
2416 Penmar Avenue, Venice, CA 90291
2416 Penmar Avenue, Venice, CA 90291
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
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Venice · Single Family Residence
Listed 31.8% below the median closed sale of $2,895,000. Price per sqft ($815) is a 26% discount to closed comps ($1,097). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2414 Penmar Avenue | Venice | 2021 | 4 | 4 | 2,293 | 1,202 | $957 | $2.19M | 94 | 84 |
| 2120 Narcissus Court | Venice | 2003 | 2 | 4 | 2,969 | 1,936 | $941 | $2.79M | 53 | 72 |
| 722 California Avenue | Venice | 1925 | 4 | 3 | 2,617 | 5,376 | $1,318 | $3.45M | 31 | 68 |
| 663 Vernon Avenue | Venice | 2017 | 3 | 3 | 2,160 | 2,207 | $993 | $2.15M | 31 | 65 |
| 2515 Lincoln Boulevard | Venice | 2013 | 3 | 3 | 2,801 | 1,866 | $964 | $2.70M | 199 | 60 |
| Total: 5 · Average | 3.2 | 3.4 | 2,568 | 2,517.4 | $1,034.6 | $2.66M | 81.6 | |||
| Median | 2,617 | $2.70M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 621 Mildred Avenue | Venice | 2016 | 05/19/2026 | 3 | 4 | 2,766 | 2,001 | $3.15M | $2.90M | $1,050 | 0.92 | 35 | 76 |
| 812 Brooks Avenue | Venice | 2013 | 07/02/2026 | 3 | 4 | 2,092 | 2,178 | $2.60M | $2.48M | $1,188 | 0.96 | 48 | 73 |
| 651 Oxford Avenue | Venice | 2016 | 07/14/2026 | 3 | 4 | 2,467 | 2,501 | $3.20M | $3.15M | $1,277 | 0.98 | 60 | 71 |
| 620 Harbor Street | Venice | 1986 | 06/11/2026 | 3 | 3 | 2,316 | 4,500 | $1.85M | $1.90M | $820 | 1.03 | 136 | 70 |
| 513 Grand Boulevard | Venice | 2001 | 10/02/2026 | 4 | 4 | 2,522 | 2,701 | $3.00M | $2.90M | $1,148 | 0.97 | 111 | 64 |
| Total: 5 · Average | 3.2 | 3.8 | 2,432.6 | 2,776.2 | $2.67M | $2.67M | $1,096.6 | — | 78 | ||||
| Median | 2,467 | $2.90M | $2.90M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.