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685-688 Westminster Ave
Venice, CA 90291
Land For Sale · 0.93 AC

INVESTMENT HIGHLIGHTS

  • One of the largest available residential assemblages west of Lincoln Boulevard.
  • AB 2334 & AB 2097
  • Possible use of SB 35 to get around the Coastal Commission.
  • TOC Tier 3
  • DDA & Highest Resource
  • 91 Walk-score: Walkers Paradise

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.93 AC
No. Stories 1
Zoning LARD-1.5 - Restricted Density RD1.5 allows for 1 unit/1,500 SF land. Tier 3 TOC offering 70% density bonus by right & 80% affordable dev, with no parking req.

DESCRIPTION

This Venice, CA property, situated at the highly visible corner of 7th and Westminster Avenues, comprises two parcels totaling approximately 40,456 square feet. This rare offering combines scale, location, and flexibility - essential elements for developers or owner-users seeking a transformative Venice project. An OM, Survey, Title Report and Covenants are available for review, please email for access to them. We will co-operate with all brokers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4239-019-021
  • 4239-024-001
Land Assessment
$15,559,638
Improvements Assessment
$613,836
Total Assessment
$16,173,474
  • Listing ID: 34875670

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 685-688 Westminster Ave, Venice, CA 90291

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