858-525-5007

2045 Penmar, Venice CA 90291 | $1,699,000

  • 4 bedrooms
  • 4 bathrooms
  • 1,870 Sq Ft
  • 4364 Lot Sq Ft
  • Type: Quadruplex
  • Stories: 2
  • Year Built: 1949
  • MLS#: SB25239782
  • Community: C11 - Venice

Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-11-10 09:17:19.000000. Listing information © 2025 SANDICOR.

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 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 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.

More Details

0.1 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985