Public Records
Edition
Philadelphia2000 block of Penrose AveJuly 9, 2026

House report

2040 Penrose Ave

1,350 sqft · CA1 · built 1950

Investor / LLC · assessed $381K. On the 2000 block of Penrose Ave.

Street view of 2040 Penrose Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar
The story of this houseAI · written from the public record

Reading this house's deeds, permits and assessments…

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

Built 1950: lead rules apply

Federal law requires a lead-paint disclosure at sale for any pre-1978 home. If it will be rented, Philadelphia also requires a lead-safe or lead-free certificate before a rental license can issue.

The last transfer was not a sale

The most recent recorded deed moved for nominal consideration. That is where tangled-title problems live — budget a real title search. (Occupants untangling an inherited deed can get help from the city's Tangled Title Fund.)

If you’re the landlord

No active rental license on file

If this property is rented, Philadelphia requires a Rental License (via eCLIPSE) — without it a landlord cannot legally collect rent or evict, and tenants can withhold. Licensing needs tax clearance and no open violations.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Beverlea Enterprises · corporate / LLC owner

• Owns 11 properties across Philadelphia under this name, assessed at $6.1M combined

The investment read

How this house has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the analyst below to dig into any number.

Assessed value
$381K
built 1950
Price / sq ft
$282
block $79 · above block
Appreciation
+29%
+2%/yr, city 6.5%
In 5 years (~2031)
~$381K
+2%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$5K
1.4% effective
Gross yield
Times sold
0

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$5.0M$10MBefore this chart — 2008: Use 2011: 3 L&I violations 2013: Appeal granted 2013: Use 2013: Mechanical 2014: Suppression 2014: Plumbing 2014: Major alteration 2014: Electrical 2014: 3 L&I violations2022: Change of Use$381K201620222027
This houseBlock median & rangePermit
The paper trail

Owner pulled a change of use permit in 2022.

  1. 2008 UsePermit
  2. 2011 3 L&I violationsL&I
  3. 2013 Appeal grantedZoningUsePermitMechanicalPermit
  4. 2014 SuppressionPermitPlumbingPermitMajor alterationPermitElectricalPermit3 L&I violationsL&I
  5. 2022 Change of UsePermit

Flags: 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Interior
1,350 sqft
livable area
Lot
9,387 sqft
Exterior condition
Average
city code 4
Interior condition
Average
city code 4
Quality grade
B
assessor's grade
Zoning
CA1
city zoning code
Zoning appeals
1
granted 2013

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2040 Penrose Ave takes, at your price and your rate. Taxes are this house's actual bill from the city record; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$381K
20%
6.875%
$3K/mo
Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record.

Next door: 2033 Penrose Ave  ·  2001 Penrose Ave

Where this comes from

City datasets are fetched live from OpenDataPhilly (phl.carto.com) and cached briefly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)