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Sold for $1,630,000 · Apr 2024

SOLD

Listed at $1,999,888

Sold

2446 Penmar Avenue, Venice, CA 90291

Venice, CA

MLS# 23334191

Single Family Home4bd • 3ba
48 days on market

Listing Agent

Paige Ogden

Listing Agent

Pardee Properties

DRE #: 02060052

Brokerage: Pardee Properties

Property Details

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

Description

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.

Facts & Features

Details

Stories
2
Cooling
None
Heating
None

Sale history for 2446 Penmar Avenue

1 recorded sale

$1,630,000
Sold April 2024 · listed $1,999,888, on market November 2023, 48 days on market · MLS #23334191 · Source: CRMLS
Listing Agent: Paige Ogden · Listing Office: Pardee Properties · Contact: 310-907-6517 · Bought with: Emma Russell · Pardee Properties

How this sale compares

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).

$1,217
90291 median per sq ft (12 mo)
$2,100,000
90291 median sold price (12 mo)
174
Closed sales in 90291 (12 mo)
48
Days on market
−18%
Sold vs. list price
QuarterClosed sales in 90291Median sold price
Q1 202620$2,132,500
Q2 202679$2,050,000
Q3 202664$2,130,000
Q4 202611$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

Recent sales near 2446 Penmar Avenue

Closed sales reported in 90291, nearest first, last 12 months. All recent sales in Venice →

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