$8,995,000
$4M PRICE DROP

685 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated payment $61,235/month

Total Views 3,867
0.67 Acre
$13,429,382 Price per Acre
29,176 Sq Ft Lot

Highlights

  • 0.67 Acre Lot
  • Views
  • 4-minute walk to Oakwood Park
  • Broadway Elementary Rated A-

About This Lot

$3,500,000 price reduction. Presenting a landmark acquisition opportunity in Venice with two adjacent parcels totaling 40,456 square feet - one of the largest available residential assemblages west of Lincoln Boulevard. The property spans seven lots across both sides of Westminster Avenue: 1) 685 Westminster: 29,170 SF parcel featuring a 12,313 SF church building with parking. 2) 688 Westminster: 11,286 SF parking lot parcel * Both parcels zoned RD1.5-1 *Must be sold together. Location Highlights: This Prime Venice location, with walking distance to the iconic Abbot Kinney Boulevard presents an ultra rare opportunity. Development Potential: The property offers multiple possibilities for visionary buyers, from ground-up residential development to creative adaptive reuse of the existing church structure. This rare offering combines scale, location, and flexibility - essential elements for developers or owner-users seeking a transformative Venice project.

Listing Agent

Peter Ciriello

LA Commercial License #01418188 Listed on: 03/19/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $146,691

Lot Details

  • 0.67 Acre Lot
  • Property is zoned LARD1.5

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4239-019-021

Property Details

Property Type

Land

Est. Annual Taxes

$146,691

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.6698
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4239-019-021
  • Lot Size Area: 40456

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $146,691 $12,276,720 $11,662,884 $613,836
2024 $146,691 $12,036,000 $11,434,200 $601,800
2023 $112,835 $9,215,863 $8,799,703 $416,160
2022 $107,594 $9,035,160 $8,627,160 $408,000
2021 $106,291 $8,858,000 $8,458,000 $400,000
2019 $106,025 $8,843,400 $8,427,240 $416,160
2018 $105,192 $8,670,000 $8,262,000 $408,000
2016 $1,311 $531,002 $60,867 $470,135
2015 $1,311 $523,027 $59,953 $463,074
2014 $1,355 $512,783 $58,779 $454,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $8,995,000 -28.0% --
03/19/2025 03/19/25 For Sale $12,500,000 0.0% --
02/27/2025 02/27/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $12,500,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $11,800,000 Chicago Title Company
Grant Deed $6,628,000 Chicago Title Company
Grant Deed $6,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 No Value Available
Open $10,620,000 New Conventional
Previous Owner $425,000 Commercial
Previous Owner $625,000 Commercial
Previous Owner $2,625,000 Commercial
Previous Owner $105,000 Commercial
Previous Owner $800,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $278,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 25503097

The MLS

APN: 4239-019-021

California Los Angeles County Venice 90291 Venice

685 Westminster Ave, Venice, CA

This home is located at 685 Westminster Ave, Venice, CA 90291 and is currently priced at $8,995,000. 685 Westminster Ave is a home located in Los Angeles County with nearby schools including Broadway Elementary, Westminster Avenue Elementary School, and Mark Twain Middle School.

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.

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Peter Ciriello
Listing Agent
Peter Ciriello
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LA Commercial
(424) 667-2318