1167 Nelrose Avenue

Venice , CA 90291

MLS#: 25528605

$1,425,000

Status: Active
Listing number: 25528605
Listing provided by: Lee & Associates Los Angeles West Inc.
Listing agent phone: None
Last update: 2 months ago
On site: 3 months ago
Browse Properties
Main image without alt text

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1952

Sq.Footage

1,888

Lee & Associates is pleased to present the opportunity to purchase this multi-family triplex at 1167 Nelrose Avenue, consisting of 1,888 square feet of building on 4,401 square feet of land. The property is situated in the heart of Venice, walking distance to iconic Abbot Kinney Boulevard.Originally built in 1952, the property is rich with history. Mature landscaping and an expansive shared patio create an inviting outdoor oasis. Currently built out as a triplex, with two units consisting of one-bedroom and one-bathroom, and one unit consisting of two- bedrooms and one-bathroom. The property offers tremendous upside potential to owner- occupants, investors and developers alike. One bedroom, one bathroom unit is available for owner/user. Do NOT disturb tenants. Call agent for showing details and offering memorandum.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Parking

    Assigned

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.101

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,425,000

  • Sq. Footage

    1, 888

  • Price/SqFt

    $754

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Roman Spencer Horak , Lee & Associates Los Angeles West Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Lee & Associates is pleased to present the opportunity to purchase this multi-family triplex at 1167 Nelrose Avenue, consisting of 1,888 square feet of building on 4,401 square feet of land. The property is situated in the heart of Venice, walking distance to iconic Abbot Kinney Boulevard.Originally built in 1952, the property is rich with history. Mature landscaping and an expansive shared patio create an inviting outdoor oasis. Currently built out as a triplex, with two units consisting of one-bedroom and one-bathroom, and one unit consisting of two- bedrooms and one-bathroom. The property offers tremendous upside potential to owner- occupants, investors and developers alike. One bedroom, one bathroom unit is available for owner/user. Do NOT disturb tenants. Call agent for showing details and offering memorandum.

1167 Nelrose Avenue

Message successfully sent.

What would you like to know?

Related Properties

Two delightful Venice houses on one lot. Looking for flexibility? Great as a family compound or for partners. Live in one and rent the other or rent them both. Great location in quiet and convenient East of Lincoln neighborhood. The front unit, 1632 Penmar, is a traditional sunny 2 bedroom, 1 bath with a fenced yard and raised veggie bed. The interior features a large living room and open floor plan kitchen with breakfast bar and includes stacked washer/dryer. The back house, 1205 Appleton, is a two story, 2 bedroom 2 bath. Downstairs is the living room, kitchen and bathroom. The spacious kitchen features granite countertops, stainless steel appliances, plenty of cabinets, and dining area. Upstairs is the primary suite with a full bathroom and walk in closet plus the 2nd bedroom. The second floor also features a stacked washer/dryer, private balcony, and plenty of windows. The house is vacant and ready to go. Off the kitchen is a large private fenced patio with a roomy storage shed, plenty of room for bikes, surfboards, shade area for yoga, or kid's play area. This amazing location is minutes to Penmar Park, Penmar golf course, shopping and dining at The Penmar and Zinque, Whole Foods, Rose Ave and Lincoln Blvd restaurants and shops, Santa Monica and of course, Venice beach. Walgrove Elementary is nearby with their amazing native plants and veggie garden. 3 parking.
#25573075

Venice

1205 Appleton Way

4 Beds

None Baths

1,725 Sq.Ft.

$1,590,000

MLS#: 25573075

A rare and exciting opportunity to own a 50% Tenant-In-Common (TIC) interest in a charming Venice triplex, located just blocks from Abbot Kinney, the beach, and the iconic canals. This offering includes exclusive use of a spacious 1400 SQFT 2-bedroom, 2-bath unit (#3), full of Venice charm with hardwood floors, an updated kitchen, fireplace and abundant natural light. In addition, the buyer will receive 50% ownership interest in the detached front bungalow, creating potential for shared income, flexible use, or future value. Each unit enjoys a private garage with storage plus one additional assigned parking space in a secured lot, a rare luxury in Venice. With no HOA dues, this is an ideal alternative to a condo, offering the benefits of ownership at a more accessible price point in one of LA's most vibrant neighborhoods. This is a TIC sale for a 50% undivided interest in the entire property, with exclusive rights to one unit and shared ownership in the front bungalow.
#25571827

Venice

563 Westminster Avenue

5 Beds

None Baths

3,376 Sq.Ft.

$1,175,000

MLS#: 25571827

4-plex right on the beach currently operating at a 4.93% CAP RATE! 12.5 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. Perfect for owner-user opportunity or investors looking to capitalize on Venice's historic route! Each unit offers comfortable living spaces and modern amenities, ensuring a desirable rental experience for tenants. Most units are renovated and some units have ocean views! Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this offering stands as a testament to the allure of coastal California living combined with the promise of substantial financial returns. 12.5 25th Pl is located in the heart of Silicon Beach, an area that has attracted a wide range of technology companies including Facebook, Google, and Snapchat. Residents enjoy the benefits of living in the heart of Venice as the property is close to Abbot Kinney, Santa Monica Pier, and much more. OM in supplements.
#SB25164107

Venice

12 1/2 25th Place 1.5

None Beds

None Baths

2,314 Sq.Ft.

$1,699,000

MLS#: SB25164107

4-plex right on the beach currently operating at a 5.47% CAP RATE! 12 25th Pl, Venice is a prime opportunity for any buyer looking to take advantage of residential financing and own in an A+ neighborhood. All units have been remodeled! Ideal for owner-user opportunity or investors looking to capitalize on Venice's historic route. Each unit offers comfortable living spaces and modern amenities, ensuring a desirable rental experience for tenants. Most units are renovated and some units have ocean views! Whether you're looking to expand your investment portfolio or seeking a lucrative income-generating property, this offering stands as a testament to the allure of coastal California living combined with the promise of substantial financial returns. 12 25th Pl is located in the heart of Silicon Beach, an area that has attracted a wide range of technology companies including Facebook, Google, and Snapchat. Residents enjoy the benefits of living in the heart of Venice as the property is close to Abbot Kinney, Santa Monica Pier, and much more. OM in supplements.
#SB25164022

Venice

12 25th Place 3

None Beds

None Baths

1,948 Sq.Ft.

$1,710,000

MLS#: SB25164022

We're excited to share a fantastic opportunity to create value on one of the best streets in Venice. This income property is located on an extra-wide, tree-lined street, offering close proximity to Abbot Kinney, Rose Avenue, and some of the hottest new spots on Lincoln Blvd. The property itself boasts timeless charm and character, surrounded by lush landscaping and mature fruit trees. It's situated on a beautiful street among multi-million dollar properties. The front unit is a spacious and bright 2-bedroom, 1-bathroom unit with access to the front yard. The attached rear unit is a 1-bedroom, 1-bathroom unit with a separate entrance off the side yard. There's additional outdoor space between the units and the large two-car garage with an extra laundry room area. Both units feature many original finishes, hardwood floors, and great natural light. Please note that the property is currently tenant-occupied. This property can potentially work for an owner-user. Live in one of the units and build an Accessory Dwelling Unit (ADU) above the garage for additional income. Rent control laws apply, and all buyers to do their own due diligence as they relate to any tenant relocations. For Investors and Developers, the lot has tremendous potential to be transformed into a stunning duplex with the option for a third ADU unit, totaling three units. This is a unique opportunity in a highly desirable location for a savvy investor or owner-user. The property is being sold As-Is. Inspection reports are available upon request. DO NOT DISTURB TENANTS.
#25559855

Venice

837 Milwood Avenue

3 Beds

None Baths

1,340 Sq.Ft.

$1,525,000

MLS#: 25559855

Great Beach Oasis in the Heart of Venice Beach! Welcome to this charming 5 unit building located on a rare pedestrian only street and half a block from the beach and the infamous Venice Boardwalk. Easy access to the 10 freeway and Lincoln Blvd. Seconds away from delicious restaurants including Dudley market, Venice ale house and Fig tree. Property consists of One - 2+1, Two - 1+1, and Two - Studio units. Interior viewing with accepted offer. Listing agent is related to seller. Buyer to cooperate with sellers 1031 tax deferred exchange at no additional cost.
#25525129

Venice

34 Dudley Avenue

4 Beds

None Baths

2,672 Sq.Ft.

$1,500,000

MLS#: 25525129

Venice Beach Living! A Lovely Duplex in the heart of Venice is your perfect investment opportunity, situated in arguably one of the most ideal parts of Venice Beach. Just a few blocks from the sand and iconic Venice Beach Boardwalk, this duplex boasts the first unit, two bedrooms, one bathroom, and a 936-square-foot. The second unit has one bedroom, one bathroom, and a 560-square-foot; the garage has been accommodated into a bonus room. The property needs an update, but you will love, appreciate, and enjoy being a homeowner in Venice. The property sits on a spacious lot with fantastic development potential, making it a savvy investment choice. In addition, this property is convenient so you and your family can access the dynamic suburban necessities and lifestyle right within your reach: nearby hospitals, groceries, schools, a gym, various go-to restaurants, and coffee shops. So come and see this place and make it. All offers are subject to interior inspection.
#IV24204604

Venice

611 Sunset Avenue

None Beds

None Baths

1,496 Sq.Ft.

$1,495,000

MLS#: IV24204604

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here