NOT LISTED FOR SALE

Estimated Value: $2,823,000 - $3,105,354

4 Beds
4.5 Baths
3,411 Sq Ft
$857/Sq Ft Est. Value

Last Sold November 21, 2025

Last sale price $2,850,000 $836 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $17,901/month

33 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Great Room with Fireplace
  • Venice High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of November 2025

This one has it all. 1900 Penmar, built in 2021, is a contemporary architectural design with vast views of mountains and trees. Light pours generously into every room, thoughtfully designed with custom details throughout. Each floor is connected with a floating staircase and 8.5" wide oak flooring. At the top of the stairs, the 3rd floor features an open floor plan with an Italian-designed kitchen, including Fisher & Paykel appliances, a walk-in pantry, custom shelving, and an elegant island. It's a seamless transition to the dining room and living room, all with large glass windows and a wall of glass doors that open onto a generous outdoor deck. The built-in fireplace can be felt from every room. This indoor-outdoor concept is ideal for entertaining and living with the doors open. The second floor includes three of the four bedrooms. The primary bedroom opens onto a large, inviting balcony and includes a custom Italian-designed walk-in closet, an elegant bathroom with dual Italian vanities, a floating tub, and a beautiful porcelain shower. The additional bedrooms are designed with custom Italian millwork closets and private en suite bathrooms. The fourth bedroom is on the first floor and can be used as a creative space, guest room, office, or gym. Upon entering the home, you are greeted by a large, flexible space that opens onto an outdoor patio. The home is prewired for Savant Smart Home Automation and features app-controlled lighting, an integrated Sonos sound system, 5 Lorex security cameras, DoorBird entry, alarm system, prewired solar, prewired for an EV charger, and space considered for an elevator to be installed if needed. There is a 2-car garage that opens directly into the home. Situated at the intersection of Palms and Penmar, you are an easy walk to cafes and boutiques, with a new little neighborhood bodega opening just across the street. This is easy living and ready for your throws, candles, and bikes.

Last Agent to Sell the Property

Elisa Crispi

Compass License #02068150 Listed on: 09/24/2025

Compass

Co-Listed By

Tracey Becker

Compass License #01975821

Last Buyer's Agent

Jason Anderson

eXp Realty of California Inc License #01762393

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 2,867 Sq Ft Lot
  • Property is zoned LARD3

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,411 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Great Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Electric Vehicle Charging Station

Listing and Financial Details

  • Assessor Parcel Number 4242-013-027

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

2,867 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3411
  • Lot Acreage: 0.0635
  • Stories: 3
  • Year Built: 2021
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room
  • Flooring: Hardwood, Porcelain
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Primary Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Double Vanity(s), Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Breakfast Counter / Bar
  • Kitchen Features: Island
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 5.00
  • Equipment: Freezer, Garbage Disposal, Microwave, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Vented Exhaust Fan, Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 878.04

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4242-013-027
  • Lot Size Area: 2867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2025
Closed on
Oct 30, 2025
Sold by
Flaus Living Trust and Flaus Robert Greville
Bought by
Jafari Sahm
Seller's Agent
Elisa Crispi
Compass
Buyer's Agent
Jason Anderson
eXp Realty of California Inc
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Views
74
Current Estimated Value
$2,923,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,589
Avg. Annual Appreciation
10.74%
Original Mortgage
$2,280,000
Outstanding Balance
$2,277,857
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$645,732

Purchase Details

Closed on
Sep 21, 2024
Sold by
Flaus Lauren M and Flaus Robert G
Bought by
Flaus Living Trust and Flaus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jafari Sahm $2,850,000 Fidelity National Title
Flaus Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jafari Sahm $2,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $2,850,000 -4.8% $836 / Sq Ft
10/27/2025 10/27/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $2,995,000 +12.0% $878 / Sq Ft
12/06/2021 12/06/21 Sold $2,675,000 -0.7% $843 / Sq Ft View Prior Sale
11/01/2021 11/01/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $2,695,000 +22.2% $849 / Sq Ft
07/02/2015 07/02/15 Sold $2,205,500 +5.0% $1,054 / Sq Ft View Prior Sale
06/02/2015 06/02/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $2,100,000 -- $1,004 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,077 $2,838,730 $1,135,492 $1,703,238
2024 $33,687 $2,783,070 $1,113,228 $1,669,842
2023 $33,040 $2,728,500 $1,091,400 $1,637,100
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25584147

The MLS

APN: 4242-013-027

Your Personal Tour Guide

Ask me questions while you tour the home.