See Home Value
$2,900,000
● Land - Off Market

1209 Preston Way

Venice, CA 90291
bedrooms
Studio
bathrooms
0 Bath
$14,706
Est. Monthly

About This Property

Discover a unique opportunity to build your dream home on a rare 10,892 square foot lot nestled within one of Venice's most desirable neighborhoods known for its tranquil tree-lined streets and numerous new multi-million dollar luxury residences. The existing property has been cleared, making way for your new home in this prime location. The expansive lot dimensions are 63 feet wide by 174 feet deep. Embrace the chance to create a custom residence with amazing yard space suitable for a pool, lush garden and expansive play area that perfectly suits your lifestyle in this sought-after neighborhood where luxury and serenity meet.
Unit Size
-
Days on Market
120 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1945

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Last updated: 2 years ago (CLAW #24473179)

Price History

Date / Event Date Event Price
May 15, 2025 Sold
Sold
Jan 15, 2025 Listed by Compass $2,995,000
Listed by Compass
Apr 19, 2023 No longer available -
No longer available
Feb 16, 2023 In contract -
In contract
Jan 26, 2023 Listed by Keller Williams Realty Westside $2,399,000
Listed by Keller Williams Realty Westside
Incredible opportunity for builder or investor. Sold as land value only. This rare 10,892 sqft lot is located in one of the more desirable parts of Venice, surrounded by many multi-million dollar new construction homes. The property includes a vacant one bedroom, one bath, fixer home in front, and a converted garage in the back. The converted garage is currently occupied by a tenant and can be delivered with or without tenant. The manager has listed the unit size as 660 square feet.

Property Highlights


Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,892
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 630
  • Total Building Area: 660
  • Building Area: 660
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 660
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DURLEY PARK
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: DURLEY PARK LOT/SEC 102

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273100

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 49-D2
  • Parcel: 4244-026-003
  • Lot: 102
  • Municipality: WEST /MAR VISTA N.
  • Latitude: 34.0023
  • Longitude: -118.456

    Address

  • Full Address: 1209 Preston Way
  • Address - House Number: 1209
  • Address - Street Name: Preston
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Venice
  • Carrier Code: C023
  • 4-Digit Zip Code: 2943
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $228,394
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,978,159
  • High Value: 2,426,817
  • Low Value: 1,529,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,449
  • Assessed Land Value: $123,990
  • Assessed Improvements Value: $58,459

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 242858
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Los Angeles


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Nearby Rentals

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Unit for rent at 660 Rose Avenue, VENICE, CA, 90291

$6,795 /mo

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Unit for rent at 1900 20th Street, SANTA MONICA, CA, 90404

$8,900 /mo

  • 3 Beds
  • 3 Baths
1900 20th Street #B, SANTA MONICA, CA, 90404 Listing by Benjamin Donel


Frequently Asked Questions

When was property at 1209 Preston Way built and last sold?
The property at 1209 Preston Way was built in 1945 and last sold on Apr 6, 2023 for $2,485,000.
How much is this home worth?
The estimated value of the home located at 1209 Preston Way is $3,024,950.
What are some comparable homes to 1209 Preston Way?
There are currently no comparable homes to 1209 Preston Way.