Venice, CA 90291,1176 Nelrose AVE
Venice, CA 90291,1176 Nelrose AVE
Venice, CA 90291,1176 Nelrose AVE
$3,696,000
Est. payment /mo
$3,995,000
7.5%
Est.Price: ?

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9 Beds
7 Baths
5,583 SqFt
SOLD DATE : 10/16/2023

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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California Regional MLS (CRMLS)
Listed by John Swartz • Compass
Bought with Sevan Petrossian • Pinnacle Estate Properties

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Adrian Castillo

+1(209) 380-7597

Principal/Realtor | CA DRE#01308935

Principal/Realtor CA DRE#01308935

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