Fourteen-Unit Apartment
For Sale
$4,995,000
2001 Penmar Ave, Venice, CA 90291
MULTI_FAMILY - Venice, CA
Property Size9,532 SF
Lot Size0.24 Acres
Price / SF$524.02
Days on Market96
Property Features for 2001 Penmar Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD3
Bedrooms
20
Bathrooms
17
Full bathrooms
7
Rooms
Bedroom 9, Bathroom 13, Bedroom 13, Bathroom 17, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 7, Bedroom 19, Bathroom 3, Bathroom 8, Bathroom 10, Bedroom 18, Bedroom 8, Bedroom 6, Bathroom 14, Bathroom 7, Bathroom 15, Bathroom 9, Bedroom 12, Bedroom 17, Bedroom 10, Bathroom 1, Bedroom 16, Bedroom 20, Bathroom 16, Bathroom 12, Bedroom 3, Bedroom 14, Bedroom 15, Bathroom 6, Bedroom 5, Bathroom 11
Parking features
Assigned
Directions
Prime Venice (Border of Santa Monica) surrounded by single family residences.
Subdivision
Venice
Standard status
Active
APN
4242-009-011
Size
9,532 SF
Lot size
0.24 Acres
Utilities
Cooling system
Wall Unit(s)
Amenities
split A/C systems
in-unit washer/dryers
large private patios
Building Details
Year built
1962
Floors in Building
2
Number of units
14
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Jonathan Taksa · License #01366169
(310) 968-5303
Added: Apr 28
Changed: Aug 1
Last Checked: Aug 1 at 7:06PM
MLS# 26818379
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.
Investment Insights
Based on property information with market context.
2001 Penmar Ave is a turnkey 14-unit apartment building built in 1962, situated on a 0.2381-acre corner lot. The property includes a unit mix of studio, one-bedroom, and two-bedroom homes, with many units offering large private patios.
Capital improvements include luxury renovations in 10 of the 14 units, with new flooring, designer kitchens and bathrooms, custom cabinetry, split A/C systems, and in-unit washer/dryers in select units. In addition, three brand-new accessory dwelling units have been constructed—two attached and one detached—providing modern layouts and additional rental opportunities.
The building is located at the intersection of Penmar Avenue and Superba Avenue and is zoned LARD3. Parking is provided with assigned spaces. Cooling is provided via wall unit(s), and the property features split A/C in the renovated units.
Note: loan must be assumed.
Capital improvements include luxury renovations in 10 of the 14 units, with new flooring, designer kitchens and bathrooms, custom cabinetry, split A/C systems, and in-unit washer/dryers in select units. In addition, three brand-new accessory dwelling units have been constructed—two attached and one detached—providing modern layouts and additional rental opportunities.
The building is located at the intersection of Penmar Avenue and Superba Avenue and is zoned LARD3. Parking is provided with assigned spaces. Cooling is provided via wall unit(s), and the property features split A/C in the renovated units.
Note: loan must be assumed.
Key Highlights
- 14‑unit apartment building on a 0.2381‑acre corner lot
- 10 of 14 units fully renovated with designer kitchens and bathrooms
- Three brand‑new ADUs: two attached plus one detached
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 14-unit apartment building with three newly constructed ADUs and upgrades including split A/C in-unit laundry in select units.
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: 14‑unit apartment building on a 0.2381‑acre corner lot; 10 of 14 units fully renovated with designer kitchens and bathrooms; Three brand‑new ADUs: two attached plus one detached
