Exceptional Development Opportunity in Venice Beach. A rare offering in the sought-after Penmar neighborhood of Venice Beach. 1325 & 1327 Appleton Way present an extraordinary opportunity for developers, builders, and visionaries alike. Set on a generous 10,903 square foot lot on a tranquil street, this property features two existing structures primed for a major remodel or complete redevelopment. Whether you envision a modern compound or multiple new homes, the lot offers ample space and potential, following the lead of other beautifully transformed properties in the area. Beloved for its welcoming community vibe, Penmar offers easy access to the beach, vibrant Venice dining and shopping, Silicon Beach, Marina del Rey, and the creative hubs of Culver City. Opportunities like this are increasingly rare, don't miss your chance to create something truly special in one of L.A.'s most dynamic coastal neighborhoods.
Sold for $2,700,000
Zillow last checked:
Listing updated:
Bought with:
Ryan Jancula, DRE # 01904981
Compass
Source: CLAW,MLS#: 25560951
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2026 | Sold | $2,700,000-6.9%$1,430/sqft |
Source:  CLAW #25560951 Report a problem | ||
| 9/12/2025 | Pending sale | $2,900,000$1,536/sqft |
Source: CLAW #25560951 Report a problem | ||
| 7/7/2025 | Listed for sale | $2,900,000+22.1%$1,536/sqft |
Source: CLAW #25560951 Report a problem | ||
| 12/30/2024 | Sold | $2,375,000+3.3%$1,258/sqft |
Source:  CRMLS #SR24124568 Report a problem | ||
| 7/16/2024 | Pending sale | $2,300,000$1,218/sqft |
Source: CRMLS #SR24124568 Report a problem | ||
| 7/9/2024 | Price change | $2,300,000-8%$1,218/sqft |
Source: CRMLS #SR24124568 Report a problem | ||
| 6/19/2024 | Listed for sale | $2,500,000$1,324/sqft |
Source: CRMLS #SR24124568 Report a problem | ||
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Estimated market value
$2,673,200
