NOT LISTED FOR SALE

Estimated Value: $1,686,000 - $3,424,000

3 Beds
2.5 Baths
2,000 Sq Ft
$1,193/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • No HOA
  • Hiking Trails
  • Venice High School Rated A
  • Neighborhood Views
  • Park

About This Home

As of December 2023

Experience Venice Beach living at 2440 Penmar Ave #4, Venice, CA 90291. This remarkable two-story end unit boasts 3 bedrooms, 2.5 bathrooms, and a generous 2,000 sqft of living space, providing the perfect balance of comfort and sophistication. Step inside to discover a meticulously designed interior flooded with natural light. The kitchen is a chef's dream, featuring sleek appliances and ample counter space. With the convenience of a washer and dryer in-unit, daily chores become effortless. Relish the privacy of an end unit, where tranquility meets modernity. In addition to the spacious living areas, you'll find three generously sized bedrooms, offering flexibility for your lifestyle. The attached parking space ensures you always have a secure spot to park in this lovely neighborhood. Located in a charming and friendly community, this home is just moments away from the iconic Venice Beach, trendy Abbot Kinney Blvd, and the serene Venice Canals. If you're seeking the quintessential Venice lifestyle, this is your chance to make it a reality at 2440 Penmar Ave. Don't hesitate; schedule a viewing today and elevate your California coastal living experience.

Last Agent to Rent the Property

FRANCIS KYLE PAPA RIBAS

Excellence RE Real Estate License #01961766 Listed on: 09/15/2023

Excellence RE Real Estate

Last Renter's Agent

FRANCIS KYLE PAPA RIBAS

Excellence RE Real Estate License #01961766 Listed on: 09/15/2023

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,203

Year Built

  • Built in 1985

Lot Details

  • 5,562 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Venice High School

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 9/15/23
  • Legal Lot and Block 17 / 6
  • Tax Tract Number 4
  • Assessor Parcel Number 4236004035

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,203

Year Built

Built in 1985

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-09-15
  • Credit Check Paid By: Tenant
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 4236004035
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.10
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Park, Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified
  • High School: Venice
  • High School: Venice
  • High School2: VENICE

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5562.00
  • Lot Size Acres: 0.1277

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5562.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Includes: Gardener

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 2738.00
  • Tax Lot: 17
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2007
Sold by
Borgese Franco and Borgese Fausta
Bought by
Borgese Francesco and Borgese Fausta
Current Estimated Value
$2,386,000
Source: Public Records

Range of Values:

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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
Borgese Francesco -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Borgese Franco $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Rented $4,200 -6.7% --
09/15/2023 09/15/23 For Rent $4,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,203 $886,670 $186,422 $700,248
2024 $11,203 $869,285 $182,767 $686,518
2023 $11,000 $852,241 $179,184 $673,057
2022 $10,510 $835,531 $175,671 $659,860
2021 $10,350 $819,149 $172,227 $646,922
2019 $10,051 $794,855 $167,120 $627,735
2018 $9,931 $779,271 $163,844 $615,427
2016 $9,448 $749,013 $157,483 $591,530
2015 $9,315 $737,763 $155,118 $582,645
2014 $9,368 $723,312 $152,080 $571,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23173571

California Regional Multiple Listing Service (CRMLS)

APN: 4236-004-035