1900 Penmar Avenue, Venice, California 90291, Venice, 90291 - 4 bed, 5 bath

1900 Penmar Avenue, Venice, California 90291 home-pic-0
ACTIVE$2,995,000
1900 Penmar Avenue, Venice, California 90291
4Beds
5Baths
3,411Sqft
2,867Lot

Price Vs. Estimate

The estimated value ($2,995,000) is $0 (0%) lower than the list price ($2,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction: Built in 2021, the property offers modern construction and updated features, minimizing potential maintenance issues.
Top Cons:
Motivated Seller/Time Constraint: The motivated seller and the property being pulled off the market by the end of July may indicate underlying issues or pressure to sell quickly, potentially raising concerns for buyers.

Compared to the nearby listings

Price:$3.00M vs avg $2.29M (+$704,500)77%
Size:3,411 sqft vs avg 1,831.5 sqft89%
Price/sqft:$878 vs avg $1.3K11%

More Insights

Built in 2021 (4 years old).
Condition: The property was built in 2021, so it is relatively new. The listing describes a modern Italian kitchen with premium Fisher & Paykel appliances, custom cabinetry, and porcelain island. The bathrooms feature dual Italian vanities and luxurious floating tubs. The images confirm the high-end finishes and modern design throughout the house. The property appears to be in excellent condition.
Year Built
2021
Close
-
List price
$3M
Original List price
$3.15M
Price/Sqft
$878
HOA
-
Days on market
-
Sold On
-
MLS number
25554899
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Panoramic
Deck
Patio
ViewCity Lights,Mountain(s),Panoramic

About this home

Motivated seller - property will be pulled off market if not under contract by end of July. Unparalleled Value - Lowest $/SqFt in Venice and Mar Vista, Newer Build. Experience the pinnacle of contemporary luxury in this newly built Venice Beach retreat, boasting an expansive 3,411 square foot layout capturing stunning panoramic views of treetops, mountains, and city lights through vast walls of windows. Sunlight cascades throughout every room, enhancing the home's sophisticated yet inviting ambiance. At the heart of the home lies an exquisite Italian kitchen, adorned with premium Fisher & Paykel appliances, elegant built in shelving, custom cabinetry, and a porcelain island that seamlessly transitions into a wraparound breakfast bar ideal for casual gatherings. Step through sliding glass doors onto the oversized private deck, a perfect setting for sunlit relaxation or stylish entertaining. 8.5" wide plank oak flooring gracefully unifies the spacious dining and living areas, highlighted by an inviting built in fireplace, creating an airy and open environment suited to both intimate gatherings and lively social events. The primary suite serves as a tranquil sanctuary, offering a generous balcony, a meticulously crafted Italian walk in closet, and a lavish bathroom featuring dual Italian vanities and a luxurious floating tub within a stunning porcelain clad shower. Two additional bedrooms provide exceptional comfort, each complemented by custom Italian millwork closets and private en suite baths. Versatile living spaces abound, including a 4th bedroom suite ideal as a private guest room, dedicated office, or home gym. The expansive family room opens effortlessly onto an outdoor patio, extending the living area and embracing indoor outdoor harmony. Modern amenities elevate your lifestyle with smart home automation featuring app controlled lighting, integrated Sonos sound system, five Lorex security cameras, DoorBird entry, alarm system, prewired solar, EV charger readiness, a rough in for an elevator if needed, and a spacious two car garage. Nestled just moments from the vibrant energy of Abbot Kinney, indulge in Venice Beach's premier dining, boutique shopping, and cultural hotspots, making this home an unparalleled blend of luxury, comfort, and iconic coastal living.

Price History

Date
Event
Price
01/13/22
Sold
$2,830,000
12/06/21
Sold
$2,675,000
07/02/15
Sold
$2,205,500
Condition Rating
Excellent

The property was built in 2021, so it is relatively new. The listing describes a modern Italian kitchen with premium Fisher & Paykel appliances, custom cabinetry, and porcelain island. The bathrooms feature dual Italian vanities and luxurious floating tubs. The images confirm the high-end finishes and modern design throughout the house. The property appears to be in excellent condition.
Pros & Cons

Pros

New Construction: Built in 2021, the property offers modern construction and updated features, minimizing potential maintenance issues.
Panoramic Views: The property boasts stunning panoramic views of treetops, mountains, and city lights, enhancing its desirability and market value.
Gourmet Kitchen: The exquisite Italian kitchen with premium Fisher & Paykel appliances, custom cabinetry, and a porcelain island is a major selling point.
Smart Home Features: Equipped with smart home automation, including app-controlled lighting, Sonos sound system, and security cameras, providing convenience and security.
Prime Location: Located moments from Abbot Kinney, offering easy access to premier dining, boutique shopping, and cultural hotspots in Venice Beach.

Cons

Motivated Seller/Time Constraint: The motivated seller and the property being pulled off the market by the end of July may indicate underlying issues or pressure to sell quickly, potentially raising concerns for buyers.
Price Reduction: The recent price reduction from the original list price may suggest the property was initially overpriced or is facing challenges in attracting offers.
Small Lot Size: The lot size of 2,867 sqft is relatively small, which may limit outdoor space and potential for future expansion.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state