
Venice, California 90291
This Modern Architectural Home is a Strong Value Opportunity, listed at $1,975,000—positioned well below the $2,052,333 Fair Market Value by 3%. This valuation gap offers $77,333 in Instant Equity for the buyer. Boasting an Excellent Condition Rating (built 2021), the residence features a gourmet kitchen with GE Monogram appliances and an expansive primary terrace with city and mountain views. This turnkey property is an ideal acquisition for Owner-Occupants seeking a luxury coastal lifestyle or sophisticated professionals desiring a prime Silicon Beach residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2416 Penmar Avenue Subject 3 bd · 4 ba · 2,424 sqft · $847 | $1,975,000* List Price | 3 | 4 | 2,424 | $847 | - |
A 2414 Penmar Avenue Active 4 bd · 4 ba · 2,293 sqft · $957 · 0.0 mi | $2,195,000 List Price | 4 | 4 | 2,293 | $957 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is less than 5 years old and in mint condition. The gourmet kitchen features premium GE Monogram appliances and marble countertops, while the bathrooms showcase modern travertine tile and high-end fixtures. Systems are contemporary, including integrated surround sound and a water filtration system, requiring no maintenance.
Built in 2021, this home features high-end contemporary finishes including Fleetwood sliding doors, wide-plank oak floors, and a gourmet marble kitchen, offering a turnkey luxury lifestyle.
Ideally situated in a highly sought-after Venice neighborhood, the property is just blocks away from the vibrant shops and dining on Abbot Kinney Boulevard and the beach.
The residence maximizes coastal living with a ground-level courtyard, a main-level balcony, and an expansive top-level primary terrace featuring sweeping city and mountain views.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1380, living area = 2424.
With a lot size of only 1,380 square feet, the property lacks a traditional backyard, which may be a drawback for buyers prioritizing private outdoor green space.
The vertical, multi-level floor plan requires frequent stair usage to navigate between living zones, which may not appeal to all buyers or those with accessibility concerns.
Modern architectural home in the heart of Venice's Silicon Beach offering 3 bedrooms, 4 bathrooms, and 2,424 square feet of thoughtfully designed living space. Built in 2021, this multi-level residence blends contemporary design with effortless indoor-outdoor living just blocks from Abbot Kinney Boulevard and the beach. Bright and airy interiors showcase high ceilings, wide-plank oak floors, and expansive walls of glass that invite in abundant natural light and ocean breezes. The main living level is ideal for entertaining, featuring an open-concept layout with a spacious living room, dining area, powder room, and a gourmet kitchen appointed with custom cabinetry, marble countertops, and premium GE Monogram appliances. Fleetwood sliding glass doors create a seamless transition to a generous balcony, ideal for dining al fresco or hosting gatherings. The flexible floor plan includes three well-appointed bedrooms, each paired with beautifully finished bathrooms, offering comfort and versatility for a range of lifestyles. The top-level primary suite serves as a private retreat, complete with a walk-in closet and an expansive terrace capturing sweeping city and mountain views. The spa-inspired en suite bathroom features dual vanities and a glass-enclosed shower finished with travertine tile. A versatile ground-level living space opens to a lushly landscaped courtyard, providing a serene setting that can easily function as a media room, gym, or private home office. Additional highlights include integrated surround sound, a water filtration system, and a convenient upper-level side-by-side laundry area. Ideally located in one of Venice's most sought-after neighborhoods, this home is just moments from the shops, dining, and vibrant energy of Abbot Kinney, as well as the iconic Venice Beach. A rare opportunity to own a newer construction residence that embodies the best of coastal California living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 2.4 |
| Square foot | 2,424 | 1,674.03 |
| Lot Size | 1,380 | 4,310.258 |
| Price | $1.98M | $2.32M |
| Price per sq ft | $815 | $1.4K |
| Built year | 2021 | 1944 |
| HOA | $85.0 | $401 |
| Days on market | 44 | 61 |
Sep 10, 2026
$1,975,000
Initial Listing
Nov 8, 2022
$1,900,000
Public Record