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Listed by: Cameron Samimi DRE #02035763, Molly First DRE #02065583 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,699,000
4 Beds
- 4 Baths
4 full baths
1,870sqft
2045 Penmar Ave, Venice, CA 90291
$1,699,000
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Quadruplex
Built in 1949
$-- HOA
4,364 sqft lot
$909/sq.ft
Description
3 out of 4 Units will be delivered VACANT! Charming 4-Unit Investment Opportunity in Prime Venice Location
Built in 1949, this well-maintained 4-unit apartment building sits on a 4,364 sq ft lot and offers a total of 1,870 sq ft of living space. Each unit is a 1-bedroom, 1-bath, ideally situated on a quiet, tree-lined street in one of Venice’s most sought-after residential neighborhoods.
Presenting immediate upside for investors or owner-users will operate at 5.22% CAP & 13.31 GRM. Recent upgrades include a new roof, approximately 90% updated plumbing, and a shared laundry room. The property also boasts two private backyards, two single-car garages with ADU potent...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1949
HOA Fees
-
Finished Area
1,870 sqft
Lot Size
4,364 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB25239782
MLS Status
Active
Days on Market
65
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