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1172 Nelrose Avenue

Venice, CA 90291
  • $1,790,000
  • STATUS: Active
  • ON SITE: 167 Days
  • ID#: SR21096139
UPDATED: 71 min ago
$1,790,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,656
    SQFT
  • $1,081
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

Attention Investors & Developers, here is a great and rear opportunity to purchase a property with great redevelopment potential or a safe investment for a savvy investor. One of the few lots with over 6000 sq. ft., that is located in an area with many new developments. There are two, two-bedroom units on this corner lot with only one neighbor on the east side. With the zoning LARD 1.5, there is immense upside potential that makes this location, a prime choice (Buyer to investigate all zoning questions and possible variances with the City). Located one block south-east of the intersection of Venice & Lincoln Blvd and within a short walk to the famous Boardwalk, About Kinney and many shops & restaurants, this truly is one of the best properties that Venice has to offer.

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Based on information from CRISNet MLS as of 2021-10-22T23:56:23.313. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-22T23:56:23.313. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/116938987
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1172 Nelrose Avenue Venice, CA 90291

  • Price: $1,790,000
  • Status: Active
  • Updated: 71 min ago
  • ID#: SR21096139
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,656
SQFT
$1,081
$/SQFT
1947
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Attention Investors & Developers, here is a great and rear opportunity to purchase a property with great redevelopment potential or a safe investment for a savvy investor. One of the few lots with over 6000 sq. ft., that is located in an area with many new developments. There are two, two-bedroom units on this corner lot with only one neighbor on the east side. With the zoning LARD 1.5, there is immense upside potential that makes this location, a prime choice (Buyer to investigate all zoning questions and possible variances with the City). Located one block south-east of the intersection of Venice & Lincoln Blvd and within a short walk to the famous Boardwalk, About Kinney and many shops & restaurants, this truly is one of the best properties that Venice has to offer.
Exterior Features

Fence YN Yes Fencing BlockWood Foundation Details Raised Lot Features 2-5 Units/Acre Lot Size Area 6034.0000 Parking Features Driveway - CombinationGarage Parking Total 1.00 Parking YN Yes Road Frontage Type AlleyCity Street Road Surface Type Paved Roof Shingle

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateVinylWood Heating Floor Furnace Heating YN Yes Laundry Features None Laundry YN No Room Type All Bedrooms Down

Property Features

Additional Parcels YN No Community Features SidewalksStorm DrainsStreet LightsUrban Electric Standard Gross Income 24756.00 Gross Scheduled Income 24756.00 Insurance Expense 1040.00 Land Lease YN No Net Operating Income 15945.00 New Construction YN No New Taxes Expense 23125.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 24645.00 Pool Features None Pool Private YN No Property Attached YN No Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays All Utilities Total Expenses 24165.00 Trash Expense 0.00 Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer Available Water Source Public Zoning Lard1.5

Listing provided courtesy of Bekim Hasani, CA DRE# 01480481, of Bh Realty.


Based on information from CRISNet MLS as of 2021-10-22T23:56:23.313. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-22T23:56:23.313. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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