15 days on rocket

2031 Penmar Ave, Venice, CA, 90291

$1,600,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
988 SqFt
$1,619/SqFt
House
Schools Nearby

Location

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2031 Penmar Ave, Los Angeles$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Year Built1923
HeatingForced Air
FireplaceLiving Room, Wood Burning
ViewNone
MLS #24393125
Lot Size0.10 Acres
StatusActive

About 2031 Penmar Ave

This 1923 Spanish bungalow with a detached guest house packs the charm, Venice-style. First time on the market in nearly 30 years, this sweet 2 bedroom/1 bath bungalow with a detached guest house in a quiet pocket of Venice has been lovingly and meticulously maintained while still retaining the original character with built-in dining room, hallway and kitchen cabinetry and casement windows that flank the wood-burning fireplace (see remarks) which open out to the garden, allowing the alluring tropical scents of Venice to waft in. The fully gated, low-maintenance front yard has three orange trees and plenty of room to carve out lounge and entertaining areas, plus a spacious shaded front porch. Original built-ins throughout provide sought-after storage. The spacious kitchen and back bedroom share a wood deck that steps out to the private backyard with a lemon, fig and pink orchid tree with room to create another entertaining area, your dream garden or whatever your heart desires. In addition, there is a studio guest house, complete with a kitchenette and a 3/4 bath that was previously rented out on Airbnb. The long driveway/carport can park three smaller cars or 2 1/2 big cars. There are splits in the living room and one bedroom of the main house which effectively cool the whole house on the hottest days. The roomy kitchen comes with a refrigerator, stove and dishwasher, and beyond that, a washer and dryer. The sewer line was replaced from house to street connection. Copper plumbing in main house. Main house roof, mini-splits and water heater are approx. two years old. Foundation has been bolted. Move in and live comfortably as-is, remodel, or investigate the development potential. Whatever your needs, this could be the one! Walk to Superba and Zinque on Lincoln, or, with summer around the corner, hop on your bike and head toward the beach. Your Venice lifestyle begins at 2031 Penmar Avenue! Property sold as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1923
  • Stories: 1
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (310) 829-0629
  • Listing Agent: Kelly Brumfield Woods

Interior Features

Interior Information:

  • Appliances: Dishwasher, Oven, Refrigerator, Dryer
  • Flooring Type: Wood
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Walgrove Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Lincoln, west of Walgrove, south of Rose, north of Venice. Nav to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $1,619/SqFt

Tax Information:

  • Annual Amount: $3,234
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2031 Penmar Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$1,600,000

+$613.5K More

$1,619/SqFt

+$987 More

KEY TAKEAWAY

This property is $613.5K more than the Median Sold Price and $987/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24393125

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (310) 829-0629
  • Listing Agent: Kelly Brumfield Woods

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 1996Home Sold
$170,000
Jan 30, 1990Home Sold
$306,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,234$255,770
2020$3,140$253,148
2019$3,079$248,185
2018$3,016$243,319
2017$3,016$238,549

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6105963
3
/10
  • Walgrove Avenue Elementary School

  • 1630 Walgrove Ave

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-6105964
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.58 miles

  • Public Magnet Grades KG-6

school-card-donut-6105965
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.79 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6105966
5
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 0.53 miles

  • Public Magnet Grades 6-8

school-card-donut-6105967
4
/10
  • Studio

  • 2211 W Avenue 30

  • 14.45 miles

  • Public District Grades 6-8

High School

school-card-donut-6105968
7
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 0.55 miles

  • Public Magnet Grades 9-12

school-card-donut-6105969
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.53 miles

  • Public Magnet Grades 9-12

school-card-donut-6105970
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 14.16 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,216. Typical income of Los Angeles, CA residents is between $100k-200k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2031 Penmar Ave

What is the listing price of this property?

The listing price of 2031 Penmar Ave property is $1,600,000.

What type of property is this?

The property 2031 Penmar Ave is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 2031 Penmar Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2031 Penmar Ave are:
Walgrove Avenue Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,234 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 16, 1996 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2031 Penmar Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2031 Penmar Ave is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2031 Penmar Ave is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles902912031 Penmar Ave

This home is located at 2031 Penmar Ave in Venice, CA and zip code 90291 in the East of Lincoln neighborhood. This 988 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,600,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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