2432 Penmar Avenue

Venice, CA 90291

$7,170,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

PROPERTY TOURS WILL BE HELD ON FEBRUARY 27TH CONTACT LISTING AGENT TO SCHEDULE. This is one of the first coliving investment opportunities in Los Angeles. 2432 Penmar is a 10,024 square foot luxury apartment building totaling 20 bedrooms in the heart of Venice. Situated just off Venice and Lincoln Blvd, and blocks away from Marina Del Rey, the tenants are provided with unlimited dining, shopping and entertainment options. Hop on your bike for a quick ride down to the beach, the iconic Abbot Kinney...

Amenities

Parking Included

Location

Listing Courtesy of Compass, Morgan McMullin, DRE #01716570; Compass, Shaya Braverman, DRE #01861842

Listing Agents

  1. Morgan McMullin

    Listing Agent

    Compass

    DRE #01716570

  2. Shaya Braverman

    Alternative Listing Agent

    Compass

    DRE #01861842

Building Information for 2432 Penmar Avenue

Stories4Residences-Year Built2019Building Size-Lot Size0.13 AC / 5,540 SF

Payment Calculator

$25,789 per month

30 year fixed, 3.51% Interest

Principal and Interest

$25,789

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 2432 Penmar Avenue

Property Features
    Interior Features
  • Total Units: 20.0
    Parking Info
  • Parking: Yes
  • Parking Features: Garage
Property / Structure Info
    Property / Structure Info
  • Parcel Number: 4236004007
  • Property Type: Residential Income
  • Stories Total: 4
  • Year Built: 2019
Community/Development / Location Info
    School/Location Info
  • Status: Active
  • Zip Code: 90291
  • Street Number Numeric: 2432.0
  • Street Name: PENMAR
  • Street Suffix: Avenue
  • County Or Parish: Los Angeles
  • Directions: Just west of Lincoln Blvd and south of Venice Blvd.
  • MLS Area Major: Venice (C11)
    Association Information
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Zoning: LARD1.5
    Income Details
  • Gross Income: $519,000
  • Gross Multiplier: 13.82
  • Gross Operating Income: $498,240
  • Net Operating Income: $312,675
Unit Information
    Multi-Unit Info
  • Number Of Buildings: 1
Land/Lot Info
    Land/Lot Info
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5540
  • Lot Size Units: Square Feet
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 7170000.0

Property History for 2432 Penmar Avenue

DateEvent & SourcePriceAppreciation
Feb 14, 2020

Listed (Active)

CRMLS #20554406

$7,170,000
May 15, 2019

Sold (Public Records)

Public Record #645003057

$5,400,000

+39.8% / yr

May 15, 2019

Sold

CRMLS #18383340

$5,400,000
DateEvent & SourcePrice
02/14/2020

Listed (Active)

CRMLS #20554406

$7,170,000
05/15/2019

Sold (Public Records)

Public Record #645003057

$5,400,000

+39.8% / yr

05/15/2019

Sold

CRMLS #18383340

$5,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2432 Penmar Avenue

Taxable ValueLand$1,484,643Additions$1,292,340Total$2,776,983
Tax Record2018$17,713
Home Facts
Beds12Finished Sq.Ft.10,024 SqFtLot Size6,036 SqFtStyleDuplexYear Built2018Year Renovated2018ZoningLARD1.5CountyLOS ANGELESAPN4236004007

Schools near 2432 Penmar Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St. Mark SchoolPrivateK-80.2 mi
NR
Phoenix Continuation SchoolPublic9-120.4 mi
NR
Venice Senior High SchoolPublic9-120.4 mi
7
Mark Twain Middle School and World Languages MagnetPublic6-80.4 mi
4

St. Mark School

K-8, 0.2 mi, Private

NR

Phoenix Continuation School

9-12, 0.4 mi, Public

NR

Venice Senior High School

9-12, 0.4 mi, Public

7

Mark Twain Middle School and World Languages Magnet

6-8, 0.4 mi, Public

4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Property Details for 2432 Penmar Avenue

StatusActive
MLS #20554406
Year Built2019
DOM47
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.13 AC / 5,540 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Contact Agent(s)

Venice
Home to a vibrant surfing and skate culture, Venice maintains an edgy coolness that has long attracted the city’s free spirits.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2432 Penmar Avenue is a multi-family home for sale in Venice, CA 90291. This property was listed for sale on February 14, 2020 by Compass at $7,170,000. It has been on the market for a total of 48 days and was last sold on May 15, 2019. Nearby schools include Mark Twain Middle School and World Languages Magnet, Teach Academy Of Technologies and Math, Science, & Technology Magnet Academy At Roosevelt High. 2432 Penmar Avenue is a 0-bed, 0-bath, multi-family home built in 2019.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Compass, Morgan McMullin, DRE #01716570; Compass, Shaya Braverman, DRE #01861842
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