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2432 PENMAR Avenue, Venice, CA 90291

Property Details

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2432 PENMAR Avenue
Venice, CA 90291

For Sale: $5,995,000

Property Type: Fourplex
MLS#: 18383340

  • Building Size: 10099 SF
  • Lot Size: 6036 SF
  • Number of Units: 4
  • Number of Stories: 4
  • Year Built: 2018
  • Days on market: 41
  • Net Operating Income: $288,425
  • Gross Scheduled Income: $380,977
  • Rent Control: No
  • GRM: 15.70
  • Contact Listing Agent Direct:
  • Kimberly Roberts Stepp, KWSM


Property Description

2432 PENMAR AVENUE is a 2018-constructed, four-unit masterpiece, located in Venice, California, one of the most desirable sub-markets in Los Angeles. This newly constructed property features four modern 2,270 square foot tri-level townhouses. Each unit is comprised of a bedroom with ensuite bathroom and office on the first floor, open plan kitchen and living/dining area with half-bath and laundry on the second floor, two master bedrooms with ensuite bathroom on the third floor, and private rooftop deck with stunning 360-degree views equipped with built-in BBQ station. Designed and built with Stainless Steel Bertazzoni Appliances and high-end, custom mosaic tiles and luxury fixtures, these townhouses provide a unique rental offering in a market where new multifamily development is extremely uncommon. Delivered fully vacant, the four townhouses total over $32,700 in potential monthly rental inco


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2432 PENMAR Avenue, Venice, CA 90291

Based on information from California Regional Multiple Listing Service, Inc. as of September 14, 2018. 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.

Listing provided by: Kimberly Roberts Stepp, KWSM

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