$9,000,000

685 Westminster Ave Venice, CA 90291

Venice Neighborhood

Estimated payment $58,959/month

Total Views 5,858
0.67 Acre
$13,436,847 Price per Acre
29,176 Sq Ft Lot

Highlights

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

About This Lot

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

Listing Agent

Christopher Jones

Jesse Weinberg License #01747179 Listed on: 09/09/2025

Co-Listing Agent

Jeff Louks

Marcus & Millichap License #00908473

Property Details

Property Type

  • Land

Lot Details

  • 0.67 Acre Lot
  • Property is zoned LARD1.5

Property Views

  • City
  • Park or Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 4239-019-021

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.6698
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 731.05

Exterior Features

  • View: City, Park
  • View: Yes

Utilities

  • Cable: No
  • Electric: On Site
  • Telephone: No
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4239-019-021
  • Lot Description: 2-4 Lots
  • Lot Size Area: 40456

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/09/2025 09/09/25 For Sale $9,000,000 -- --
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
Source: Public Records

Source: The MLS

MLS Number: 25588661

The MLS

APN: 4239-019-021