2001 Penmar Ave Venice, CA 90291
New
MULTI_FAMILY - Venice, CA
Property size:
9,532 SFLot size:
0.24 AcresPrice / SF:
$524/SF- Added:
- Apr 28, 2026
- Days on Market:
- 5
- Last Refresh:
- May 2 at 4:06 pm
Property Features for 2001 Penmar Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LARD3
- Bedrooms
- 20
- Bathrooms
- 17
- Rooms
- Bathroom 5, Bathroom 16, Bedroom 4, Bedroom 8, Bathroom 12, Bathroom 13, Bathroom 10, Bathroom 1, Bedroom 9, Bedroom 6, Bedroom 2, Bathroom 6, Bathroom 11, Bedroom 12, Bedroom 13, Bathroom 4, Bedroom 7, Bathroom 2, Bathroom 17, Bedroom 16, Bedroom 15, Bedroom 19, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 18, Bedroom 5, Bedroom 20, Bathroom 9, Bedroom 17, Bathroom 14, Bathroom 7, Bedroom 10, Bedroom 11, Bathroom 8, Bedroom 14, Bathroom 15
- Parking features
- Assigned
- Standard status
- Active
- APN
- 4242-009-011
- Size
- 9,532 SF
- Lot size
- 0.24 Acres
Utilities
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 14
Listing agent Jonathan Taksa License #01366169 (310) 968-5303
Listing office Remax Commercial and Investment Realty 99 S Lake Ave., Torrance, CA (213) 817-1000
Listing date Apr 28, 2026
MLS# 26818379
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Venice Multifamily Asset with Upside
Located in the heart of Venice, California, 2001 Penmar Avenue is a 14-unit multifamily property situated on a tree-lined corner. The property features an exceptional unit mix and strong in-place income with rental upside. The building is located moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and Santa Monica. The unit mix includes studio, 1-bedroom, and 2-bedroom units, many with large private patios. Ten of the fourteen units have been fully renovated with new flooring, designer kitchens and bathrooms, custom cabinetry, and split A/C systems. Select units include in-unit washer/dryers. In addition, there are three new Accessory Dwelling Units (ADUs), two attached and one detached. The property is located in Venice, known for its arts scene and proximity to Santa Monica. Santa Monica is known for its beaches, shopping, business district, and institutions like Santa Monica College and Providence Saint John's Health Center. The property is positioned for cash flow and long-term appreciation. The lot size is 0.2381 acres and the property size is 9532 square feet. The zoning is LARD3.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Los Angeles
- State
- California
- Longitude
- -118.455273
- Latitude
- 33.999914
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey 14-unit multifamily property in a desirable Venice location.
Where is this apartment building located?
The property is located at 2001 Penmar Ave Venice, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Turnkey 14‑unit multifamily asset in highly desirable Venice location.; Significant rental upside due to below‑market rents in many units.; Three newly constructed Accessory Dwelling Units (ADUs) for additional income.
