NOT LISTED FOR SALE

2416 Penmar Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,278,000 - $2,884,224

3 Beds
3.5 Baths
2,221 Sq Ft
$1,141/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,900,000 $855 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,147/month

25 Days on Market

Highlights

  • Coastline Views
  • New Construction
  • Bonus Room
  • Beethoven Street Elementary School Rated 9+
  • Engineered Wood Flooring
  • High Ceiling

About This Home

As of November 2022

New construction architectural small lot subdivision in the heart of Silicon Beach. This 3 bedroom, 3.5 baths, 4 level single family home is the ultimate in Venice living. Flooded in natural light, high ceilings, and designer finishes, you will find oak wood floors, custom cabinetry and tile, and state of the art appliances. Entering on the ground floor, you have a 2 car enclosed garage as well as bonus room with access to a lushly landscaped central courtyard with a separate gym. Next, you will find your entertainment level which features the living room, powder room, open kitchen, and a collapsing glass wall of Fleetwood multi slide doors for indoor/outdoor living. The Kitchen includes custom cabinetry, built in GE Monogram appliances (Fridge, Range, Microwave), Bosch dishwasher, filtered drinking water, farmer's sink, and designer marble counter tops. The third floor features 2 very spacious bedrooms with walk in closets, en-suite bathrooms, and the laundry closet. Perched on the 4th floor is the lavish primary suite spanning the entire floor as well as a private terrace with expansive city, mountain and ocean views, and en suite bath with double sink vanity and walk in closet. Fantastic lifestyle location, nearby to hip boutiques, bistros/bars, cafes, and eateries as well as the world famous Venice beach!

Last Agent to Sell the Property

Mitchell Bassett

Carolwood Estates License #02141643 Listed on: 09/22/2022

Carolwood Estates

Last Buyer's Agent

Spencer Mow

Carolwood Estates License #02141673

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,517 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate

Property Views

  • Coastline
  • City Lights
  • Trees
  • Mountain

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2,221 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Family Room on Second Floor
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire Sprinkler System

Outdoor Features

  • Living Room Balcony
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 2221
  • Property Condition: New Construction
  • Stories: 4
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Engineered Hardwood, Tile
  • Appliances: Microwave, Range Hood, Range
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Kitchen Island
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Microwave, Hood Fan, Garbage Disposal, Water Filter
  • Price Per S Q F T: 877.98

Exterior Features

  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Patio: Balcony, Patio Open, Living Room Balcony
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City, Coastline, Mountains, Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage - 2 Car, Garage Is Attached, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air
  • Security: Automatic Gate, Exterior Security Lights, Fire and Smoke Detection System

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 1517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 19, 2022
Sold by
Alexander Penmar 1 Llc
Bought by
Penmar Partners Llc
Seller's Agent
Mitchell Bassett
Carolwood Estates
Buyer's Agent
Spencer Mow
Carolwood Estates
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
11
Current Estimated Value
$2,533,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,306
Avg. Annual Appreciation
9.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Penmar Partners Llc $1,900,000 Progressive Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $1,900,000 -2.6% $855 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $1,950,000 -- $878 / 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 $23,589 $1,976,760 $790,704 $1,186,056
2024 $23,589 $1,938,000 $775,200 $1,162,800
2023 $22,963 $1,900,000 $760,000 $1,140,000
2022 $10,115 $856,061 $378,787 $477,274
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Bassett

    Seller's Agent in 2022

    Mitchell Bassett

    Carolwood Estates

    (310) 266-3286

    2 in this area

    15 Total Sales

    Mitchell Bassett
    Section Image
  • Spencer Mow

    Buyer's Agent in 2022

    Spencer Mow

    Carolwood Estates

    (310) 990-5295

    1 in this area

    6 Total Sales

    Spencer Mow
    Section Image
  • Alphonso Lascano

    Buyer Co-Listing Agent in 2022

    Alphonso Lascano

    Carolwood Estates

    (818) 800-8848

    6 in this area

    165 Total Sales

    Alphonso Lascano
    Section Image
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Map

Source: The MLS

MLS Number: 22-200761

The MLS

APN: 4236-004-046

California Los Angeles County Venice 90291 Venice

2416 Penmar Ave, Venice, CA

Not Listed for Sale

Detached

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