Assumable loan at 4.99%!!! Introducing 2478 1/2 Penmar Avenue, a luxury single family home with built-in smart home features located in Silicon Beach. 2478 1/2 is approximately 4,141sf. This home has 4 bedrooms & 4 baths while being uniquely designed for relaxed living and outdoor entertaining. 5 minutes away from Abbot Kinney Blvd, Venice beachfront, and Marina Del Rey. Mother-in-Law Suite in the first floor has spacious walking closet and individual bathroom. It can be as simple as a bedroom and private bath that has a individual door giving the suite privacy from the rest of the home. Large second floor is living and dining area that leads to outdoor courtyard brings a sophisticated combination of modern living intertwined with texture, warmth, raw simplicity, and earthy luxuriance. The third floor includes master room and 2 spacious bedrooms. Spacious and private rooftop deck with hot tub for your enjoying the city light view. Concrete heated floor through the entire house, white oak solid wood stairs, aluminum dual-panel and Low E & Argon gas energy-efficient windows keeping a constant temperature longer. The house features radiant floor heat system concrete floor, a 5-zone AC system, top-of-the-line appliance: Sub-Zero full size wine cell, Sub-Zero refrigerator, and Wolf gas range. It's a very prominent home in the prime location of Venice California. Current rent to a corporate tenant for $16,874/mo. Can be purchased as income producing property or delivered vacant. Assumable Loan at 4.99% Interest Only.