Home | Los Angeles County | Venice | 90291 | 2045 Penmar Ave
MLS: CRSB25239782 | Status: Active | Price: $1,666,000
Beds/Baths: 4 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 4 | 4 | 1,870 | 4,364 | 1949 |
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 7.73% CAP & 11.15 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.
| Field | Value |
|---|---|
| MLS # | CRSB25239782 |
| MLS Source | California Regional MLS |
| Days on Site | 191 |
| Feature | Details |
|---|---|
| Fireplace | None |
| Laundry | Laundry Area |
| Cooling | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| Elementary District | Santa Monica-Malibu Unified |
| High School District | Santa Monica-Malibu Unified |
| HOA Fee | $0 |
| Zoning | LARD2 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Cameron Samimi | Molly First |
| Lyon Stahl Investment Real Estate, Inc. | Lyon Stahl Investment Real Estate, Inc. |
| License #: 02035763 | License #: 02065583 |
| Phone: – | Phone: (310) 913-2488 |
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This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Cameron Samimi.