2480 Penmar Avenue 2
Venice, CA, 90291
$799,000
MLS: 25598955
Beds
2
Baths
3
Sq Ft
1,261
Lot
0.20 ac
Year Built
1982
MLS #
25598955
Days on Market
141
Listed
Oct 1, 2025
Description
Bright, spacious, and beautifully renovated, this 2-bedroom, 2.5-bathroom plus loft townhome is a must-see! The open kitchen, featuring all stainless-steel appliances, opens to a large living space with a cozy fireplace and sliding glass doors to a balcony offering treetop views.Both bedrooms feature en-suite bathrooms for added comfort and privacy, with a convenient powder room located downstairs for guests. The primary suite showcases soaring ceilings, a versatile loft, and its own private balcony and in unit washer and dryer. Step out the front door to a spacious common area, perfect for morning coffee or al fresco dining. The community also offers a larger shared common area, ideal for gatherings or relaxing outdoors. This intimate, gated enclave of just five townhomes is beautifully maintained and features a spa in a lush garden setting. Additional amenities include two tandem parking spaces and a private storage room in the garage.Ideally located near Lincoln and Washington, you'll be within easy reach of Venice Beach, Marina del Rey, and all the shopping, dining, and entertainment the Westside has to offer. *Property has been virtually staged.
Location
Venice, Los Angeles County, CA 90291
Open on Google Maps ↗Listed by: Laci Buller · Compass
Payment estimate
$5,850
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
- Principal & Interest
- $4,418
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $27,965 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.
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
Only large teams outsell Mike Watson · Keller Williams Realty
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