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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
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

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

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