B
Seller's Agent in 2023
Bryan Glenn
Kidder Mathews of California, Inc.
(858) 369-3010
1 in this area
16 Total Sales
2432 Penmar Ave Venice, CA 90291
Venice NeighborhoodEstimated Value: $4,822,000 - $5,874,064
20
Beds
16
Baths
10,024
Sq Ft
$541/Sq Ft
Est. Value
Highlights
- Outdoor Grill
- Central Heating and Cooling System
- Controlled Entrance
- Venice High School Rated A
About This Home
As of January 2023Completed in 2019, Common Penmar is a best in class, 4-unit property that is being professionally operated as a co-living property with 20 furnished suites (private bedrooms) rented individually. Many of the suites also include a private bathroom. The unit mix at the property is comprised of two units that feature four bedrooms and four bathrooms, and the other two units that feature six bedrooms and four bathrooms. The apartments have high end finishes, quality appliances, beautiful community space and wonderful natural light. An incredible amenity at the property is the rooftop deck that spans the building, provides multiple seating areas and BBQs for the tenants' use and offers full 360-degree views. Co-living is a popular form of residential renting that has swept the nation. It offers residents a ton of flexibility and an array of amenities by renting furnished, private rooms on a short-term or long-term basis. The units at Common Penmar include large kitchens and beautiful living rooms that create valuable communal space and interactivity among the residents. WiFi and all utilities are included for the tenants convenience. For an investor who is not as familiar with co-living, Common Penmar can also be easily converted to a traditional multifamily property rented by the unit with long-term leases. The Property is ideally positioned to rent to either families or roommates that wish to be in such a prime location.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01441095 Listed on: 07/19/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2018
Lot Details
- 5,534
Parking
- 8 Car Garage
- Parking Garage Space
- Controlled Entrance
Interior Spaces
- 10,024 Sq Ft Home
- 4-Story Property
Kitchen
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 20 Bedrooms
- 16 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Outdoor Grill
- 5,534 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4236-004-044
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
Dec 23, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jul 19, 2022
Closed on
Jan 3, 2023
Sold by
Bought by
Seller's Agent
Bryan Glenn
Kidder Mathews of California, Inc.
Buyer's Agent
Scott Rosenberg
Kidder Mathews of California, Inc.
List Price
$6,250,000
Sold Price
$5,450,000
Premium/Discount to List
-$800,000
-12.8%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.12%
Original Mortgage
$4,087,500
Interest Rate
0.0658%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $5,000,000 | Lawyers Title Company | ||
| $5,450,000 | Chicago Title |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $150,000 | ||
| Closed | $4,450,000 | ||
| Closed | $4,087,500 | ||
| Closed | $2,917,500 | ||
| Closed | $206,700 | ||
| Closed | $115,000 | ||
| Closed | $123,841 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2023 01/13/23 | Sold | $5,450,000 | 0.0% | $544 / Sq Ft | |
| 01/05/2023 01/05/23 | Price Changed | $1,841 | -3.7% | $15 / Sq Ft | |
| 01/03/2023 01/03/23 | Price Changed | $1,912 | +3.9% | $16 / Sq Ft | |
| 01/01/2023 01/01/23 | Price Changed | $1,841 | 0.0% | $15 / Sq Ft | |
| 01/01/2023 01/01/23 | For Rent | $1,841 | +13.2% | -- | |
| 10/26/2022 10/26/22 | Price Changed | $1,627 | -8.9% | $13 / Sq Ft | |
| 10/15/2022 10/15/22 | For Rent | $1,786 | 0.0% | -- | |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- | |
| 09/12/2022 09/12/22 | Price Changed | $5,750,000 | 0.0% | $574 / Sq Ft | |
| 09/06/2022 09/06/22 | Price Changed | $1,786 | +9.8% | $15 / Sq Ft | |
| 07/20/2022 07/20/22 | For Rent | $1,627 | 0.0% | -- | |
| 07/19/2022 07/19/22 | For Sale | $6,250,000 | +15.7% | $624 / Sq Ft | |
| 05/15/2019 05/15/19 | Sold | $5,400,000 | -9.9% | $535 / Sq Ft | View Prior Sale |
| 11/20/2018 11/20/18 | Pending | -- | -- | -- | |
| 05/23/2018 05/23/18 | For Sale | $5,995,000 | +335.1% | $594 / Sq Ft | |
| 04/17/2015 04/17/15 | Sold | $1,378,000 | -1.2% | $1,117 / Sq Ft | View Prior Sale |
| 02/25/2015 02/25/15 | Pending | -- | -- | -- | |
| 12/01/2014 12/01/14 | For Sale | $1,395,000 | -- | $1,130 / 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 |
|---|---|---|---|---|
| 2025 | $68,532 | $5,670,180 | $2,080,800 | $3,589,380 |
| 2024 | $67,689 | $5,559,000 | $2,040,000 | $3,519,000 |
| 2023 | $70,445 | $5,789,887 | $3,270,214 | $2,519,673 |
| 2022 | $67,150 | $5,676,361 | $3,206,093 | $2,470,268 |
| 2021 | $66,313 | $5,565,061 | $3,143,229 | $2,421,832 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Glenn
-
Scott Rosenberg
Buyer's Agent in 2023
Scott Rosenberg
Kidder Mathews of California, Inc.
(310) 543-1031
2 in this area
17 Total Sales
-
Kimberly Roberts Stepp
Seller's Agent in 2019
Kimberly Roberts Stepp
Keller Williams Beverly Hills
(310) 482-2200
10 Total Sales
-
J
Buyer's Agent in 2019
John Dale
-
Tamra Pardee
Seller's Agent in 2015
Tamra Pardee
Pardee Properties
(310) 861-7719
215 in this area
783 Total Sales
-
Ron Maman
Buyer's Agent in 2015
Ron Maman
Rodeo Realty
(818) 469-7021
2 in this area
23 Total Sales
Map
Source: The MLS
MLS Number: 22-181089
APN: 4236-004-044
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© 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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Information is deemed reliable but not guaranteed.
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