2432 Penmar Avenue

    Venice, CA 90291
    • $5,995,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: 18383340
    UPDATED: 102 min ago
    $5,995,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,099
      SQFT
    • $594
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:
    Area:

    School Ratings & Info

    Description

    2432 PENMAR AVENUE is a 2018-constructed, four-unit masterpiece, located in Venice, California, one of the most desirable sub-markets in Los Angeles. This newly constructed property features four modern 2,270 square foot tri-level townhouses. Each unit is comprised of a bedroom with ensuite bathroom and office on the first floor, open plan kitchen and living/dining area with half-bath and laundry on the second floor, two master bedrooms with ensuite bathroom on the third floor, and private rooftop deck with stunning 360-degree views equipped with built-in BBQ station. Designed and built with Stainless Steel Bertazzoni Appliances and high-end, custom mosaic tiles and luxury fixtures, these townhouses provide a unique rental offering in a market where new multifamily development is extremely uncommon. Delivered fully vacant, the four townhouses total over $32,700 in potential monthly rental inco

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87265191

    2432 Penmar Avenue Venice, CA 90291

    • Price: $5,995,000
    • Status: Active
    • Updated: 102 min ago
    • ID#: 18383340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    10,099
    SQFT
    $594
    $/SQFT
    2018
    Built
    Neighborhood:
    C11 - Venice
    County:
    Los Angeles
    Area:
    C11 - Venice
    Property Description
    2432 PENMAR AVENUE is a 2018-constructed, four-unit masterpiece, located in Venice, California, one of the most desirable sub-markets in Los Angeles. This newly constructed property features four modern 2,270 square foot tri-level townhouses. Each unit is comprised of a bedroom with ensuite bathroom and office on the first floor, open plan kitchen and living/dining area with half-bath and laundry on the second floor, two master bedrooms with ensuite bathroom on the third floor, and private rooftop deck with stunning 360-degree views equipped with built-in BBQ station. Designed and built with Stainless Steel Bertazzoni Appliances and high-end, custom mosaic tiles and luxury fixtures, these townhouses provide a unique rental offering in a market where new multifamily development is extremely uncommon. Delivered fully vacant, the four townhouses total over $32,700 in potential monthly rental inco
    Exterior Features

    Entry Location Main Level Lot Features Sprinklers None Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances Ice MakerRefrigeratorBarbecueGarbage DisposalVented Exhaust FanWater Line To RefrigeratorDishwasher Appliances YN Yes Flooring TileWood Laundry Features Gas Dryer Hookup Room Type Two MastersMulti-Level Bedroom

    Property Features

    Gross Multiplier 15.70 Gross Operating Income 380977.00 Laundry YN Yes Net Operating Income 288425.00 Special Listing Conditions Standard Total Expenses 92552.00 Zoning Lard1.5

    Listing provided courtesy of Kimberly Roberts Stepp of Kwsm.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T00:33:29.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604