1172 Nelrose Avenue Venice, CA ^$ 1,625,000

1172 Nelrose Avenue

^$ 1,625,000

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1172 Nelrose Avenue

Venice, CA, 90291

^$ 1,625,000

Bedrooms3 Baths2.0 Sq 1,656

Monthly Estimate*

^$ 11,351

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Single Family Home for sale in Venice, CA

for $1,625,000 with 3 bedrooms and 2 full baths. This 1,656 square foot home was built in 1947 on a lot size of 0.14.

Amazing Opportunity! Two VACANT homes on one lot! 1172 Nelrose Ave situated on a corner lot with over 6,000 sqft located in Venice's hot east of Lincoln neighborhood. Conveniently located near shops, markets (Whole Foods, Erewhon and Costco), the weekly Venice Farmers Market and restaurants or an easy bike ride to the beach! Great redevelopment potential with LARD 1.5 zoning to create something spectacular. The property consists of side by side vacant duplexes, one featuring a 2 bed & 1 bath with garage and SB8 approval and a detached 1 bed & 1 bath adjacent. Nelrose is central to Santa Monica, Marina Del Rey and major transportation corridors such as Lincoln Blvd and the 90 freeway, bike paths and tech giants like Yahoo, Google, while LMU and LAX are also close by. Buyer to investigate all zoning questions and possible variances with the City. Survey, soils reports and plans available. Located outside of the Venice Coastal Zone.

Single Family Pending

Price

^$ 1,625,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Single Family Residence

Lot Size

0.14

Year Built

1947

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0023237429

Features

General

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Zoning LARD1.5

3/4 Baths 0

Full Baths 2

Half Baths 0

Year Built 1947

Property SubType Single Family Residence

County Los Angeles

New Construction No

Property Type A

HOA / Comm Assn No

Attached Garage No

Status Pending

City Venice

Buyer Agent Compensation 2.50

View Y/N No

Senior Community Y/N No

MLS Area C11 - Venice

Lot Size Square Feet 6034.0

Street Name Nelrose

Structure Type None

Standard Status Pending

Year Built Source Assessor

Buyer Agent Compensation Type %

Interior

Flooring Wood

Kitchen Appliances Refrigerator

Common Walls No Common Walls

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Avenue

Total Bathrooms 2.0

Laundry Features None In Kitchen

Total Baths 2

Total Bedrooms 3

Exterior

Parking Features Driveway

Water Source None

Lot Size Area 6034.0

Spa No

Pool Y/N? No

Building Area Total 1656.0

Lot Size Acres 0.14

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Lauren Ravitz

Listing Agent

Berkshire Hathaway Homeservices California Properties

Broker

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$11,351

Per Month

Monthly Principal & Interest: $11,351
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Venice, CA

Average List Price ^$3,447,938

Percent of Sale Price 112%

About Venice, CA

29,124 Population

-6% Since 2002

^$89,009 Median Income

41.51 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/30/2023	$1,625,000	-9.47%	Price Down
2/24/2023	$1,795,000	-7.95%	Price Down
1/31/2023	$1,950,000		Listed Price

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1172 Nelrose Avenue, Venice, CA, 90291 is a Single Family Home for sale at $1,625,000 with 1,656 sqft and a lot size of 0.14. 1172 Nelrose Avenue has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 90291 which is in Venice, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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 data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1172 Nelrose Avenue

Single Family Home for sale in Venice, CA

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