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2478 Penmar Ave, Venice, CA 90291
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2478 Penmar Ave Venice, CA 90291

$4,158,000
  • 4 Beds
  • 4 Baths
  • 4,141 Sq.Ft.
For Sale
$4,158,000 Get Pre-Qualified
Map preview of 2478 Penmar Ave, Venice, CA 90291

Property Overview: 2478 Penmar Ave Venice, CA has 4 bedrooms, 4 bathrooms, 4,141 living square feet and 3,124 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Assumable loan at 4.99% interest. Introducing 2478 1/2 Penmar Avenue, a luxury single family home with built-in smart home features located in Silicon Beach. 2478 1/2 Penmar is approximately 4,141sf. This home has 4 bedrooms & 4 baths while being uniquely designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront, and Marina Del Rey. Mother-in-Law Suite in the first floor has spacious walk-in closet and private full bathroom. The large second floor living and dining area leads to an outdoor courtyard that brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity, and earthy luxuriance. The third floor includes the master room and 2 spacious bedrooms. The home has a private rooftop deck with hot tub for your enjoying the city lights view. Concrete heated floor throughout the entire house, white oak solid wood stairs, aluminum dual-panel and Low E & Argon gas energy-efficient windows keeping a constant temperature. The house features a 5-zone AC system, top-of-the-line appliances: Sub-Zero full size wine cellar, Sub-Zero refrigerator, and Wolf 6 burner gas range. It's a very prominent home in the prime location of Venice California. Assumable Loan at 4.99% Interest Only.

Listed by Johnney Zhang | BRE #01996880 | Primior Management Inc
Last checked: 9 minutes ago | Last updated: June 13th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
3,124
HOA Dues
$0/mo
Year built
2019
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
TR24120293
City
Venice
County
Los Angeles
Time on Site
13 days

Open Houses for 2478 Penmar Ave

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Property Details for 2478 Penmar Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment, Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room
Fireplace Information
  • Has Fireplace
  • Outside, Patio
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 3
  • Bonus Room, Exercise Room, Family Room, Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet, Wine Cellar
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Recessed Lighting, Storage
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Spa
  • Spa Features: Roof Top
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Enclosed Glass Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 4236004042
  • Year Built Source: Seller
  • Architectural Style: Modern
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Lincoln Blvd to Zanja St to Penmar
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Venice Agent

Sale History for 2478 Penmar Ave

Last sold for $1,283,500 on January 30th, 2015

  • June, 2024

  • Jun 12, 2024

    Date

    Active

    CRMLS: TR24120293

    $4,158,000

    Price

  • January, 2024

  • Jan 27, 2024

    Date

    Expired

    CRMLS: TR23200048

    $3,725,356

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: TR23200048

    $3,725,356

    Price

  • Listing provided courtesy of CRMLS

    Assumable loan at 4.99%!!! Introducing 2478 1/2 Penmar Avenue, a luxury single family home with built-in smart home features located in Silicon Beach. 2478 1/2 is approximately 4,141sf. This home has 4 bedrooms & 4 baths while being uniquely designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront, and Marina Del Rey. Mother-in-Law Suite in the first floor has spacious walking closet and individual bathroom. It can be as simple as a bedroom and private bath that has a individual door giving the suite privacy from the rest of the home. Large second floor is living and dining area that leads to outdoor courtyard brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity, and earthy luxuriance. The third floor includes master room and 2 spacious bedrooms. Spacious and private rooftop deck with hot tub for your enjoying the city light view. Concrete heated floor through the entire house, white oak solid wood stairs, aluminum dual-panel and Low E & Argon gas energy-efficient windows keeping a constant temperature longer. The house features radiant floor heat system concrete floor, a 5-zone AC system, top-of-the-line appliance: Sub-Zero full size wine cell, Sub-Zero refrigerator, and Wolf gas range. It's a very prominent home in the prime location of Venice California. Current rent to a corporate tenant for $16,874/mo. Can be purchased as income producing property or delivered vacant. Assumable Loan at 4.99% Interest Only.

  • June, 2023

  • Jun 15, 2023

    Date

    Canceled

    CRMLS: TR23087415

    $4,450,000

    Price

  • May 20, 2023

    Date

    Active

    CRMLS: TR23087415

    $4,450,000

    Price

  • Listing provided courtesy of CRMLS

    Assumable Loan 4.99%. Interest Only. Introducing 2478 1/2 Penmar Ave, a captivating residence nestled in the vibrant community of Venice, California. This stunning property showcases the perfect blend of modern design and coastal charm, offering a unique opportunity for an exceptional real estate investment. Situated in one of Venice's most sought-after neighborhoods, this residence boasts an enviable location just moments away from the world-renowned Venice Beach and the bustling Abbot Kinney Boulevard. With an abundance of trendy restaurants, boutique shops, and art galleries at your doorstep, this property embodies the essence of California's coastal living. Spanning across 4,141 square feet, the home features 4 bedrooms and 4 bathrooms, providing ample space for comfortable living. Upon entering, you are greeted by an inviting open-concept floor plan that seamlessly integrates the living, dining, and kitchen areas. The interior design is an exquisite fusion of contemporary aesthetics and timeless elegance, with high-end finishes and meticulous attention to detail evident throughout. The primary suite is a true retreat, featuring a luxurious en-suite bathroom, a generous walk-in closet, and large windows that fill the room with natural light. The additional bedrooms are equally impressive, offering comfort and privacy for family members or guests. Step outside into the beautifully landscaped backyard, where you'll find a private oasis perfect for unwinding or entertaining. The meticulously manicured gardens, coupled with a serene patio area, create a seamless indoor-outdoor living experience. Whether you're hosting a summer barbecue on the roof top or simply enjoying a morning cup of coffee, this outdoor space provides the perfect backdrop for California living. The property includes a two-car garage, ample storage space, and energy-efficient features, ensuring comfort and sustainability. With its unrivaled location in the heart of Venice and its exceptional design and amenities, 2478 1/2 Penmar Ave presents an unparalleled opportunity for those seeking the ultimate California coastal lifestyle. Don't miss out on the chance to make this remarkable property your own and experience the epitome of West Coast living. Note: Part of portfolio sale with 2478 Penmar. Current Tenant Lease runs until March 2025.

  • January, 2022

  • Jan 1, 2022

    Date

    Expired

    CRMLS: TR21241165

    $4,199,000

    Price

  • Nov 2, 2021

    Date

    Active

    CRMLS: TR21241165

    $4,199,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home recently completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 3600 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the city lights view. PS:One of two investment property portfolios for sale. Both properties include 2478 & 2478 1/2 Penmar can also be purchased together. Prime investment opportunity, built-in 2019, 100% leased to a corporate tenant with a long-term lease, 3% annual increase. The tenant is responsible for all maintenance, minimal overhead, and management needed. Properties are sold AS-IS.

  • September, 2021

  • Sep 10, 2021

    Date

    Price Change

    CRMLS: TR21199720

    $4,199,000

    Price

  • Sep 9, 2021

    Date

    Active

    CRMLS: TR21199720

    $4,225,300

    Price

  • Listing provided courtesy of CRMLS

    One of two investment property portfolios for sale. Both properties include 2478 & 2478 1/2 Penmar can also be purchased together. Prime investment opportunity, built-in 2019, 100% leased to a corporate tenant with a long-term lease, 3% annual increase. The tenant is responsible for all maintenance, minimal overhead, and management needed. Properties are sold AS-IS.

  • September, 2021

  • Sep 10, 2021

    Date

    Canceled

    CRMLS: TR21194265

    $8,990,000

    Price

  • Sep 2, 2021

    Date

    Active

    CRMLS: TR21194265

    $8,990,000

    Price

  • Listing provided courtesy of CRMLS

    This listing is for both 2478 & 2478 1/2 Penmar Ave. combined. Both units available individually as well, please see individual listings. Prime investment opportunity, built-in 2019, 100% leased to a corporate tenant with a long-term lease, 3% annual increase. The tenant is responsible for all maintenance, minimal overhead, and management needed.

  • February, 2020

  • Feb 6, 2020

    Date

    Canceled

    CRMLS: TR19221195

    $4,100,000

    Price

  • Sep 16, 2019

    Date

    Active

    CRMLS: TR19221195

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home recently completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 4100 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the city lights view.

  • January, 2020

  • Jan 17, 2020

    Date

    Expired

    CRMLS: TR19169538

    $14,500

    Price

  • Jan 10, 2020

    Date

    Pending

    CRMLS: TR19169538

    $14,500

    Price

  • Dec 7, 2019

    Date

    Price Change

    CRMLS: TR19169538

    $14,500

    Price

  • Oct 18, 2019

    Date

    Price Change

    CRMLS: TR19169538

    $16,999

    Price

  • Aug 7, 2019

    Date

    Price Change

    CRMLS: TR19169538

    $19,000

    Price

  • Aug 7, 2019

    Date

    Price Change

    CRMLS: TR19169538

    $20,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: TR19169538

    $19,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home recently completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 3600 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the city lights view.

  • August, 2019

  • Aug 23, 2019

    Date

    Canceled

    CRMLS: TR19186945

    $3,995,000

    Price

  • Aug 22, 2019

    Date

    Price Change

    CRMLS: TR19186945

    $3,995,000

    Price

  • Aug 12, 2019

    Date

    Price Change

    CRMLS: TR19186945

    $3,275,000

    Price

  • Aug 6, 2019

    Date

    Price Change

    CRMLS: TR19186945

    $3,950,000

    Price

  • Aug 6, 2019

    Date

    Active

    CRMLS: TR19186945

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home recently completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 4100 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the city lights view.

  • July, 2019

  • Jul 17, 2019

    Date

    Canceled

    CRMLS: TR19098510

    $2,950,000

    Price

  • Jul 16, 2019

    Date

    Withdrawn

    CRMLS: TR19098510

    $2,950,000

    Price

  • Jul 2, 2019

    Date

    Price Change

    CRMLS: TR19098510

    $2,950,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: TR19098510

    $3,495,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home recently completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 3600 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the city lights view.

  • April, 2019

  • Apr 29, 2019

    Date

    Canceled

    CRMLS: 19441494

    $3,595,000

    Price

  • Mar 7, 2019

    Date

    Active

    CRMLS: 19441494

    $3,595,000

    Price

  • Listing provided courtesy of CRMLS

    Incomparable brand new modern home just completed in Venice! Smart home features throughout, this property is the ideal lifestyle for the Silicon Beach buyer. Boasting over 3600 sqft, the house includes 4 bedrooms 3.5 baths designed for indoor/outdoor living and entertaining. Just 5 minutes away from Abbot Kinney and Venice beachfront, enjoy all the exciting lifestyle Venice has to offer! First floor enters to a spacious in-Law Suite complete with a walk in closet and private bathroom. This could be the perfect entertainment/theater room. Second floor is complete with a beautiful open kitchen, living and dining area surrounding outdoor corridor to encompass a sophisticated indoor/outdoor modern lifestyle. Third floor with gorgeous master bedroom, amazing bathroom amenities, and 2 spacious bedrooms with a shared bath. Fourth floor consists of a private rooftop deck complete with a hot tub for your enjoyment of the the city light view.

  • February, 2019

  • Feb 11, 2019

    Date

    Expired

    CRMLS: TR18289725

    $3,950,000

    Price

  • Dec 12, 2018

    Date

    Active

    CRMLS: TR18289725

    $3,950,000

    Price

  • Listing provided courtesy of CRMLS

    New construction and luxury single residential house built in smart home features located at Silicon Beach. The house has 4 bedrooms 3.5 baths over 3,600 sqft size designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront, and Maria Del Ray. Mother-in-Law Suite in the first floor has spacious walking closet and individual bathroom. It can be as simple as a bedroom and private bath that has a individual door giving the suite privacy from the rest of the home. Large second floor is living and dining area that leads to outdoor courtyard brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity, and earthy luxuriance. The third floor includes master room and 2 spacious bedrooms. Spacious and private rooftop deck with hot tub for your enjoying the city light view. Concrete floor through the entire house, white oak solid wood stairs, aluminum dual-panel and Low E & Argon gas energy-efficient windows keeping a constant temperature longer. The house features radiant floor heat system concrete floor, 5-zone AC system, top-of-the-line appliance: Sub-Zero full size wine cell, Sub-Zero refrigerator and Wolf gas range. It's a very pronominal house in the prime location of Venice California.

  • January, 2015

  • Jan 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,283,500

    Price

  • July, 2013

  • Jul 22, 2013

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

Show More

Tax History for 2478 Penmar Ave

Assessed Value (2020): $1,403,640
Year Land Value Improved Value Assessed Value
2020 $737,368 $666,272 $1,403,640

Home Value Compared to the Market

This property vs the competition

2478 Penmar Ave is listed 73.25% higher than the median list price for the city of Venice which has a median list price of $2,400,000. The median price per/sqft for Venice is $1,226 and this home is listed at $1004.11 per/sqft which puts the price per square foot 18.1% lower than the median price per square foot for the city of Venice.

About 2478 Penmar Ave

Detailed summary of property

2478 Penmar Ave is a single family home located in Venice, CA 90291 and is currently for sale. This house offers 4 bedrooms, 4 bathrooms, roughly 4,141 living square feet, and sits on an approximately 3,124 square foot lot. 2478 Penmar Ave was first listed on ArdentRealEstateGroup.com on June 12, 2024. The homeowner is currently asking $4,158,000. The median priced home in Venice is $2,400,000 with a median price per square foot of $1,226. Based on Ardent Real Estate Group's Venice Market Data, this home is listed 73.25% higher than the median priced home. Local competing homes currently for sale include 3985 Mclaughlin Ave, 3646 Corinth Ave and 1912 Federal Ave. While the average home in Venice, CA is selling in 98 days, 2478 Penmar Ave has a days on market of 13 days. There are currently 177 homes for sale in the Venice real estate market and 152 of them are single family homes while 16 of them are condos and 9 are townhomes. For more information on this home for sale at 2478 Penmar Ave Venice, CA 90291 contact Ardent Real Estate Group and we will put you in touch with one of our Venice agents.

Public Facts for 2478 Penmar Ave

Public county record property details
Beds
4
Baths
4
Year built
2018
Sq. Ft.
4,141
Lot Size
--
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
4236-004-042

The source for these homes facts are from public records.

90291 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,425,000
Median List Price/Sq.Ft.
$1,249
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$1,188
Total Inventory
170
Median Sale to List Price %
90.68%
Avg Days on Market
25
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (23.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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