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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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

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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2045 Penmar Avenue