$3,696,000
$3,995,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1176 Nelrose Ave Venice, CA 90291
9 Beds
7.5 Baths
5,583 SqFt
Key Details
Sold Price $3,696,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,583 sqft
Price per Sqft $662
MLS Listing ID 23-277601
Sold Date 10/16/23
Style Architectural
Bedrooms 9
Construction Status New Construction
Year Built 2023
Lot Size 4,399 Sqft
Acres 0.101
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 Venice
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning, Central
Equipment Dishwasher, Dryer, Elevator, Microwave, Washer, Refrigerator, Range/Oven
Laundry In Unit
Exterior
Garage Assigned, Covered Parking, Driveway, Tandem
Garage Spaces 8.0
Building
Story 3
Architectural Style Architectural
Level or Stories Multi/Split
Construction Status New Construction
Others
Special Listing Condition Standard
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Bought with Pinnacle Estate Properties
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