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2418 Penmar Avenue, Venice, CA 90291

4 Bed, 3.5 Bath Multi-Family Home For Sale

2418 Penmar Avenue, Venice, CA 90291 House For Sale - MLS #17200346
Under Agreement
$1,649,000
4
3 Full Bath, 1 Half Bath
Multi-Family
3 Family
This listing is courtesy of Stacey Valnes from VALNES BELL REALTORS.

Property Description for 2418 Penmar Avenue, Venice, CA 90291

Highly sought after rare triplex with separate 2 bedroom Spanish vacant home w/studio w/front & rear yards + (2) 1 bedroom charming cottages in good condition w/ hardwood floors and private yards renting for $2,100 & $2,000. This rent can pay $800,000 of your fully amortized mortgage. Live for next to nothing blocks from the beach and Abbot Kinney. One car garage included. Big lot over 6,000sf. 2 bedroom home is vacant. See showing instructions in showing remarks!

Interior Details

2,414 sq. ft.
$683.10/sq. ft.
Other

Exterior Details

0.14 acres
6,070 sq. ft.
3

Other Details

17200346
1955

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1 / 1     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $2,100     

Unit #3
Bedrooms: 1      Full / Half Baths: 1      Rent: $2,000     

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(20%)

Monthly Mortgage Payments

$7,490
$10,432

Town Description

Venice of America was founded by tobacco millionaire Abbot Kinney in 1905 as a beach resort town, 14 miles (23 km) west of Los Angeles. He and his partner Francis Ryan had bought two miles (3.24 km)...

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