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For sale
  • $4,550,000

    1500 Louella Ave, Venice, CA 90291

    5beds
    3,817sqft
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    Residential, Single Family Residence
    Built in 2026
    5,963 Square Feet Lot
    $4,399,800 Zestimate®
    $1,192/sqft
    $-- HOA

    What's special

    Perched above the lush fairways and open green space of Penmar Park, Penmar Noir is a bold architectural statement that redefines modern luxury in the heart of Venice. Wrapped in a dramatic black exterior, this custom-designed five-bedroom, five-bathroom residence commands attention while offering a rare sense of sophistication. Every inch of the home has been meticulously crafted with bespoke finishes and uncompromising attention to detail. Expansive walls of glass flood the interiors with natural light and frame picturesque park views, while seamlessly connecting indoor and outdoor living spaces. The open-concept floor plan is anchored by a designer chef's kitchen featuring custom cabinetry, premium appliances, and handcrafted stone surfaces that blend functionality with refined elegance. The luxurious primary suite serves as a private retreat, complete with a spa-inspired bathroom, oversized walk-in closet, and tranquil views overlooking Penmar's iconic greenery. Four additional bedrooms offer exceptional comfort and flexibility for family, guests, or work-from-home living. Outside, a resort-style courtyard awaits. A sparkling pool and curated outdoor entertaining spaces create the perfect setting for sun-soaked afternoons, al fresco dining, and unforgettable evenings under the stars. Mature landscaping enhances the sense of seclusion while complementing the home's striking contemporary architecture. Located moments from Venice's renowned beaches, Abbot Kinney, Rose Avenue, and some of the Westside's finest dining and shopping, Penmar Noir offers a rare opportunity to own a truly one-of-a-kind custom residence where architectural design, luxury craftsmanship, and an unparalleled location come together effortlessly.
    40 days
    |
    836
    |
    62
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Nasr DRE # 01990484 424-299-9595,

    Compass 310-820-0195

    Source: CLAW,MLS#: 26846023MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Walk-In Closet
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Washer, Tankless Water Heater
      • Laundry: Laundry Room
      Features
      • Built-Ins
      • Flooring: Engineered Hardwood
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 3,817
      • Total interior livable area: 3,817 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Exterior features: Balcony, Rain Gutters
      • Pool features: In Ground, Heated And Filtered
      • Spa features: None
      • Fencing: Wood
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 5,963 Square Feet
      • Dimensions: 55 x 108
      Details
      • Additional structures: None
      • Parcel number: 4244017018
      • Zoning: LAR1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      Condition
      • Year built: 2026

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Venice

      Financial & listing details

      • Price per square foot: $1,192/sqft
      • Tax assessed value: $89,900
      • Annual tax amount: $19,757
      • Date on market: 6/11/2026

        Estimated market value

        $4,399,800

        $4.18M - $4.62M

        $6,759/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$4,550,000+180%$1,192/sqft
        Source: CLAW #26846023 Report a problem
        3/3/2025Sold$1,625,000+2.2%$426/sqft
        Source: CRMLS #TR24234472 Report a problem
        2/5/2025Pending sale$1,590,000$417/sqft
        Source: CRMLS #TR24234472 Report a problem
        1/26/2025Contingent$1,590,000$417/sqft
        Source: CRMLS #TR24234472 Report a problem
        1/18/2025Listed for sale$1,590,000$417/sqft
        Source: CRMLS #TR24234472 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,757 +1362.6%$89,900 +2%
        2024$1,351 +1.3%$88,138 +2%
        2023$1,334 +10.9%$86,411 +2%
        2022$1,203 +1.9%$84,717 +2%
        2021$1,180 -0.6%$83,057 +1%
        2020$1,187 $82,206 +2%
        2019$1,187 +10.7%$80,595 +2%
        2018$1,072 $79,016 +2%
        2017$1,072 +1.9%$77,467 +2%
        2016$1,051 +3.4%$75,949 +1.5%
        2015$1,016 0%$74,809 +2%
        2014$1,017 $73,345 +2.5%
        2012-- $71,584 +2%
        2011-- $70,182 +0.8%
        2010-- $69,659 -0.2%
        2009-- $69,826 +2%
        2008-- $68,457 +2%
        2007-- $67,116 +2%
        2006-- $65,801
        2005-- $65,801 +4%
        2004-- $63,248 +1.9%
        2003-- $62,090 +2%
        2002-- $60,873 +4%
        2000-- $58,512
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Venice

        Getting around

        47 / 100
        Car-Dependent
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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