2247 Penmar Avenue
Venice, CA, 90291
$1,700,000
MLS: 26650563
Beds
3
Baths
1
Sq Ft
1,195
Lot
0.13 ac
Year Built
1925
MLS #
26650563
Days on Market
28
Listed
Apr 22, 2026
Description
Welcome to this timeless Venice residence set in the historic Penmar enclave of Venice, California, where classic California charm meets exceptional opportunity. Offered for the first time in decades, this 1925 single story home has been lovingly maintained and is poised for its next chapter. Inside, the home unfolds with grace and character. A generously scaled living room anchored by a functioning fireplace showcases original hardwood floors, flowing seamlessly into a formal dining room designed for intimate gatherings and elegant entertaining. A charming Den/Breakfast Nook leads into the kitchen, complemented by a separate laundry room. Outdoors, discover a private backyard sanctuary complete with blooming flower gardens, a lovely, coveted feature in Venice. The expansive grounds include a spacious patio ideal for alfresco dining, a storybook side porch, and effortless indoor-outdoor flow through a side entrance off the dining room-perfect for hosting family and friends or enjoying serene moments year-round. This property also offers gated rear parking and a detached single -car garage, providing flexibility for a private gym, home office, creative studio or additional storage, while enhancing privacy and security. Just moments from Venice's celebrated cafes, boutiques, and coastal energy, this home delivers a central Westside lifestyle. Whether envisioned as a refined personal residence, a luxury renovation or a strategic investment or developmental opportunity, this is a rare offering in one of Venice's most sought-after neighborhoods- a home rich in history, charm, and limitless potential.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Stephanie Landry · eXp Realty of California Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$12,530
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $170,000 · Loan: $1,530,000
Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,822
- Property tax (1.25%)
- $1,771
- Homeowners insurance
- $300
- Mortgage insurance
- $638
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 20, 2026
- 30-year fixed
- 6.65%
- 15-year fixed
- 5.95%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $59,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Venice, CA 90291 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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