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$3,542,000

Beds
4
Baths
3.5
sq ft
3,640

2478 Penmar Ave, Venice, CA 90291

2478 Penmar Ave

Venice, CA 90291

  • 19 days on market
Assumable loan at 4.99% interest. Introducing 2478 Penmar Avenue, a luxury single family home with built-in smart home features located in Silicon Beach. 2478 Penmar is approximately 3,640sf. This home has 4 bedrooms & 3.5 baths while being uniquely designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront, and Marina Del Rey. Mother-in-Law Suite in the first floor has spacious walk-in closet and private full bathroom. The large second floor living and dining area leads to an outdoor courtyard that brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity, and earthy luxuriance. The third floor includes the master room and 2 spacious bedrooms. The home has a private rooftop deck with hot tub for your enjoying the city lights view. Concrete heated floor throughout the entire house, white oak solid wood stairs, aluminum dual-panel and Low E & Argon gas energy-efficient windows keeping a constant temperature. The house features a 5-zone AC system, top-of-the-line appliances: Sub-Zero full size wine cellar, Sub-Zero refrigerator, and Wolf 6 burner gas range. It's a very prominent home in the prime location of Venice California. Assumable Loan at 4.99% Interest Only.

Details

Property type

Single Family Residence

Est. home value

$4,817,047

Lot size

2,235 sq ft

Price per sq ft

$974

Year built

2019

Price History

06/12/2024
CRMLS

CRMLS #TR24116595

Listed
$3,542,000
+175.96%
01/20/2015
CLAW

CLAW #14815547

Sold
$1,283,500

Schools & Community

Neighborhood: 

Venice

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Civic Financial Services Llc

Loan start date

April 2022

Original loan amount

$4,999,000

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial, 30 year

Seller

Penmar Residence Venice Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 11:00 AM

Listing updated: 06/13/2024 at 6:33 AM

Listed by: Johnney Zhang, Primior Management Inc Phone #: (626) 508-7777

MLS: CRMLS #TR24116595

CRMLS logo

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