NOT LISTED FOR SALE

685 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated Value: $7,316,789

Studio
-- Bath
12,311 Sq Ft
$594/Sq Ft Est. Value

About This Home

Reimagining Venice Living with Scale and Style. This is an extraordinary opportunity to create a high-end townhome community in the heart of Venice, CA; a scale and vision rarely available in this market. Conceptual plan for 17 luxury townhomes. Anchoring the site is a distinctive A-frame church, a true neighborhood landmark ready to be reimagined. 12 units on 685 Westminster and 5 units on 688 Westminster.. Rare +/- 40,456 SF residential land sites west of Lincoln Boulevard supports multi-family or many other development options, buyer to perform all due diligence. 688 Westminster Apn# 4239-024-001is included in the sale and total site consists of 7 lots zoned LAR1.5 , Tier 3 TOC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Lp Venice Development Llc
Bought by
Community Corporation Of Santa Monica
Current Estimated Value
$7,316,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,389,877
Interest Rate
0.9%

Purchase Details

Closed on
Oct 28, 2020
Sold by
685 Westminster Holdings Llc
Bought by
1036 North Highland Management Llc

Purchase Details

Closed on
Feb 15, 2017
Sold by
First Baptist Church Of Venice
Bought by
685 Westminster Holdings Llc
Source: Public Records
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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
Community Corporation Of Santa Monica $11,800,000 Chicago Title Company
1036 North Highland Management Llc $6,628,000 Chicago Title Company
685 Westminster Holdings Llc $6,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Community Corporation Of Santa Monica $1,500,000
Open Community Corporation Of Santa Monica $10,620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2025 09/09/25 For Sale $9,000,000 -- --

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

Agents Affiliated with this Home

  • Christopher Jones

    Seller's Agent in 2025

    Christopher Jones

    Jesse Weinberg

    (310) 430-9918

    9 Total Sales

    Christopher Jones
    Section Image
  • Jeff Louks

    Seller Co-Listing Agent in 2025

    Jeff Louks

    Marcus & Millichap

    (818) 212-2700

    67 Total Sales

    Jeff Louks
    Section Image
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Map

California Los Angeles County Venice 90291 Venice

685 Westminster Ave, Venice, CA

Not Listed for Sale

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.

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