1817 Penmar Avenue, Venice, California 90291, Venice, 90291 - 1 bed, 2 bath

1817 Penmar Avenue, Venice, California 90291 home-pic-0

1817 Penmar Avenue

Venice, California 90291

ACTIVE
CONDITION: EXCELLENT
1Beds
2Baths
Sq Ft
1,185Lot Size

Property Price

LIST PRICE$1,495,000

SUMMARY

Analysis of 1817 Penmar Avenue, Venice, California 90291 is currently available with a list price of $1,495,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Venice Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a newly constructed/completely reimagined bungalow featuring high-end luxury finishes and modern architectural design. The property includes premium Wolf and Sub-Zero appliances, wide European oak flooring, custom Reform wardrobes, and advanced technology such as a Control4 smart home system and Toto Neorest fixtures. All components are new, meeting the highest current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High-End Designer Finishes

    The property features premium architectural design by Julie Hart, complemented by Wolf and Sub-Zero appliances, European oak flooring, and custom Reform wardrobes, offering a luxury experience rarely found in smaller footprints.

  • Advanced Smart Home Integration

    Equipped with a full Control4 system, built-in shower speakers, and a Toto Neorest toilet, the home provides a seamless, tech-forward living environment that prioritizes convenience and modern comfort.

  • Versatile Flex Space

    The one-car garage is thoughtfully designed with soaring ceilings, a skylight, and an EV charger, allowing it to function as a high-quality home gym, yoga studio, or creative office space.

CONSRISKS & DEFICIENCIES

  • Limited Bedroom Count

    As a one-bedroom residence priced near $1.5 million, the property may face a restricted buyer pool, specifically excluding families or those requiring dedicated guest rooms.

  • Minimal Lot and Outdoor Space

    With a lot size of only 1,185 square feet and a $401 monthly association fee, the property offers very little private yard space and lacks the traditional autonomy of a standalone single-family home.

About 1817 Penmar Avenue

Elegant, with a touch of Venice. Unlike anything else on the market, this property is more than a home, it's an experience. With flowing architecture by Julie Hart, this newly constructed bungalow is a rare expression of refined coastal living. The Penmar Palms blends the tranquility of an Ojai retreat with the urban sophistication of Venice beach living. What was once a group of iconic Venice bungalows, this community has been completely reimagined with a meticulous eye. This home is completely dialed in, crafted for the person who values both function and beauty. No expense was spared in its design- custom modern Reform wardrobe, wide European oak floors bring warmth and elegance, Wolf and Sub-Zero appliances elevate the kitchen, and skylights throughout flood the interiors with natural light and ariness all crowned by a towering vaulted ceiling in the bedroom. Bathrooms boast a built in shower speaker system, flamed granite floors and a Toto Neorest toilet. The entire home operates on Control4, creating a total sense of ease and convenience for daily living. The 1 car garage, complete with soaring ceilings, EV charger and a skylight, can be used as the perfect flex space, home gym, yoga studio or creative space.Every angle, every finish reflects thoughtful intention, creating a space that totally inspires. For those who appreciate the finer things in life, Venice living has never felt so chic.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
1,185 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$401.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.03.0
7%
Baths2.03.0
37%
Square foot-1,747
2%
Lot Size1,1854,255.5
1%
Price$1.50M$2.43M
12%
Price per sq ft$0$1.3K
2%
Built year-1947
1%
HOA$401.0$0
99%
Days on market195165
68%

Pricing History

Listed for Sale

Feb 21, 2026

$1,495,000

$1,595,000

-6% Price Drop

Initial Listing

Price Change

Aug 23, 2025

$1,595,000

Initial Listing

Sold

Dec 5, 2024

$1,545,000

Public Record

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