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2432 Penmar Ave
Venice, CA 90291
20 Unit Coliving Building - 2019 Construction · Multifamily Property For Sale · 20 Units

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.13 AC
Building Size 10,024 SF
Average Occupancy 100%
No. Stories 4
Year Built 2018
Parking Ratio 0.8/1,000 SF
Zoning RD1.5

ABOUT 2432 PENMAR AVE , VENICE, CA 90291

This is one of the first coliving investment opportunities in Los Angeles. 2432 Penmar is a 10,024 square foot luxury apartment building totaling 20 bedrooms in the heart of Venice. Situated just off Venice and Lincoln Blvd, and blocks away from Marina Del Rey, the tenants are provided with unlimited dining, shopping and entertainment options. Hop on your bike for a quick ride down to the beach, the iconic Abbot Kinney Boulevard, or the Venice Pier. Consisting of four separate townhomes, two units have four bedrooms and two units have six bedrooms, all separately rented out to quality tenants. There are four separate kitchens throughout the property with two large interior living areas designated as the main dining area, entertainment, and inside common living areas. Each unit has their own washer/dryer. The roof deck stretches across the whole property, providing 360 degree views.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4236-004-044
Land Assessment
$2,080,800
Improvements Assessment
$3,589,380
Total Assessment
$5,670,180
  • Listing ID: 18561083

  • Date on Market: 2/18/2020

  • Last Updated:

  • Address: 2432 Penmar Ave, Venice, CA 90291

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