2432 Penmar Ave | Venice, CA 90291
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- LoopNet Team
2432 Penmar Ave
Venice, CA 90291
Common Penmar · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Prime 'A' Location in Highly Coveted Venice Submarket
- Opportunity to Capitalize on Rapidly Growing Co-Living Rental Model
- Incredible Spacious Townhome Units with High-End Finishes
- NOT Subject to Los Angeles or CA Rent Control
- Beautiful Rooftop Deck
- Opportunity to Convert to Traditional Multifamily Investment with Attractive Cap Rate
PROPERTY FACTS
| No. Units | 4 | Building Size | 10,024 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2019 |
| Building Class | B | Parking Ratio | 0.8/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | RD1.5 | ||
| No. Units | 4 |
| 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 | 2019 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | RD1.5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 2 | - | 2,000 - 3,000 |
| 6+4 | 2 | - | 2,000 - 3,000 |
PROPERTY TAXES
| Parcel Number | 4236-004-044 | Improvements Assessment | $3,589,380 |
| Land Assessment | $2,080,800 | Total Assessment | $5,670,180 |
PROPERTY TAXES
Parcel Number
4236-004-044
Land Assessment
$2,080,800
Improvements Assessment
$3,589,380
Total Assessment
$5,670,180
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