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1805 Penmar Ave, Venice, CA 90291

List Price: $6,500On Market FlagOn market
Apr 30, 2025994 sqft1 beds2 baths
Listed by: Adam Cohen
License #: 01976896
Phone #: 818-903-6097
Compass
Source:
CRMLS Logo
MLS #: 25530119

Property Description

Newly constructed single-family 1 bedroom and 1.5 bath home situated in historic Venice bungalow courtyard. Rare opportunity to be the first resident in a brand-new reimagined Venice bungalow. Approximately 1000 square ft open floorplan spread over two floors. Skylit interiors with European oak floors throughout. A true gourmet kitchen with a generous center island and restaurant quality Subzero fridge and Wolf convection range and oven. First floor powder room featuring Kelly Wearstler tile. Upstairs features a large primary suite with generous vaulted ceilings and spa-like primary bath with flamed granite floors, honed marble showers and a Toto Neorest toilet. The home was built to showcase the comfort, security and entertainment of some of the world's finest hotels. Includes Cat6 wiring, Control4 home automation and architectural inwall speakers throughout the home. The homes are situated in a secure and gated historic Venice courtyard with tranquil fountains and California native landscaping. House includes versatile detached flex space. Approximately 200 sq ft with 12-foot ceilings and operable skylights that could function as a remote workspace, creative studio, gym or parking. Locations convenient to Abbot Kinney, Rose, the Venice boardwalk, Marina Del Rey and countless world class restaurants, bars and shopping. (Photos may be of similar unit). Square footage includes garage/flex space totaling roughly 195 square feet.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,894

TurboHome Estimated Value

$1,399,700

$1,408 sqft

High Valuation
$1,469,685
$1479/sqft
Normal Valuation
$1,399,700
$1408/sqft
Low Valuation
$1,329,715
$1338/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1408/sqft$1,399,700

Neighborhood: Venice

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Comparative Value

$7K

$1.35M

$1.65M

$1.85M

1805 Penmar Ave, Venice, CA 90291

List Price: $6,500

Subject Property

857 Milwood Ave, Venice, CA 90291

Sale Price: $1,349,999

Selected Comparable

636 Vernon Ave, Venice, CA 90291

Sale Price: $1,650,000

Selected Comparable

1018 Oakwood Ave, Venice, CA 90291

Sale Price: $1,697,500

Selected Comparable

2306 Glyndon Ave, Venice, CA 90291

Sale Price: $1,700,000

Selected Comparable

1512 Glenavon Ave, Venice, CA 90291

Sale Price: $1,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1805 Penmar Ave, Venice, CA 90291

1805 Penmar Ave, Venice, CA 90291

List: $6,500

Listed: 4/30/2025

Area:994 sqft
Price/sqft:$7
Beds:1
Baths:2
Year Built:
Lot Size:1,321

Comparable Properties

COMPARABLE
Choose comps
1018 Oakwood Ave, Venice, CA 90291

1018 Oakwood Ave, Venice, CA 90291

Sale: $1,697,500

5/4/20250.58 mi

Area:984 sqft
Price/sqft:$1,725
Beds:2
Baths:2
Year Built:
Weight:22.6%
857 Milwood Ave, Venice, CA 90291

857 Milwood Ave, Venice, CA 90291

Sale: $1,349,999

5/16/20250.48 mi

Area:843 sqft
Price/sqft:$1,601
Beds:2
Baths:2
Year Built:
Weight:20.3%
636 Vernon Ave, Venice, CA 90291

636 Vernon Ave, Venice, CA 90291

Sale: $1,650,000

8/16/20240.76 mi

Area:1,044 sqft
Price/sqft:$1,580
Beds:2
Baths:2
Year Built:
Weight:19.4%
2306 Glyndon Ave, Venice, CA 90291

2306 Glyndon Ave, Venice, CA 90291

Sale: $1,700,000

8/14/20240.49 mi

Area:816 sqft
Price/sqft:$2,083
Beds:1
Baths:1
Year Built:
Weight:19.2%
1512 Glenavon Ave, Venice, CA 90291

1512 Glenavon Ave, Venice, CA 90291

Sale: $1,850,000

6/30/20250.32 mi

Area:850 sqft
Price/sqft:$2,176
Beds:2
Baths:1
Year Built:
Weight:18.6%

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