2040 Glencoe Ave Venice, CA 90291
Venice NeighborhoodEstimated payment $12,310/month
About This Lot
OFFERS DUE SUNDAY, AUGUST 17TH BY 5 PM. Elegant modern farmhouse project in the heart of Venice, ready to break ground! This 5,468 sq. ft. lot will be delivered with fully approved architectural and structural plans, as well as paid LA City permits, for a stunning 3,800 sq. ft. home featuring a 550 sq. ft. rear-attached ADU. The envisioned design features a dramatic two-story entry opening to a spacious living room, dining room, and kitchen/great room with pantry, family room, covered patio, powder room, and ADU all on the main floor. Upstairs, a grand staircase leads to three en-suite bedrooms and a luxurious primary suite with balcony. All surveys are complete, and site demolition is done. Seller is a seasoned developer with multiple Pacific Palisades builds and will construct the approved home for an end-user at a flat fee--a rare chance for a fully custom, turn-key Venice residence. Located just steps from Venice's best restaurants, cafes, and all the exciting energy the neighborhood has to offer.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,011
Lot Details
- 5,468 Sq Ft Lot
- Lot Dimensions are 42x131
- Property is zoned LAR1
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4242-015-015
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,011 | $327,495 | $235,821 | $91,674 |
| 2024 | $4,011 | $321,075 | $231,198 | $89,877 |
| 2023 | $3,938 | $314,780 | $226,665 | $88,115 |
| 2022 | $3,761 | $308,609 | $222,221 | $86,388 |
| 2021 | $3,707 | $302,559 | $217,864 | $84,695 |
| 2019 | $3,597 | $293,587 | $211,403 | $82,184 |
| 2018 | $3,553 | $287,831 | $207,258 | $80,573 |
| 2016 | $3,389 | $276,657 | $199,211 | $77,446 |
| 2015 | $3,340 | $272,502 | $196,219 | $76,283 |
| 2014 | $3,359 | $267,165 | $192,376 | $74,789 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2025 08/10/25 | For Sale | $2,198,000 | +29.3% | $578 / Sq Ft |
| 07/29/2025 07/29/25 | Sold | $1,700,000 | 0.0% | $1,348 / Sq Ft |
| 07/29/2025 07/29/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $1,700,000 | -- | $1,348 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,700,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | United Title | |
| Grant Deed | $181,000 | United Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,360,000 | New Conventional | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $220,000 | Unknown | |
| Previous Owner | $188,603 | New Conventional | |
| Previous Owner | $162,900 | No Value Available |
Source: The MLS
MLS Number: 25578653
APN: 4242-015-015
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© 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.
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