$4,995,000
2001 Penmar Avenue, Venice CA 90291
Multi-Family (14 Units)
Property type
38 days
On market
$524
Price per sqft
N/A
Garage
1962
Year built
10,370 sqft
Lot size
Home highlights
Open Houses
Overview
2001 Penmar Avenue is a turnkey 14-unit multifamily asset located on a quiet, tree-lined corner in the heart of Venice one of the most desirable and dynamic rental markets in Los Angeles. Situated at the intersection of Penmar and Superba Avenue, this pride of-ownership building features an exceptional unit mix, luxury renovations, newly constructed ADUs, and strong in-place...
Listing provided by: Jonathan Taksa DRE #01366169 424-672-8220, Remax Commercial and Investment Realty
Listing updated: May 6, 2026 at 07:18am.
Last checked: Jun 4, 2026 at 01:00pm
Source: CRMLS #26818379
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $3,798 | $3,798 | $3,800 | Unfurnished |
| 2 | 2 | 2 | — | $3,296 | $6,593 | $7,200 | Unfurnished |
| 5 | 2 | 1 | — | $2,776 | $13,879 | $18,000 | Unfurnished |
| 4 | 1 | 1 | — | $2,186 | $8,742 | $12,800 | Unfurnished |
| 2 | 0 | 1 | — | $2,275 | $4,549 | $4,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Dishwasher: 14
Disposal: 14
Refrigerator: 14
Financial Snapshot
Gross Rent Multiplier
11.1x
List Price / Annual Gross Rent
Cap Rate
6.41%
NOI / List Price
Net Operating Income: $320,396
Interior
Heating: Combination
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Laundry: Stacked
Exterior
Stories Total: 2
Levels: One, Multi Split
Garage and Parking
Parking: Assigned
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4242009011
Zoning: LARD3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2001 Penmar Avenue, Venice, CA 90291. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,996,000
Total Interest
$5,096,678
Total Payment
$9,092,678
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$30,611
per month
Property History for 2001 Penmar Avenue
Venice Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90291.
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