1817 Penmar Avenue, Venice, California 90291, Venice, 90291 - 1 bed, 2 bath
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Venice, California 90291
Analysis of 1817 Penmar Avenue, Venice, California 90291 is currently available with a list price of $1,375,000. 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.
Property is new construction or fully renovated.
This 2023 construction is in mint condition, featuring high-end Wolf and Sub-Zero appliances, custom Reform cabinetry, and European-oak flooring. The property includes modern systems like Control4 smart home integration and an EV charger, requiring zero maintenance.
The property features premium architectural details including European-oak floors, custom Reform wardrobes, and top-tier Wolf and Sub-Zero appliances, offering a luxury turnkey experience.
Equipped with a comprehensive Control4 system, built-in sound, and an EV-ready garage, the home provides modern convenience and tech-forward functionality.
Designed by Julie Hart, the home utilizes soaring vaulted ceilings and strategic window placement to maximize natural light, creating an airy feel that makes the 994 sqft footprint feel much larger.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1185, living area = 994.
The single-bedroom configuration significantly limits the buyer pool, making it less ideal for families or those requiring a dedicated guest room or permanent home office.
At a list price of $1.375M for under 1,000 square feet, the property commands a substantial premium that may be difficult for value-oriented buyers to justify despite the high-end finishes.
An Exceptional Reinvention- Previously a group of iconic Venice bungalows, this community has been entirely reimagined as a series of single-family, courtyard homes by the meticulous eye of architect and designer, Julie Hart. 1817 is a rare expression of refined coastal living for the person who values great design: function, beauty, warmth, and modernity. Details include a custom Reform wardrobe, wide European-oak floors, Wolf and Sub-Zero appliances, a bedroom with a soaring vaulted ceiling, a built-in sound system throughout, and a Toto Neorest toilet. The interiors are flooded with natural light creating a calming airiness. The entire home operates on Control4, generating a total sense of ease and convenience for daily living. The 1-car garage has an EV charger and a skylight, but might be used as the perfect flex space, home gym, yoga studio, or work space. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 8% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 994 | 1,888 | 21% |
| Lot Size | 1,185 | 4,213 | 1% |
| Price | $1.38M | $2.30M | 11% |
| Price per sq ft | $1.4K | $1.3K | 55% |
| Built year | 2023 | 1948 | 97% |
| HOA | $401.0 | $0 | 99% |
| Days on market | 23 | 166 | 1% |
May 14, 2026
$1,375,000
Initial Listing
Dec 5, 2024
$1,545,000
Public Record