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

1817 Penmar Avenue
Venice, California 90291
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 7% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | - | 1,747 | 2% |
| Lot Size | 1,185 | 4,255.5 | 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 market | 195 | 165 | 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



































