$1,845,000
●
House -
Off Market
2006 PENMAR Avenue
Venice, CA 90291
4 Beds
2 Baths,
1
Half Bath
2,429 Ft²
$2,622,193
RealtyHop Estimate
42.12%
Since May 1, 2020
CA-Los Angeles
Primary Model
About This Property
Gorgeous Venice home offering exquisite craftsmanship and
superb design elements throughout. Fully redesigned and
renovated with impeccable taste and materials, this home features
four large bedrooms, two and half bathrooms and a custom designed
outdoor shower. The first floor welcomes you with soaring ceilings
open living design with French oak floors throughout and fabulous
gourmet kitchen including quartz counter tops, large center island
with prep sink, and stainless steel Viking appliances , The kitchen
and family room with fireplace open to a large private patio and
yard for entertaining or simply enjoying the ocean breeze.
Upstairs you will find four bedrooms showcasing a master
suite with expansive walk in closet. The bath is spa inspired with
marble walk in shower, soak tub, double sinks and a custom vanity
all lit with a chic chandelier. This home is ideal for the Venice
lifestyle and perfect for indoor/outdoor entertaining, close to
eateries, boutiques and the beach!
Unit Size
2,429 Ft²
Days on Market
36 days
Land Size
-
Price per sqft
$760
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CLAW #20560084)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by Serhant California, Inc | $1,845,000 | |
| Listed by Serhant California, Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About West Los Angeles
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Listed by: Nancy Osborne, Serhant California, Inc
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 20560084
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 20560084
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