There are multiple listings for this address:
$1,990,000
2045 Penmar AV
Venice, CA, 90291
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 6.51% CAP & 11.27 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 potential, and three additional off-street parking spaces—a rare convenience in Venice.
Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.
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 6.51% CAP & 11.27 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 potential, and three additional off-street parking spaces—a rare convenience in Venice.
Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.
Property Details
Price:
$1,990,000
MLS #:
SB25239782
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c11venice
Listed Date:
Oct 14, 2025
Finished Sq Ft:
1,870
Lot Size:
4,364 sqft / 0.10 acres (approx)
Year Built:
1949
Schools
School District:
Santa Monica-Malibu Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
SEE
Laundry Features
AR
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Common Walls
_2CW
Community Features
SDW, CRB, CW
Garage Spaces
2
Parking Spots
6
Parking Total
6
View
SEE
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Current real estate data for Single Family in Venice as of Apr 07, 2026
275
Single Family Listed
88
Avg DOM
701
Avg $ / SqFt
$1,686,181
Avg List Price
Community
- Address2045 Penmar AV Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
Similar Listings Nearby
Property Summary
- 2045 Penmar AV Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $1,990,000 and features 4 beds, 4 baths, and has approximately 1,870 square feet of living space, and was originally constructed in 1949. The current price per square foot is $1,064. The average price per square foot for Single Family listings in Venice is $701. The average listing price for Single Family in Venice is $1,686,181. To schedule a showing of MLS#sb25239782 at 2045 Penmar AV in Venice, CA, contact your James Outland agent at 8057482262.
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2045 Penmar AV
Venice, CA
$1,990,000
2045 Penmar AV
Venice, CA, 90291
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 6.51% CAP & 11.27 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 potential, and three additional off-street parking spaces—a rare convenience in Venice.
Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.
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 6.51% CAP & 11.27 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 potential, and three additional off-street parking spaces—a rare convenience in Venice.
Located just down the street from Penmar Golf Course and moments from popular cafes, restaurants, fitness studios, and top-rated schools. This high-demand location supports strong, consistent rental income and long-term appreciation potential.
Property Details
Price:
$1,990,000
MLS #:
SB25239794
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c11venice
Listed Date:
Oct 14, 2025
Lot Size:
4,364 sqft / 0.10 acres (approx)
Year Built:
1949
Schools
School District:
Santa Monica-Malibu Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
SEE
Laundry Features
AR
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Common Walls
_2CW
Community Features
SDW, CRB, CW
Garage Spaces
2
Parking Spots
6
Parking Total
6
View
SEE
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
More About JamesMortgage Calculator
Map
Current real estate data for Single Family in Venice as of Apr 07, 2026
275
Single Family Listed
88
Avg DOM
701
Avg $ / SqFt
$1,686,181
Avg List Price
Community
- Address2045 Penmar AV Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
Similar Listings Nearby
Property Summary
- 2045 Penmar AV Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $1,990,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1949. The average price per square foot for Single Family listings in Venice is $701. The average listing price for Single Family in Venice is $1,686,181. To schedule a showing of MLS#sb25239794 at 2045 Penmar AV in Venice, CA, contact your James Outland agent at 8057482262.