---
listing_id: CRSB25239794
status: Active
price: 1666000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 4364
lot_acres: 
year_built: 1949
property_type: Residential Income
property_subtype: 
address: "2045 Penmar Ave"
city: Venice
state: CA
zip: 90291
county: "Los Angeles County"
lat: 33.9990171
lng: -118.4545071
days_on_market: 191
hoa_fee: 
hoa_frequency: 
garage_spaces: 2
list_agent: "Cameron Samimi"
list_office: "Lyon Stahl Investment Real Estate, Inc."
list_agent_phone: "–"
list_agent_license: 02035763
mls_source: CRMLS
modified: 2026-04-17
transaction_type: buy
---

Home | Los Angeles County | Venice | 90291 | 2045 Penmar Ave

2045 Penmar Ave, Venice, CA 90291

MLS: CRSB25239794 | Status: Active | Price: $1,666,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
4,364 1949

Remarks

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.

MLS Listing Information

Field Value
MLS # CRSB25239794
MLS Source California Regional MLS
Days on Site 191

Features

Interior Features

Feature Details
Cooling Other

Exterior Features

Feature Details
Pool None

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 2 Car(s)
HOA Fee $0

Contact Information

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

Property Units

# Buildings # Leased Units # Total Units
1 4

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Broadway Elementary School public K-5 0.41 mi 9
Walgrove Avenue Elementary School public K-5 0.46 mi 5
Venice Senior High School public 9-12 0.55 mi 8
Mark Twain Middle School and World Languages Magnet public 6-8 0.59 mi 8
Coeur D'Alene Avenue Elementary School public K-5 0.62 mi 10
Beethoven Street Elementary School public K-5 0.68 mi 8
Phoenix Continuation School public 9-12 0.79 mi 3
Venice Skills Center public UG 1.07 mi N/A
Westminster Avenue Elementary School public K-5 1.13 mi 7
John Adams Middle School public 6-8 1.31 mi 6
Will Rogers Elementary School public K-5 1.32 mi 7
James J. Mcbride Special Education Center public 6-12 1.37 mi N/A
Short Avenue Elementary School public K-5 1.41 mi 10
Santa Monica-Malibu Adult public UG 1.43 mi N/A
Grand View Boulevard Elementary School public K-5 1.44 mi 8
Olympic High (Continuation) School public 9-12 1.45 mi 5
Grant Elementary School public K-5 1.47 mi 7
Westside Global Awareness Magnet public K-8 1.50 mi 5
John Muir Elementary School public K-5 1.56 mi N/A
Santa Monica Alternative (K-8) School public K-8 1.58 mi 9

Nearby Homes

Address Price Beds Baths Sq Ft Status
3315 Strongs Dr $1,950,000 Contingent
12314 Washington Pl $1,630,000 Active
12320 Washington Pl $1,790,000 Active
1920 Canal St $1,595,000 Active

Disclosures

©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Cameron Samimi.