Ascension Estates
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1500 Louella Avenue
Active

$4,395,000

1500 Louella Avenue, Los Angeles, CA 90291

5Beds
5Baths
3,817Sq Ft
8Days on Market
Listed by Joe Nasr, Compass Listing contact: 424-299-9595
Price per sq ft$1,151
Built in2026
Lot size0.14 acres
Property typeSingle Family

Overview

Perched above the lush fairways and open green space of Penmar Park, Penmar Noir, a New Construction, is a bold architectural statement that redefines modern luxury in the heart of Venice. Wrapped in a dramatic black exterior, this custom-designed five-bedroom, five-bathroom residence commands attention while offering a rare sense of sophistication. Every inch of the home has been meticulously crafted with bespoke finishes and uncompromising attention to detail. Expansive walls of glass flood the interiors with natural light and frame picturesque park views, while seamlessly connecting indoor and outdoor living spaces. The open-concept floor plan is anchored by a designer chef's kitchen featuring custom cabinetry, premium appliances, and handcrafted stone surfaces that blend functionality with refined elegance. The luxurious primary suite serves as a private retreat, complete with a spa-inspired bathroom, oversized walk-in closet, and tranquil views overlooking Penmar's iconic greenery. Four additional bedrooms offer exceptional comfort and flexibility for family, guests, or work-from-home living. Outside, a resort-style courtyard awaits. A sparkling pool and curated outdoor entertaining spaces create the perfect setting for sun-soaked afternoons, al fresco dining, and unforgettable evenings under the stars. Mature landscaping enhances the sense of seclusion while complementing the home's striking contemporary architecture. Located moments from Venice's renowned beaches, Abbot Kinney, Rose Avenue, and some of the Westside's finest dining and shopping, Penmar Noir offers a rare opportunity to own a truly one-of-a-kind custom residence where architectural design, luxury craftsmanship, and an unparalleled location come together effortlessly.

See it in person

Kurt will walk you through it. No pressure, no runaround.

Kurt Mellinger | Equity Union Real Estate | DRE #02238998

Location

Approximate location of 1500 Louella Avenue, Los Angeles. Map data © OpenStreetMap contributors © CARTO.

Features

Property typeSingle Family Residence
Year built2026
Living area3,817 sq ft
Lot size0.14 acres
Bedrooms5
Bathrooms5 (4 full, 1 half)
Stories2
Private poolNot indicated
HOA feeNone listed
Price per sq ft$1,151
Days on market8
MLS #26873913

Estimated monthly payment

/ month
Principal & interest
Property tax (est.)
Home insurance (est.)
HOA / common charges
Down payment
Loan amount

These estimates are for informational purposes only and are not a loan offer, pre-qualification, or commitment to lend. Actual amounts will vary with your rate, credit, taxes, insurance, and HOA dues. Property tax and insurance figures are rough estimates, not the amounts assessed on this property. Confirm all figures with a licensed lender.

Similar properties

Based on information from California Regional Multiple Listing Service, Inc. as of August 28, 2026 at 3:02 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.