2001 Penmar Ave | Venice, CA 90291
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This Multifamily Property is no longer advertised on LoopNet.com.
2001 Penmar Ave
Venice, CA 90291
Penmar 14: Recently Renovated in A+ Location · Multifamily Property For Sale
·
14 Units

INVESTMENT HIGHLIGHTS
- Prime Venice location on a quiet, tree-lined corner at Penmar & Superba Avenue
- 10 of 14 units fully renovated with high-end finishes and luxury features:
- Turnkey asset with major capital improvements completed—minimal deferred maintenance
- 14 total units with an ideal mix of studios, 1-bedroom, and 2-bedroom floor plans
- Three newly constructed ADUs (Accessory Dwelling Units): 2 attached + 1 detached
- Located in one of Los Angeles’ highest-demand coastal submarkets with low vacancy
PROPERTY FACTS
| No. Units | 14 | Building Size | 9,532 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2024 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | R3, Los Angeles - Multiple Family Dwelling Residential | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,532 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2024 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R3, Los Angeles - Multiple Family Dwelling Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Patio
SITE AMENITIES
- Laundry Facilities
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | - | - |
| 2+2 | 2 | - | - |
| 2+1 | 5 | - | 650 |
| 1+1 | 4 | - | 1,200 |
| Studios | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 4242-009-011 | Improvements Assessment | $1,273,449 |
| Land Assessment | $2,228,536 | Total Assessment | $3,501,985 |
PROPERTY TAXES
Parcel Number
4242-009-011
Land Assessment
$2,228,536
Improvements Assessment
$1,273,449
Total Assessment
$3,501,985
Listing ID: 35996574
Date on Market: 5/27/2025
Last Updated:
Address: 2001 Penmar Ave, Venice, CA 90291
The Multifamily Property at 2001 Penmar Ave, Venice, CA 90291 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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