Property listed by Lee & Associates Los Angeles West Inc., Roman Spencer Horak 310-899-2700
$1,425,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
113
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,888
Lot Size
0.1 Acres
Year Built
1952
MLS Number
25528605
30 Days Snapshot Of 90291
$2.47M
-6%
(avg) sold price
16
-27%
homes sold
86
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Parking
Assigned, 4 open parking spaces, 4 totals parking
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1952, Building area total: 1,888, Levels: One, Living area: 1888, 1 story, 1 building
Income
Gross income: $98,400, Net operating income: $72,327
Lot
0.101 acres, 4,401 square feet, Size: 4,401
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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