Turnkey 14-Unit Multifamily with
2001 Penmar Avenue Venice, CA 90291
2001 Penmar Avenue, Venice, CA, 90291
$4,995,000
For Sale
$4,995,000
Turnkey 14-unit corner property with renovated interiors and three newly constructed ADUs, plus in-unit washer/dryers in select units.
Property Size9,532 SF
Price / SF$524.02
Days on Market146
Property Features for 2001 Penmar Avenue
General Information
- Standard status
- Active
- Size
- 9,532 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1962
Listing agency
Remax Commercial and Investment Realty
Listed by
Jonathan Taksa
(714) 497-3550
Source
Sevengables
Added: Feb 26 Updated: Jul 10 at 1:49PM Checked: Jul 22 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Commercial and Investment Realty
Investment Insights
Based on property information with market context.
2001 Penmar Avenue is a turnkey 14-unit multifamily property on a quiet, tree-lined corner. The building offers a mix of studio, 1-bedroom, and 2-bedroom units, with many units featuring private patios. Interior improvements include newly installed flooring, designer-style kitchens and bathrooms, custom cabinetry, and split A/C systems, along with in-unit washer/dryers in select units. Ten of the 14 units have been fully renovated, supporting a more modern, consistent resident experience. In addition, the property includes three brand-new ADUs, with two attached and one detached, each designed with modern layouts.
The property is located at the intersection of Penmar Avenue and Superba Avenue. It is described as being moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and Santa Monica, which can broaden tenant appeal across retail, dining, and coastal recreation.
This offering is positioned for buyers seeking an income-producing multifamily asset with completed interior updates and added ADU production. As noted in the remarks, the loan must be assumed, so prospective buyers should inquire for details regarding assumption terms and process.
The property is located at the intersection of Penmar Avenue and Superba Avenue. It is described as being moments from Abbot Kinney Boulevard, Rose Avenue, Venice Beach, and Santa Monica, which can broaden tenant appeal across retail, dining, and coastal recreation.
This offering is positioned for buyers seeking an income-producing multifamily asset with completed interior updates and added ADU production. As noted in the remarks, the loan must be assumed, so prospective buyers should inquire for details regarding assumption terms and process.
Key Highlights
- 14‑unit multifamily building built in 1962 on a corner at Penmar Ave and Superba Ave
- Unit mix includes studios, 1‑bedroom, and 2‑bedroom units, with many featuring large private patios
- 10 of 14 units have been fully renovated with new flooring, designer kitchens and bathrooms, and custom cabinetry
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Apartment building - Turnkey 14-unit corner property with renovated interiors and three newly constructed ADUs, plus in-unit washer/dryers in select units.
Where is this apartment building located?
The property is located at 2001 Penmar Avenue 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: 14‑unit multifamily building built in 1962 on a corner at Penmar Ave and Superba Ave; Unit mix includes studios, 1‑bedroom, and 2‑bedroom units, with many featuring large private patios; 10 of 14 units have been fully renovated with new flooring, designer kitchens and bathrooms, and custom cabinetry
