FULLY READY TO ISSUE (RTI)!!!!!! Introducing "The VC APEX" a rare FULLY READY TO ISSUE (RTI) opportunity to acquire a design forward and wellness inspired development project in the iconic, highly desirable, and supply constrained Venice Canals, one of the most sought after and recognizable enclaves in all of Venice. Situated along a prime walk street within this historic approximately 350 home community, this offering delivers both vision and velocity for a ground up architectural residence. The property will be delivered with ready to issue (RTI) plans for an approximately 3,600 square foot contemporary masterpiece with rooftop deck. This presents a unique ability to avoid years of Coastal Commission timing, costs, and uncertainty, allowing a buyer to move directly into construction upon close of escrow and accelerate the path to completion. Ideally positioned near Linnie Canal Park and just moments from the beach, Abbot Kinney, and Main Street, the location captures the essence of coastal Venice living. Set along a quiet pedestrian walkway with views toward the Dell Bridge and surrounding greenery, the site offers an exceptional backdrop for a private, architecturally significant residence. A rare opportunity also exists to acquire the adjacent properties at 408 and 410 Linnie Canal, both available for sale, creating the potential for a double or triple lot compound. If pursued, the assemblage unlocks meaningful scale, expanded outdoor living, and the ability to create a truly bespoke canal front estate, a rarity and true outlier within the Venice Canals. Recent sales of fully dialed new construction homes within the Venice Canals have ranged between approximately $1400 and $1700 per square foot, reinforcing the strong demand for modern canal properties and presenting a compelling opportunity for investor upside or end users seeking to build equity through a custom residence. With extremely limited inventory and a streamlined path to development, "The VC APEX" offers a rare chance to create a legacy property in one of Los Angeles' most coveted coastal neighborhoods.
Lot/land
$2,095,000
404 Linnie Canal, Venice, CA 90291
--beds
--baths
2,848Square Feet
Unimproved Land
Built in ----
2,848 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 34 days
- 326
- 9
Zillow last checked:
Listing updated:
Listed by:
Oliver Thornton DRE # 01969227 310-704-1794,
Hollywood Estates 310-704-1794,
RC Thornton DRE # 01266660 310-210-5315,
Hollywood Estates
Source: CLAW,MLS#: 26864921
Facts & features
Property
Features
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
Lot
- Size: 2,848 Square Feet
- Dimensions: 30 x 95
Details
- Parcel number: 4227008039
- Zoning: LARW1
- Special conditions: Standard
Community & HOA
Location
- Region: Venice
Financial & listing details
- Tax assessed value: $2,056,619
- Date on market: 7/27/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,446/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $2,095,000 |
Source: | ||
| 7/27/2026 | Listing removed | $2,095,000 |
Source: | ||
| 5/5/2026 | Listed for sale | $2,095,000+4.8% |
Source: | ||
| 2/1/2026 | Listing removed | $2,000,000 |
Source: | ||
| 10/8/2025 | Price change | $2,000,000-2.4% |
Source: | ||
| 9/9/2025 | Price change | $2,050,000-6.6% |
Source: | ||
| 4/29/2025 | Listed for sale | $2,195,000-0.2% |
Source: | ||
| 4/7/2025 | Listing removed | $2,199,999 |
Source: | ||
| 4/5/2025 | Listed for sale | $2,199,999-65.6% |
Source: | ||
| 5/14/2023 | Listing removed | $6,400,000 |
Source: | ||
| 5/9/2022 | Pending sale | $6,400,000 |
Source: | ||
| 3/15/2022 | Listed for sale | $6,400,000+256.5% |
Source: | ||
| 12/22/2021 | Listing removed | -- |
Source: | ||
| 12/1/2021 | Pending sale | $1,795,000 |
Source: | ||
| 9/3/2021 | Listed for sale | $1,795,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,056,619 +2% |
| 2025 | $24,022 +1% | $2,016,294 +2% |
| 2024 | $23,790 +2% | $1,976,760 +2% |
| 2023 | $23,323 +13.9% | $1,938,000 +10.7% |
| 2022 | $20,475 -23.3% | $1,750,000 -22.7% |
| 2021 | $26,691 -1.1% | $2,265,013 +1% |
| 2020 | $26,976 | $2,241,789 +2% |
| 2019 | $26,976 +4.4% | $2,197,833 +2% |
| 2018 | $25,849 | $2,154,739 +2% |
| 2017 | $25,849 +2.3% | $2,112,490 +2% |
| 2016 | $25,280 +2.1% | $2,071,069 +1.5% |
| 2015 | $24,755 +1364.4% | $2,039,960 +1446.7% |
| 2014 | $1,690 | $131,889 +2.5% |
| 2012 | -- | $128,720 +2% |
| 2011 | -- | $126,197 +0.8% |
| 2010 | -- | $125,255 -0.2% |
| 2009 | -- | $125,554 +2% |
| 2008 | -- | $123,093 +2% |
| 2007 | -- | $120,680 +2% |
| 2006 | -- | $118,314 |
| 2005 | -- | $118,314 +4% |
| 2004 | -- | $113,721 +1.9% |
| 2003 | -- | $111,638 +2% |
| 2002 | -- | $109,450 +4% |
| 2000 | -- | $105,202 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Venice
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