2478 Penmar Ave - Dormitory FOR SALE
Venice, CA 90291 |
2478 Penmar Ave
Venice, CA 90291
HIGHLIGHTS
- 2478 Penmar Ave is fully occupied by a long-term corporate tenant with 3% annual increases.
- The tenant manages the property and is responsible for all maintenance, presenting a new owner with minimal overhead.
- The tenant, Haven Coliving, focuses on providing affordable housing options with wellness and engaged communities in mind.
- Near Venice’s renowned canals, Marina Del Ray, and the Venice Pier, with easy access to Venice Blvd and Lincoln Blvd.
- Property amenities include a gym/yoga studio, coworking space, outdoor space, and a rooftop deck with a spa.
- In walking distance to popular local eateries, bars, breweries, and national brands like McDonald’s, Costco, 7-Eleven, Chick-Fil-A, and more.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Haven Coliving - Penmar
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Dormitory
TOTAL BUILDING SIZE
7781
STORIES
3
YEAR BUILT
2019
PARKING SPACES
5
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
4236-004-042
