2478 1/2 Penmar Avenue

Description

Experience the ultimate in modern Venice living with this striking 4-bedroom, 3.5-bath new construction home, completed in 2019. Boasting an expansive 4,100 sq ft, this thoughtfully designed residence seamlessly blends contemporary style and sustainability. Concrete floors, steel framing, and energy-efficient solar set the tone for a bright, open-concept layout that invites natural light throughout. Entertain with ease in the spacious living areas or retreat to one of the sunlit courtyards for a moment of tranquility. A highlight of this home is the impressive rooftop deck, outfitted with a hot tub, where you can take in sweeping city views. Located just steps from Venice's trendiest shops, acclaimed dining, and the iconic beach, you'll be able to immerse yourself in the neighborhood's vibrant culture with ease. Flexible Ownership Options: The property currently has a tenant in place until April 2025, but can be delivered vacant for those seeking an immediate move-in or new tenant. Alternatively, if you're looking for an investment opportunity, the existing lease can remain in place, providing immediate rental income. Bonus Opportunity: A similar, slightly smaller property is also available (MLS# 25-484797). Both can be purchased together for $7.9M. A rare chance to expand your real estate portfolio in one of Los Angeles' most coveted neighborhoods. Don't miss this opportunity to own a piece of Venice's contemporary coastal lifestyle.

Listing information courtesy of: Shelby Church, RealiFi Realty, Inc. 253-202-3784. *Based on information from the Association of REALTORS/Multiple Listing as of 01/26/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.