Los Angeles County  »  90291  »  Preston Way  »  1240 Preston Way

1240 Preston Way, Venice, CA 90291 - Property report

Also known as: 1240 Preston Way

Property image for 1240 Preston Way, Venice, CA 90291
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Property type

Single Family Residence with Pool (0101)

Year built

1965

Acreage

0.25

Sale price

$5,150,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1240 Preston Way
Venice, CA 90291
Zip code
90291
Neighborhood
Venice
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 1240 Preston Way, Venice, CA 90291. Uncover corporate and individual owners with a free account.

Building
Property type
Single Family Residence with Pool
Building sq. ft.
5,481
Buildings on lot
1
Year built
1965
Last altered
Bedrooms
5
Bathrooms
7
HVAC
Central refrigeration & heating
Pool
Yes
Sales
Sale date
04/14/2017
Sale price
$5,150,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$73,838
Tax per sq. ft.
$13
Zoning & use
Zoning
One-Family Residential (R1V2)
Units
1
Lot
Acreage
0.25

Area overview

Walk score
64 /100.  Somewhat Walkable
Transit score
45 /100.  Some Transit
Bike score
75 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No
Ownership

Ownership information for 1240 Preston Way, Venice, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1240 Preston Way, Venice, CA 90291

Sale date Sale price Buyer name Seller name
04/14/2017 $5,150,000 XXXX XXXXXX X XXXXXXX; XXXXXXX XXX XXXXXX XXXX XXXXX; XXXX XXXXXXX X XXXXXXX XXX XXXXXXXXXXX XXXX XX XX
01/07/2016 $2,540,000 XXX XXXXXXXXXXX XXXX XX XX XXXXXX XXXXXXXX XXXXXXXX XXXXX; XXXXXXXX XXXXX X XXXXXXX; XXXXXXXXX XXXXX X XXXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
05/08/2020 Trust Deed XXXX XXXXXX X XXXXXXX XXXXXX XXXXXXX XXXXXXX XXXX
05/04/2017 Reconveyance XXXXXX XXXXX XX XXX XXXXXXXXXXX XXXX XX XX
05/04/2017 Reconveyance XXXXXX XXXXX XX XXX XXXXXXXXXXX XXXX XX XX
04/14/2017 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXX XXXXXXXXXXX XXXX XX XX XXXX XXXXXX X XXXXXXX
11/30/2016 Notice Completion XXXXXX XXXXX XXXXXXX XXX
01/15/2016 Notice XXX XXXXXXX XXXX XXXXXXX XXX XXXXXXXXX XXXXXXXXXX
01/15/2016 Assignment Trust Deed XXXXXX XXXXX XX XXXXXX XXXXXX X XXX
01/14/2016 Assignment Trust Deed XXXXXX XXXXX XX XXXXXX XXXXXX X XXX
01/07/2016 Assignment of Rents
Financing Statement
Trust Deed		 XXX XXXXXXXXXX XXXX XX XX XXXXXX XXXXX XX
01/07/2016 Assignment of Rents
Trust Deed		 XXX XXXXXXXXXXX XXXX XX XX XXXXXX XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1240 Preston Way, Venice, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$73,838
Current property tax
$74,631
Tax per sq. ft.
$13
Recent tax assessments
Market value
$6,218,483
Land value
$3,622,418
Building value
$2,596,065

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $6,096,553 1.1874 $72,390 +0.95%
2024-2025 $5,977,013 1.1997 $71,706 +2.03%
2023-2024 $5,859,818 1.1994 $70,283 +4.97%
2022-2023 $5,744,920 1.1655 $66,957 +1.16%
2021-2022 $5,632,276 1.1752 $66,191 -1.06%
2020-2021 $5,574,524 1.200129 $66,901 +6.33%
2019-2020 $5,358,060 1.174279 $62,919 +0.14%
2018-2019 $5,253,000 1.196 $62,828 +33.64%
2017-2018 $3,940,540 1.193 $47,012 +1631.34%
2016-2017 $227,825 1.1918 $2,715 +1.51%

Special assessments & penalties for 1240 Preston Way, Venice, CA

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 1240 Preston Way, Venice, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
10/08/2019
06/21/2018
04/27/2016
04/27/2016
01/20/2016

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1240 Preston Way, Venice, CA 90291 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Walgrove Avenue Elementary School 5 Public K-5 240 0.27
Broadway Elementary School 10 Public K-5 511 0.47
Acton Academy Venice Beach NR Private 1-12 0 0.59
Venice Luthern School NR Private K-8 62 0.66
Beethoven Street Elementary School 7 Public K-5 309 0.68
Coeur D'Alene Avenue Elementary School 7 Public K-5 414 0.85
St. Mark School NR Private PK-8 310 0.89
St. Mark School NR Private PK-8 310 0.89
VENICE LUTHERAN SCHOOL NR Private K-8 65 0.89
Venice Skills Center NR Public 0 1.10
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Acton Academy Venice Beach NR Private 1-12 0 0.59
Mark Twain Middle School and World Languages Magnet 5 Public 6-8 896 0.59
Venice Luthern School NR Private K-8 62 0.66
St. Mark School NR Private PK-8 310 0.89
VENICE LUTHERAN SCHOOL NR Private K-8 65 0.89
Acton Academy Venice Beach NR Private 1-12 19 0.89
Venice Skills Center NR Public 0 1.10
John Adams Middle School 6 Public 6-8 837 1.12
Santa Monica-Malibu Adult NR Public 0 1.32
James J. Mcbride Special Education Center NR Public 6-12 144 1.40
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Acton Academy Venice Beach NR Private 1-12 0 0.59
Animo Venice Charter High School 5 Charter 9-12 414 0.60
Venice Senior High School 7 Public 9-12 2,107 0.68
Phoenix Continuation School 2 Public 9-12 59 0.89
Acton Academy Venice Beach NR Private 1-12 19 0.89
Venice Skills Center NR Public 0 1.10
Santa Monica-Malibu Adult NR Public 0 1.32
Olympic High (Continuation) School 2 Public 9-12 34 1.35
James J. Mcbride Special Education Center NR Public 6-12 144 1.40
Wildwood School NR Private K-12 756 1.53

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 1240 Preston Way, Venice, CA

1800 Penmar Ave, Venice 1239 Palms Blvd, Venice 1234 Preston Way, Venice 1301 Palms Blvd, Venice 1827 Glyndon Ave, Venice 1233 Palms Blvd, Venice 1228 Preston Way, Venice 1835 Glyndon Ave, Venice 1222 Preston Way, Venice 1806 Penmar Ave, Venice 1252 Preston Way, Venice 1251 Palms Blvd, Venice 1810 Penmar Ave, Venice 1840 Glyndon Ave, Venice 1258 Preston Way, Venice 1245 Palms Blvd, Venice 1218 Preston Way, Venice 1257 Palms Blvd, Venice 1814 Penmar Ave, Venice 1246 Preston Way, Venice

Nearby ZIP codes for 1240 Preston Way, Venice, CA

90024, Los Angeles County, CA 90034, Los Angeles County, CA 90045, Los Angeles County, CA 90064, Los Angeles County, CA 90073, Los Angeles County, CA 90095, Los Angeles County, CA 90293, Los Angeles County, CA 90401, Los Angeles County, CA 90402, Los Angeles County, CA 90403, Los Angeles County, CA 90404, Los Angeles County, CA 90405, Los Angeles County, CA

Frequently asked questions

What is the year built for 1240 Preston Way, Venice, CA 90291?

The development at 1240 Preston Way, Venice, CA 90291 was built in 1965.

What is the total square footage of 1240 Preston Way, Venice, CA 90291?

1240 Preston Way, Venice, CA 90291 has a total of 5,481 square feet.

When was 1240 Preston Way, Venice, CA 90291 last sold and what was the sale price?

1240 Preston Way, Venice, CA 90291 was last sold on 04/14/2017 for $5,150,000.

What is the assessed value of 1240 Preston Way, Venice, CA 90291?

1240 Preston Way, Venice, CA 90291 is currently assessed at $6,096,553.

What are the property taxes for 1240 Preston Way, Venice, CA 90291?

The property taxes for 1240 Preston Way, Venice, CA 90291 total $72,390.

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