4
Bedrooms
Sold for $1,630,000 · Apr 2024
SOLDListed at $1,999,888
Venice, CA
MLS# 23334191
Paige Ogden
Listing Agent
Pardee Properties
DRE #: 02060052
Brokerage: Pardee Properties
4
Bedrooms
3
Bathrooms
N/A
Square Feet
1952
Year Built
6,004 sqft
Lot Size
N/A
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Welcome to an extraordinary opportunity in Venice! The first time on the market in 70 years, this incredible gem is one of a kind - bring your developers and your contractors; this is an incredible development opportunity with upside potential or the perfect renovation project! Situated on a generous 6,000 +/- sqft, this home boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer! There is tons of upside potential to maximize the lot and build multiple units. The added convenience of alley access enhances the appeal, providing flexibility for design and construction. Whether you envision building new construction, expansion on the current property, or building units, this property invites you to shape an exceptional residence that suits your individual taste and lifestyle. Embrace the possibilities and make your mark in one of Los Angeles' most dynamic and desirable communities. This prime piece of real estate not only offers proximity to the cultural hubs of Venice but also provides a canvas for realizing the vision of a truly exceptional dwelling. Tucked away in a wonderful location, you are a short bike ride to the Penmar Golf Course, Abbot Kinney, Rose Ave, and The Beach. This will not last long!
Listing description from the April 2024 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
2446 Penmar Avenue sold for $1,630,000 in April 2024, 18% under its $1,999,888 list price, after 48 days on the market. Across 174 closed sales in 90291 over the last 12 months, the median sold price is $2,100,000 and the median is $1,217 per square foot. 4-bedroom rentals in 90291 currently list at a median of $20,750 a month (26 listings).
| Quarter | Closed sales in 90291 | Median sold price |
|---|---|---|
| Q1 2026 | 20 | $2,132,500 |
| Q2 2026 | 79 | $2,050,000 |
| Q3 2026 | 64 | $2,130,000 |
| Q4 2026 | 11 | $2,400,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Venice · Homes for sale in 90291
Closed sales reported in 90291, nearest first, last 12 months. All recent sales in Venice →
2446 Penmar Avenue
Contact Paige Ogden
Contact via Nalren messaging
Contact Listing Agent
Pardee Properties
DRE #02060052
Contact information is not available for this listing.