RENTED JUL 10, 2026

Estimated Value: $2,218,000 - $2,296,949

4 Beds
4.5 Baths
2,672 Sq Ft
$850/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2022

Last sale price $2,100,000 $786 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,503 / mo

Highlights

  • New Construction
  • City View
  • Modern Architecture
  • Venice High School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of July 2026

-- Only Available from June 17 until August 11 -- Perched in the heart of Venice, California, at the prestigious address of 2435 S Penmar Ave, awaits a magnificent architectural marvel that epitomizes the very essence of modern coastal living. This is no ordinary home; it's a luxurious sanctuary where elegance and sophistication harmoniously blend with unparalleled comfort. Offering an impressive 4 bedrooms and 4.5 bathrooms, this sprawling residence is a haven of opulence, meticulously designed for short or long-term rental.Upon crossing the threshold, you'll be immediately struck by the cascading natural light that gracefully floods the interiors, courtesy of the grand, sun-kissed windows and soaring 10-foot ceilings. Every inch of this home is a testament to artful design and meticulous craftsmanship.The ground floor is a haven of convenience, boasting a 2-car enclosed garage and guest quarters exquisitely appointed with a bedroom and a full bath, seamlessly connected to an inviting outdoor patio that beckons you to unwind in total seclusion.Journeying to the entertainment level, you'll be met by an open kitchen that is nothing short of a culinary masterpiece. Here, a designer fireplace, adorned with custom tile backsplash, exudes warmth and charm. Multi-slide pocket doors effortlessly blur the line between indoor and outdoor spaces, inviting the ocean breeze to caress your senses. It's a space where culinary artistry meets oceanic serenity.The gourmet kitchen itself is a work of art, boasting top-of-the-line Bosch appliances, including a built-in coffee machine that ensures each morning begins with a perfect cup of java.Ascending to the third floor, you'll discover two resplendent en-suite bedrooms, each bearing its own walk-in closet for indulgent storage. And just steps away, a convenient laundry room adds a touch of practicality to this sanctuary of luxury.But the crowning jewel of this extraordinary residence awaits atop the fourth level, where the primary suite reigns supreme. Here, luxury knows no bounds, as the entire floor is dedicated to your private haven. Step onto your private terrace and behold breathtaking vistas of the cityscape, mountains, and coastline. An indoor/outdoor fireplace bestows warmth and romance, while an expansive walk-in closet ensures that your wardrobe is as finely curated as your lifestyle.Beyond the four walls of this magnificent abode, you'll find yourself immersed in the vibrant Venice lifestyle. Abbot Kinney and Rose Avenue, with their eclectic mix of dining and shopping, beckon you to explore. And when the allure of the beach calls, it's just a leisurely stroll away.This fully furnished, turnkey residence is not just a home; it's a masterpiece of architectural achievement where luxury, artistry, and coastal living converge in an unparalleled display of opulence. Make it yours, and let the grandeur of Venice embrace you in its warm and stylish embrace. -- Only Available from June 17 until August 11 --

Last Agent to Rent the Property

Kai Cohen

Simco Enterprises Inc License #02039873 Listed on: 06/15/2026

Last Renter's Agent

Kai Cohen

Simco Enterprises Inc License #02039873 Listed on: 06/15/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,500

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 2,672 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring
  • City Views
  • Alarm System
  • Bosch Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 2,500 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

2,500 Sq Ft Lot

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Excludes: Utilities, Gardening
  • Security Deposit: 15000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split, Three Or More
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2672
  • Probate: No
  • Property Condition: New Construction
  • Stories: 4
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins
  • Price Per S Q F T: 5.05

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 2500

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

Listed on
Feb 17, 2026
Closed on
Apr 16, 2026
Sold by
Bought by
Seller's Agent
Kai Cohen
Simco Enterprises Inc
Buyer's Agent
Kai Cohen
Simco Enterprises Inc
Sold Price
$12,000
Views
29
Current Estimated Value
$2,271,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,259,487

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 23, 2022
Sold by
Bought by
Seller's Agent
Joi Davis
eXp Realty of California Inc
Buyer's Agent
Kai Cohen
Simco Enterprises Inc
List Price
$2,249,000
Sold Price
$2,100,000
Premium/Discount to List
-$149,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$1,680,000
Interest Rate
0.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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/Courtesy Recordi
$2,100,000 Fidelity National Builders Ser
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 $1,680,000
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
07/10/2026 07/10/26 Rented $17,800 +31.9% --
07/01/2026 07/01/26 Price Changed $13,500 -10.0% $5 / Sq Ft
06/15/2026 06/15/26 For Rent $15,000 +25.0% --
04/22/2026 04/22/26 Rented $12,000 0.0% --
03/24/2026 03/24/26 Price Changed $12,000 -4.0% $4 / Sq Ft
02/24/2026 02/24/26 Price Changed $12,500 -3.8% $5 / Sq Ft
02/17/2026 02/17/26 For Rent $13,000 0.0% --
04/01/2022 04/01/22 Sold $2,100,000 -4.5% $898 / Sq Ft View Prior Sale
03/04/2022 03/04/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $2,199,000 -2.2% $940 / Sq Ft
11/18/2021 11/18/21 For Sale $2,249,000 -- $962 / 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 $26,803 $2,228,535 $1,142,920 $1,085,615
2024 $26,501 $2,184,839 $1,120,510 $1,064,329
2023 $25,996 $2,142,000 $1,098,540 $1,043,460
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26847645

The MLS

APN: 4236-002-028

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