NOT LISTED FOR SALE

1209 6th Ave Venice, CA 90291

Venice Neighborhood
0.11 Acre
-- Price per Acre
5,006 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $910,000 $852 Per Sq Ft

29 Days on Market

About This Lot

As of December 2021

We are proud to present this rare opportunity to build 2 units or homes at 1209 6th Avenue in Venice, California. Just one half mile from the world famous Venice Beach, this ideally located lot offers a total of 5,005 square feet of land (0.12 acres), and the RD1.5 zoning allows for 2 units or homes to be developed. The average new construction home in Venice sells for over $1,000 per square foot. With a max envelop of 9,163 SqFt allowed on this lot, a developer could build (2) 4,000 square foot homes on this lot, and then expect those two homes to sell for nearly $4M each. This development opportunity is ideal for the local developer looking to tap into one of the strongest rental and home sale markets in the country, and also for a savvy developer who knows how to navigate around the coastal and historic commissions.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 08/17/2021

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 08/17/2021

Property Details

Property Type

  • Land

Lot Details

  • 5,006 Sq Ft Lot
  • Property is zoned LARD1.5

Listing and Financial Details

  • Assessor Parcel Number 4239-026-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1149
  • State Abbrv: CA
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4239-026-001
  • Lot Size Area: 5006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
1St American Title Insurance C
Bought by
Goldman Sachs Bank Usa

Purchase Details

Closed on
Jun 13, 2014
Sold by
Aei Investments Llc
Bought by
Rockport Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2014
Sold by
Bethel Tabernacle Church Of God In Chris
Bought by
Aei Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goldman Sachs Bank Usa $1,167,227 First American Title Company O
Rockport Development Inc -- First American Title Company
Aei Investments Llc $1,200,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockport Development Inc $995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $910,000 -30.0% $852 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $1,300,000 -- $1,217 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,658 $965,699 $965,699 --
2024 $11,658 $946,764 $946,764 --
2023 $11,437 $928,200 $928,200 $0
2022 $10,909 $910,000 $910,000 $0
2021 $22,568 $1,895,872 $1,776,516 $119,356
2020 $22,805 $1,876,434 $1,758,301 $118,133
2019 $21,888 $1,839,642 $1,723,825 $115,817
2018 $21,800 $1,803,572 $1,690,025 $113,547
2016 $20,867 $1,733,539 $1,624,400 $109,139
2015 $20,559 $1,707,500 $1,600,000 $107,500
2014 -- $30,156 $14,777 $15,379
Source: Public Records

Agents Affiliated with this Home

  • Filip Niculete

    Seller's Agent in 2021

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    2 in this area

    103 Total Sales

    Filip Niculete
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-773898

The MLS

APN: 4239-026-001

California Los Angeles County Venice 90291 Venice

1209 6th Ave, Venice, CA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes