PROPERTY TOURS WILL BE HELD ON FEBRUARY 27TH CONTACT LISTING AGENT TO SCHEDULE. This is one of the first coliving investment opportunities in Los Angeles. 2432 Penmar is a 10,024 square foot luxury apartment building totaling 20 bedrooms in the heart of Venice. Situated just off Venice and Lincoln Blvd, and blocks away from Marina Del Rey, the tenants are provided with unlimited dining, shopping and entertainment options. Hop on your bike for a quick ride down to the beach, the iconic Abbot Kinney Boulevard, or the Venice Pier.Consisting of four separate townhomes, two units have four bedrooms and two units have six bedrooms, all separately rented out to quality tenants. There are four separate kitchens throughout the property with two large interior living areas designated as the main dining area, entertainment, and inside common living areas. Each unit has their own washer/dryer. The roof deck stretches across the whole property, providing 360 degree views.
Sold for $5,000,000
$5,000,000
2432 Penmar Ave, Venice, CA 90291
20beds
14baths
10,024sqft
MultiFamily
Built in 2019
-- sqft lot
$5,310,700 Zestimate®
$499/sqft
$3,995 Estimated rent
Home value
$5,310,700
$4.41M - $6.27M
$3,995/mo
Zestimate® history
Owner options
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$3,995/mo
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$31,525/mo
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 14
Heating
- None, Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Refrigerator
Features
- Flooring: Tile, Hardwood
- Furnished: Yes
Interior area
- Total interior livable area: 10,024 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
Features
- Exterior features: Other
Lot
- Size: 5,540 Square Feet
Details
- Parcel number: 4236004044
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 2019
Community & HOA
Location
- Region: Venice
Financial & listing details
- Price per square foot: $499/sqft
- Tax assessed value: $5,670,180
- Annual tax amount: $68,532
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Sold | $5,000,000-8.3%$499/sqft |
Source: Public Record Report a problem | ||
| 1/6/2023 | Sold | $5,450,000-5.2%$544/sqft |
Source: Public Record Report a problem | ||
| 10/13/2022 | Contingent | $5,750,000$574/sqft |
Source:  CLAW #22-181089 Report a problem | ||
| 9/12/2022 | Price change | $5,750,000-8%$574/sqft |
Source: CLAW #22-181089 Report a problem | ||
| 7/20/2022 | Price change | $6,250,000-12.8%$624/sqft |
Source: CLAW #22-181089 Report a problem | ||
| 2/18/2020 | Listed for sale | $7,170,000+32.8%$715/sqft |
Source: Compass #20554406 Report a problem | ||
| 5/15/2019 | Sold | $5,400,000-9.9%$539/sqft |
Source:  CLAW #18383340 Report a problem | ||
| 11/20/2018 | Pending sale | $5,995,000$598/sqft |
Source: KWSM #18383340 Report a problem | ||
| 9/7/2018 | Listed for sale | $5,995,000+335.1%$598/sqft |
Source: KWSM #18383340 Report a problem | ||
| 4/17/2015 | Sold | $1,378,000$137/sqft |
Source: CLAW #14812849 Report a problem | ||
| 2/26/2015 | Pending sale | $1,378,000$137/sqft |
Source: Pardee Properties, Inc. #14812849_CLAW Report a problem | ||
| 2/20/2015 | Price change | $1,378,000-1.2%$137/sqft |
Source: Pardee Properties, Inc. #14812849_CLAW Report a problem | ||
| 2/17/2015 | Pending sale | $1,395,000$139/sqft |
Source: Pardee Properties, Inc. #14812849_CLAW Report a problem | ||
| 12/4/2014 | Listed for sale | $1,395,000+41.2%$139/sqft |
Source: Pardee Properties, Inc. #14812849 Report a problem | ||
| 7/1/2011 | Listing removed | $988,000$99/sqft |
Source: Keller Williams Santa Monica #10486943 Report a problem | ||
| 3/28/2011 | Price change | $988,000-1%$99/sqft |
Source: Keller Williams Santa Monica #10486943 Report a problem | ||
| 1/18/2011 | Listed for sale | $998,000$100/sqft |
Source: Keller Williams Santa Monica #10486943 Report a problem | ||
| 11/21/2010 | Listing removed | $998,000$100/sqft |
Source: Keller Williams Santa Monica #10488793 Report a problem | ||
| 10/24/2010 | Listed for sale | $998,000+109.7%$100/sqft |
Source: Keller Williams Santa Monica #10488793 Report a problem | ||
| 11/1/2001 | Sold | $476,000+32.2%$47/sqft |
Source: Public Record Report a problem | ||
| 5/12/1999 | Sold | $360,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $68,532 +1.2% | $5,670,180 +2% |
| 2024 | $67,689 -3.9% | $5,559,000 -4% |
| 2023 | $70,445 +4.9% | $5,789,887 +2% |
| 2022 | $67,150 +1.3% | $5,676,361 +2% |
| 2021 | $66,313 +90.9% | $5,565,061 +77.4% |
| 2020 | $34,744 | $3,137,603 +13% |
| 2019 | $34,744 +5.7% | $2,776,983 +90.8% |
| 2018 | $32,868 | $1,455,532 +2% |
| 2017 | $32,868 +89.7% | $1,426,993 +2% |
| 2016 | $17,330 +2.2% | $1,399,013 +33.2% |
| 2015 | $16,952 +81.3% | $1,050,000 +40% |
| 2014 | $9,351 | $750,000 -24.9% |
| 2011 | -- | $999,000 |
| 2010 | -- | $999,000 -27% |
| 2009 | -- | $1,368,957 +2% |
| 2008 | -- | $1,342,116 +2% |
| 2007 | -- | $1,315,800 +2% |
| 2006 | -- | $1,290,000 +150.7% |
| 2005 | -- | $514,562 +4% |
| 2004 | -- | $494,584 +1.9% |
| 2003 | -- | $485,520 +32.2% |
| 2000 | -- | $367,200 |
Find assessor info on the county website
Neighborhood: Venice
Nearby homes
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- $--1 bd1 ba234 sqft2432 Penmar Ave #202F, Venice, CA 90291Off Market
- $--1 bd1 ba152 sqft2432 Penmar Ave #202A, Venice, CA 90291Off Market
- $--1 bd1 ba152 sqft2432 Penmar Ave #202C, Venice, CA 90291Off Market
- $--1 bd1 ba159 sqft2432 Penmar Ave #203D, Venice, CA 90291Off Market
- $--1 bd1 ba356 sqft2432 Penmar Ave #203E, Venice, CA 90291Off Market
Nearby schools
GreatSchools rating
- 8/10Beethoven Street Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 0.6 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$5,310,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,310,700
- California
- Los Angeles County
- Los Angeles
- 90291
- Venice
- 2432 Penmar Ave
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