NOT LISTED FOR SALE

2418 Penmar Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $2,007,000 - $2,679,572

4 Beds
4 Baths
2,414 Sq Ft
$944/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2017

Last sale price $1,700,000 $704 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $14,616 / mo

22 Days on Market

Highlights

  • Floor Furnace
  • Auto Driveway Gate
  • 1-Story Property
  • Venice High School Rated A

About This Home

As of March 2017

Highly sought after rare triplex with separate 2 bedroom Spanish vacant home w/studio w/front & rear yards + (2) 1 bedroom charming cottages in good condition w/ hardwood floors and private yards renting for $2,100 & $2,000. This rent can pay $800,000 of your fully amortized mortgage. Live for next to nothing blocks from the beach and Abbot Kinney. One car garage included. Big lot over 6,000sf. 2 bedroom home is vacant. See showing instructions in showing remarks!

Last Agent to Sell the Property

Stacey Valnes

Create License #00989680 Listed on: 02/10/2017

Co-Listed By

Heather Bell

The Agency License #01897826

Last Buyer's Agent

Bonnie Berman

Campbell Wellman Properties License #01297047

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,070

Interior Spaces

  • 2,414 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Car Garage
  • Carport
  • Auto Driveway Gate

Additional Features

  • 6,070 Sq Ft Lot
  • Floor Furnace

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4236-004-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,070 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2414
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 683.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport, Driveway Gate, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 4236-004-001
  • Geocode Override: No
  • Lot Size Area: 6070

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.30
  • Number Of Units: 3
  • Type Of Units: Cottages

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Sandler Aaron Berman and 2018 Trust For Seth Berman San
Bought by
Current Estimated Value
$2,277,893
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Venice, CA

  • Raymond Dominguez Real Estate Agent - Engel & Völkers

    Raymond Dominguez

    Engel & Völkers

    (424) 359-1336

    12 Total Sales

    1 in Venice

    $8,200,000 Price

    Raymond Dominguez
     Section Image
  • Susan Kastner Real Estate Agent - Compass

    Susan Kastner

    Compass

    (424) 577-6015

    46 Total Sales

    1 in Venice

    $3,400,000 Price

    Susan Kastner
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  • Lena Jemelian Real Estate Agent - Compass

    Lena Jemelian

    Compass

    (562) 269-1105

    9 Total Sales

    1 in Venice

    $3,300,000 Price

    Lena Jemelian
     Section Image
  • Alexander Masket Real Estate Agent - Compass

    Alexander Masket

    Responds Quickly

    Compass

    (323) 310-1876

    28 Total Sales

    1 in Venice

    $3,269,000 Price

    Alexander Masket
     Section Image
  • Luis Mendoza Real Estate Agent

    Luis Mendoza

    (858) 293-4222

    27 Total Sales

    1 in Venice

    $2,645,000 Price

    Luis Mendoza
     Section Image
  • Kevin Da Silva Real Estate Agent - eXp Realty of Greater Los Angeles, Inc.

    Kevin Da Silva

    eXp Realty of Greater Los Angeles, Inc.

    (424) 372-0894

    98 Total Sales

    1 in Venice

    $2,225,000 Price

    Kevin Da Silva
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $1,700,000 +3.1% $704 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $1,649,000 -- $683 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,294 $2,148,945 $859,578 $1,289,367
2025 $25,294 $2,106,810 $842,724 $1,264,086
2024 $25,025 $2,065,500 $826,200 $1,239,300
2023 $24,461 $2,025,000 $810,000 $1,215,000
2022 $9,256 $782,504 $330,203 $452,301
Source: Public Records

Agents Affiliated with this Home

  • Stacey Valnes Real Estate Agent - Create

    Seller's Agent in 2017

    Stacey Valnes

    Create

    (310) 455-0096

    6 in this area

    57 Total Sales

    Stacey Valnes
    Section Image
  • Heather Bell Real Estate Agent - The Agency

    Seller Co-Listing Agent in 2017

    Heather Bell

    The Agency

    (310) 779-7211

    1 in this area

    49 Total Sales

    Heather Bell
    Section Image

  • BB

    Buyer's Agent in 2017

    Bonnie Berman

    Campbell Wellman Properties

See All Agents

Map

Source: The MLS

MLS Number: 17-200346

The MLS

APN: 4236-004-045

California Los Angeles County Venice 90291 Venice

2418 Penmar Ave, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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