$4,950,000
2452 Penmar Avenue, Venice CA 90291
Multi-Family (4 Units)
Property type
114 days
On market
$902
Price per sqft
N/A
Garage
2023
Year built
5,979 sqft
Lot size
Home highlights
Open Houses
Overview
An architectural multi-unit compound centrally located in the heart of Venice, this four-unit property includes three meticulously designed townhomes, each featuring an open floor plan and private rooftop deck with sweeping views. Each unit offers its own laundry facilities for added convenience. Anchored by a sleek mini pool, the property reflects a cohesive modern vision...
Listing provided by: Ron Maman DRE #01344010 818-986-7300, Rodeo Realty
Listing updated: May 6, 2026 at 06:44pm.
Last checked: Jun 4, 2026 at 12:30pm
Source: CRMLS #26648121
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $6,950 | $6,950 | $6,950 | Unfurnished |
| 1 | 2 | 2 | — | $7,100 | $7,100 | $7,100 | Unfurnished |
| 1 | 2 | 2 | — | $5,500 | $5,500 | $5,500 | Unfurnished |
| 1 | 2 | 2 | — | $4,350 | $4,350 | $4,350 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Dishwasher: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
17.3x
List Price / Annual Gross Rent
Cap Rate
4.35%
NOI / List Price
Net Operating Income: $215,100
Interior
Interior Features: Ceiling Fans
Cooling: Central Air
Heating: Central
Appliances: Barbecue, Dishwasher, Microwave, Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 3
Levels: One, Multi Split
Common Walls: One Common Wall
Security Features: Gated Community
Pool: Lap, Waterfall
View: City Lights, Hills, Landmark, Marina, Mountains, Ocean, Peek Aboo
Garage and Parking
Parking: Assigned, Controlled Entrance, Covered, Carport, Driveway, Electric Gate, Garage, Gated, Tandem
Garage: Attached
Uncovered Spaces: 4
Carport Spaces: 2
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 4236004049
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 2452 Penmar Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,960,000
Total Interest
$5,050,762
Total Payment
$9,010,762
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$30,336
per month
Property History for 2452 Penmar Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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