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2416 Penmar Avenue, Venice, CA 90291

$1.98M3bd · 4ba · 2,424 sqft
Lot 1,380 sqft•HOA $85/mo•Single Family Residence•
Active
•53d on market•MLS# 00-26986093

Property Description

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.

Features & Amenities

FeeBuilt 2021

Property Details

Land Type
Fee
Year Built
2021
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
City Lights, Mountain(s)
Flooring
Tile, Wood
City
Venice
Zip Code
90291
County
Los Angeles
Listed byCompass, F. Ron Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,986.67
Principal & Interest
Loan Amount
$1,580,000
Total Interest
$2,015,203
Total Payment Over 30 Years
$3,595,203
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2416 Penmar Avenue, Venice, CA 90291

Venice · Single Family Residence

$1.98M
Luxury Tier
Beds
3
Baths
4
Sqft
2,424
Lot
1,380 sqft
Year
2021
$/Sqft
$815
Pool: Yes✓
Spa: No✓
View: city✓

Listed 3.7% below the median closed sale of $2,050,000. Price per sqft ($815) is a 22% discount to closed comps ($1,045). Closed comps sold at 103% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.98M· $815/sqft
Total list price
Closed comps
vs closed median $2.05M
−$75K (−3.7%)
Active comps
vs active median $2.10M
−$120K (−5.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,113
−$298 (−26.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2414 Penmar AvenueVenice2021442,2931,202$957$2.19M11584
2421 Glyndon AvenueVenice1912432,0415,848$857$1.75M1856
805 Crestmoore PlaceVenice1922432,3644,200$952$2.25M6656
3009 Carter AvenueMarina del Rey1906421,5164,335$1,382$2.10M1055
1216 Elm StreetLos Angeles1948331,2544,400$1,415$1.77M6551
Total: 5 · Average3.83.01,893.63,997$1,112.6$2.01M54.8
Median2,041$2.10M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
656 Angelus PlaceVenice199505/15/2026322,0914,210$1.85M$2.10M$1,0041.145159
2317 WalgroveLos Angeles194704/30/2026431,5585,865$1.99M$1.97M$1,2630.995755
837 Venice BlvdVenice192008/25/2026432,1705,625$1.70M$1.70M$7831.007655
1100 Victoria AvenueVenice195007/24/2026331,7857,472$2.00M$2.25M$1,2611.135154
2124 Glyndon AvenueVenice192912/02/2025432,2405,771$2.25M$2.05M$9150.914353
Total: 5 · Average3.62.81,968.85,788.6$2.01M$2.01M$1,045.2—55.6
Median2,091$2.05M$2.05M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.