NOT LISTED FOR SALE

2446 Penmar Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $1,837,000 - $2,958,241

4 Beds
3 Baths
1,020 Sq Ft
$2,241/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $1,630,000 $1,598 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,515/month

48 Days on Market

Highlights

  • Views of Trees
  • Traditional Architecture
  • Fenced Yard
  • Beethoven Street Elementary School Rated 9+
  • No HOA
  • 2 Car Garage

About This Home

As of April 2024

Welcome to an extraordinary opportunity in Venice! The first time on the market in 70 years, this incredible gem is one of a kind - bring your developers and your contractors; this is an incredible development opportunity with upside potential or the perfect renovation project! Situated on a generous 6,000 +/- sqft, this home boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer! There is tons of upside potential to maximize the lot and build multiple units. The added convenience of alley access enhances the appeal, providing flexibility for design and construction. Whether you envision building new construction, expansion on the current property, or building units, this property invites you to shape an exceptional residence that suits your individual taste and lifestyle. Embrace the possibilities and make your mark in one of Los Angeles' most dynamic and desirable communities. This prime piece of real estate not only offers proximity to the cultural hubs of Venice but also provides a canvas for realizing the vision of a truly exceptional dwelling. Tucked away in a wonderful location, you are a short bike ride to the Penmar Golf Course, Abbot Kinney, Rose Ave, and The Beach. This will not last long!

Last Agent to Sell the Property

Paige Ogden

Pardee Properties License #02060052 Listed on: 11/30/2023

Co-Listed By

Samantha Kinnon

Pardee Properties License #01858397

Last Buyer's Agent

Emma Russell

Pardee Properties License #02007330

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,863

Year Built

  • Built in 1952

Lot Details

  • 6,004 Sq Ft Lot
  • Fenced Yard
  • Back and Front Yard
  • Property is zoned LARD1.5

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Living Room
  • Carpet
  • Views of Trees
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4236-004-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,863

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 0.1378
  • Stories: 2
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached, Garage Is Detached
  • Total Parking: 2

Utilities

  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4236-004-013
  • Lot Description: Fenced Yard, Fenced, Front Yard, Back Yard
  • Lot Location: Alley Access
  • Lot Size Area: 6004

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
2446 Penmar Drs Llc and Sm Penmar Llc
Bought by
2442 Penmar Llc
Current Estimated Value
$2,286,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Outstanding Balance
$1,193,304
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$1,093,006

Purchase Details

Closed on
Dec 27, 2023
Sold by
Diane Y Kisro Survivors Trust and Kisro Craig A
Bought by
2446 Penmar Drs Llc and Sm Penmar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2009
Sold by
Kisro Diane Y and Kisro Family Trust
Bought by
Kisro Diane Y and Diane Y Kisro Survivors Trust

Purchase Details

Closed on
Aug 27, 2003
Sold by
Kisro Alfred and Kisro Diane Y
Bought by
Kisro Alfred and Kisro Diane Y
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
2442 Penmar Llc -- Fidelity National Title
2446 Penmar Drs Llc $1,630,000 Fidelity Title
Kisro Diane Y -- None Available
Kisro Alfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2442 Penmar Llc $1,770,000
Previous Owner 2446 Penmar Drs Llc $1,225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2024 04/11/24 Sold $1,630,000 -18.5% $1,598 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
11/30/2023 11/30/23 For Sale $1,999,888 -- $1,961 / Sq Ft
Source: The MLS

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 $17,863 $1,662,600 $1,579,878 $82,722
2024 $17,863 $1,468,800 $1,428,000 $40,800
2023 $1,237 $82,652 $56,764 $25,888
2022 $1,193 $81,032 $55,651 $25,381
2021 $1,170 $79,444 $54,560 $24,884
2019 $1,141 $77,090 $52,943 $24,147
2018 $1,071 $75,579 $51,905 $23,674
2016 $1,018 $72,646 $49,891 $22,755
2015 $1,005 $71,556 $49,142 $22,414
2014 $1,018 $70,155 $48,180 $21,975
Source: Public Records

Agents Affiliated with this Home

  • Paige Ogden

    Seller's Agent in 2024

    Paige Ogden

    Pardee Properties

    (310) 907-6517

    73 in this area

    167 Total Sales

    Paige Ogden
    Section Image
  • Samantha Kinnon

    Seller Co-Listing Agent in 2024

    Samantha Kinnon

    Pardee Properties

    (310) 650-6781

    12 in this area

    21 Total Sales

    Samantha Kinnon
    Section Image
  • Emma Russell

    Buyer's Agent in 2024

    Emma Russell

    Pardee Properties

    (310) 913-8120

    27 in this area

    83 Total Sales

    Emma Russell
    Section Image
  • Tamra Pardee

    Buyer Co-Listing Agent in 2024

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    234 in this area

    874 Total Sales

    Tamra Pardee
    Section Image
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Map

Source: The MLS

MLS Number: 23-334191

The MLS

APN: 4236-004-013

California Los Angeles County Venice 90291 Venice

2446 Penmar Ave, Venice, CA

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