Assumable Loan at 4.99% Interest Only. Introducing a prime investment opportunity in the vibrant and sought-after neighborhood of Venice, California. Presenting 2478 Penmar Avenue, a multifamily property that combines location, potential, and an impressive return on investment. Situated in the heart of Venice, this stunning property features an ideal layout with six spacious units, providing a total of eight bedrooms and eight bathrooms. With a total living space of 7,781 sf, each unit offers an abundance of natural light, contemporary finishes, and modern amenities, ensuring an exceptional living experience for tenants. The multifamily property at 2478 Penmar Avenue boasts a highly desirable location, just moments away from the iconic Venice Beach. Residents will enjoy easy access to the breathtaking coastline, the renowned Venice Boardwalk, and the bustling shops, cafes, and restaurants along Abbot Kinney Boulevard. This dynamic location provides a unique blend of beachside living and urban convenience, making it a coveted destination for tenants and ensuring high demand. Investors will appreciate the substantial income potential of this property. With the thriving rental market in Venice, combined with the desirability of this neighborhood, rental rates are strong, and vacancy rates are low. This makes 2478 Penmar Avenue an attractive investment option for those seeking steady cash flow and long-term appreciation. In addition to its excellent location and income potential, this multifamily property offers ample parking space, providing convenience for residents. The property also includes well-maintained common areas and landscaping, adding to the overall appeal and value. Whether you're an experienced investor looking to expand your portfolio or a discerning buyer seeking a lucrative opportunity, 2478 Penmar Avenue presents an exceptional chance to capitalize on the robust Venice real estate market. Don't miss out on this rare chance to own a prime multifamily property in one of the most desirable neighborhoods in Southern California. Contact our dedicated real estate team today to schedule a private viewing and secure your investment in this remarkable multifamily property. Act fast, as opportunities like this are in high demand and won't last long!