2045 Penmar Avenue, Venice CA 90291 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated . Listing information © 2025 Sandicor.

Asking Price: $1,699,000 | ​​​​​​​

2045 Penmar Avenue, Venice CA 90291

Community: ​


This Residential property was built in 1949 and is priced at $1,699,000. Please see the additional details below.
  • 1,870 Sq Ft
  • 4 bathrooms
  • 4 bedrooms
  • MLS#: 306566200
  • Type: Residential
  • Year Built: 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 Venices most sought-after residential neighborhoods. Presenting immediate upside for investors or owner-users will operate at 5.22% CAP & 13.31 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 spacesa 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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152