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2319 Penmar Ave, Venice, CA, 90291

4beds
5baths
4,477sqft
$4,999,000
$1,117price/sqft
$31,784/moest. monthly cost
$1,271,360/yrincome needed

About This Home

Stunning modern home located in the heart of Venice! Close to everything Venice has to offer including Abbot Kinney and Rose ave shops, trendy restaurants, Venice beach boardwalk and Penmar golf course. Built in 2019, this recently constructed home features an open floor plan with 4 bedrooms, 5 bathrooms and over 4,400 square feet. This home is an entertainer's paradise with an oversized roof deck with panoramic views as well as an outdoor courtyard with soaking pool and Fleetwood style glass sliders for the perfect indoor/outdoor feel. The home features high ceilings and oversized windows that create an inviting ambiance with tons of natural light. Enjoy the spacious formal living room and family room perfect for entertaining. The designer chef's kitchen is equipped with Miele appliances, custom cabinets and a cascading marble island that overlooks the family room and backyard patio. Upstairs, the oversized master suite features a large walk-in closet and a spa-like bathroom with a freestanding soaking tub, dual vanity and glass shower. Additionally, there is a lounge area, laundry room and three additional ensuite bedrooms. Finally, the rooftop terrace offers a perfect spot to entertain guests or simply relax and enjoy the breathtaking views from the mountains to the ocean. With features such as a stunning floating staircase, numerous built-in smart home features, 2-car garage and driveway parking, this property is an exceptional find. Don't miss out on this Venice gem!

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
85
BikeVery Bikeable

Construction

Condition

  • Year built: 2019

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Water Line to Refrigerator,Refrigerator,Freezer,Range/Oven,Washer,Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Breakfast Area,Dining Area,Living Room
  • Flooring: Hardwood
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,477
  • Total interior livable area: 4,477 sqft

Property

Details

  • Parcel number: 4242002016
  • Zoning: LARD3
  • Special condition: Standard

Features

  • Levels: Multi/Split,Two
  • Stories: 2
  • Pool features: In Ground,Heated
  • Spa features: In Ground,Heated
  • Has view: Yes
  • View description: City
  • Waterfront features: None

Lot

  • Lot size: 5,405 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway,Garage - 2 Car,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,277$303,324
Home Insurance *$564$6,768
Property Taxes $4,983$59,796
Electricity $960$11,520
Total$31,784$381,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,089,737/yr
40% on housing$953,520/yr
45% on housing$847,573/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,117This listing

vs Other Active Listings

Avg $/sqft

ZIP 90291$1,096
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90291$1,334
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$4,999,000
2025-01-10Listing removed$30,000
2025-01-08Listed for rent$30,000
2024-11-16Listing removed$4,395,000
2024-08-15Listed for sale$4,395,000
2024-07-18Listing removed--
2024-05-01Price change$4,475,000
2024-01-27Listed for sale$4,675,000
2023-11-16Listing removed--
2023-09-19Listed for rent$23,750
2020-09-29Listing removed$3,999,000
2020-06-11Listed for sale$3,999,000
2020-01-13Listing removed$4,200,000
2019-11-11Price change$4,200,000
2019-08-08Price change$4,485,000
2019-07-12Listed for sale$4,800,000
2017-12-06Sold$2,175,000
2017-07-13Sold$1,925,000
2015-04-13Sold$1,250,000
2015-02-25Pending sale$1,199,000
2015-02-15Listed for sale$1,199,000
2004-07-21Sold$810,000

For Sale by Agent

AgentRobin Gaur
BrokerageCompass

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