Venice, CA 90291,2045 Penmar AVE
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Venice, CA 90291,2045 Penmar AVE
Venice, CA 90291,2045 Penmar AVE
Venice, CA 90291,2045 Penmar AVE
Venice, CA 90291,2045 Penmar AVE
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The Walker Team

The Walker Team

+1(650) 383-7298
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,699,000
Est. payment /mo
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Active

2045 Penmar AVE Venice, CA 90291

4 Beds

4 Baths

1,870 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,870 sqft

Price per Sqft $908

MLS Listing ID CRSB25239782

Bedrooms 4

Full Baths 4

Year Built 1949

Lot Size 4,364 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LARD2

Interior

Cooling Other

Fireplaces Type None

Laundry Laundry Area

Exterior

Garage Spaces 2.0

Pool None

View Other

Building

Water District - Public

Others

Tax ID 4242006009

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Edison Language Academy

    Public | PK - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 9

    Overland Elementary School

    Public | KG - 5

  • 9

    Citizens of the World 3

    Public | KG - 5

  • 9

    Playa del Rey Elementary

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Playa Vista Elementary

    Public | KG - 5

  • 8

    Ocean Charter

    Public | KG - 8

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 7

    Goethe International Charter

    Public | KG - 8

  • 6

    Short Avenue Elementary

    Public | KG - 6

  • 6

    Grand View Boulevard Elementary School

    Public | KG - 5

Middle Schools 14
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 8

    The Incubator

    Public | 6 - 12

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 7

    Palms Middle School

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 5

    Icef Vista Middle Academy

    Public | 6 - 8

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 2

    Marina Del Rey School

    Public | 6 - 8

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

High Schools 11
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 2

    Westchester Enriched Sciences Magnets (WESM) - Health & Sports Medicine Magnet

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

  • 0

    Notre Dame Academy Girls High School

    Private | 9 - 12

School and business data provided by Attom Data.

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