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Key Details
Sold Price $3,696,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,583 sqft
Price per Sqft $662
MLS Listing ID 23277601
Sold Date 10/16/23
Bedrooms 9
HOA Y/N No
Year Built 2023
Lot Size 4,399 Sqft
Property Description
The Kinney on Nelrose the"Property", a newly constructed three unit luxury townhome building. Designed by KurtGibbs of GIBBS Architects, this remarkable property is located at 1176 Nelrose Avenue in the esteemed neighborhood of Venice, California. Completed in 2023, the building spans 5,583 square feet and is situated on a 4,399 square foot lot. Each unit boasts three bedrooms, two and a half bathrooms, and showcases meticulous craftsmanship with bespoke finishes. The residences are equipped with top-of-the-line Bertazonni appliances and feature the added convenience of private elevators. The property is not subject to any form of rent control regulations, providing an advantageous opportunity for investors or owner-users to adjust rents to market rates annually, thereby maximizing their return on investment.
Location
State CA
County Los Angeles
Area C11 - Venice
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Covered, Driveway, Garage, Tandem
Total Parking Spaces 8
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction Yes
Others
Senior Community No
Tax ID 4236002019
Security Features Key Card Entry
Special Listing Condition Standard
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Bought with Sevan Petrossian • Pinnacle Estate Properties
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935