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$3,542,000   Price Analysis
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2478 Penmar Ave
Venice, CA 90291
4 bed 4 bath 3,640 SqFt ($973/SqFt)
2,235SqFt lot. Built 2019
Listed 2024-06-12, Taxes $21,655
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Assumable loan at 4.99% interest.

Introducing 2478 Penmar Avenue, a luxury single family home with built-in smart home features located in Silicon Beach. 2478 Penmar is approximately 3, 640sf. This home has 4 bedrooms and 3.5 baths while being uniquely designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront and Marina Del Rey. Mother-in-Law Suite in the first floor has big walk-in closet and private full bathroom. The large second floor living and dining area leads to an outdoor courtyard that brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity and earthy luxuriance.

The thrd floor includes the master room and 2 spacious bedrooms. The home has a private rooftop deck with hot tub for your enjoying the city lights view. Concrete heated floor throughout the entire house, white oak solid wood stairs, aluminum dual-panel and Low E a nd Argon gas energy-efficient windows keeping a constant temperature. The house features a 5-zone AC system, top-of-the-line appliances: Sub-Zero full size wine cellar, Sub-Zero refrigerator and Wolf 6 burner gas range. It's a prominent home in the prime location of Venice California. Assumable Loan at 4.99% Interest Only.


Presented by Yuejun Zhang at
Primior Management Inc.


Property MLS #TR24116595 from CRMLS

Bedrooms: 4
Bedrooms On Main Level: 3

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1
Bathrooms On Main Level: 3

Granite Counters
High Ceilings
In-Law Floorplan
Living Room Deck Attached
Recessed Lighting
Storage

Kitchen Appliances: 6 Burner Stove, Built-In Range
Appliances YN: Yes
Laundry Features: Gas & Electric Dryer Hookup, Individual Room

Bonus Room, Exercise Room, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet, Wine Cellar

Cooling Features: Central Air, ENERGY STAR Qualified Equipment, Zoned
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes

Spa Features: Spa: Yes, Spa Features: Roof Top

Lot Description: Paved
Lot Size Acres: 0.0513085
Lot Size Source: Assessor
Lot Size Square Feet: 2235

Garage Spaces: 2
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Garage - Two Door
Parking Total: 2

View: City Lights, Mountain(s), Neighborhood

School District: Los Angeles Unified

Venice Senior High School is a public high school located approximately 0.4 miles away.
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Mark Twain Middle School and World Languages Magnet is a public middle school located approximately 0.5 miles away.
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Beethoven Street Elementary School is a public elementary school located approximately 0.7 miles away.
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St. Mark School is a private elementary and middle school located approximately 0.2 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Source Listing Status: Active
County: Los Angeles
Directions: Lincoln Blvd to Zanja St to Penmar
Source Property Type: Residential
Area: C11 - Venice
Source Neighborhood: C11 - Venice
Parcel Number: 4236004043
Postal Code Plus 4: 5049
Zoning: LARD1.5
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,107,859 + $725,207
$1,833,066
$21,655
2021$1,086,137 + $710,988
$1,797,125
$21,379
2020$608,217 + $673,117
$1,281,334
$15,633
2019$596,292 + $659,919
$1,256,211
$15,007

Listed 2024-06-12
$3,542,000
CRMLS
Listing removed 2023-11-22
$0
CRMLS
Listing removed 2023-11-17
$0
TheMLSCLAW
Listing removed 2023-11-15
$7,495,000
TheMLSCLAW
Price Changed 2023-10-26
$3,274,643
CRMLS
Listed 2023-10-11
$6,999,999
CRMLS
Listing removed 2023-10-09
$0
TheMLSCLAW
Listed 2023-09-18
$7,495,000
TheMLSCLAW
Listing removed 2023-06-16
$0
CRMLS
Relisted 2023-05-24
$8,350,000
CRMLS
Listing removed 2023-05-20
$0
CRMLS
Listed 2023-05-19
$8,354,000
CRMLS
Listing removed 2022-01-02
$0
CRMLS
Listed 2021-11-03
$4,399,000
CRMLS
Listing removed 2021-10-08
$0
CRMLS
Price Changed 2021-09-10
$4,795,000
CRMLS
Listed 2021-09-09
$4,225,300
CRMLS
Listing removed 2020-03-06
$0
AppfolioUnits
Listing removed 2020-01-19
$0
CRMLS
Price Changed for rent 2019-12-10
$14,500
AppfolioUnits
Price Changed for rent 2019-12-07
$14,500
CRMLS
Price Changed for rent 2019-10-18
$15,999
CRMLS
Price Changed for rent 2019-09-27
$19,999
AppfolioUnits
Price Changed for rent 2019-08-07
$19,999
CRMLS
Price Changed for rent 2019-08-06
$19,000
CRMLS
Listed for rent 2019-07-28
$17,000
AppfolioUnits
Listed for rent 2019-07-17
$17,000
CRMLS

Total Square Feet Living: 3640
Year Built: 2019
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Living Area Source: Assessor
Property Age: 5
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: House
Year Built Source: Seller

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.