1172 Nelrose Ave., Venice, CA 90291 - SR20123657 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1172 Nelrose Ave.
Venice, CA 90291

Active, Multi-Family/Income Sale

For Sale

$1,850,000 $306.60 per sqft

Free Professional CMA

Listing ID : CRSR20123657

  • Garage

    1
  • Lot Size

    6,034 Sqft
  • Year

    1947

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.

Details

Type: Multi-Family/Income Sale 
Subdivision: 699 - Not Defined 
County: Los Angeles 
Tax ID: 4236002025
Days on Market: 488 
Flooring: Laminate 
Foundation: Raised 
Laundry: None 
Number of Buildings: 2 
Number of Units: 2 
Parking Spaces: 1 
Property Type: Commercial Sale 
Roof: Shingle 
Sub Type: Duplex 
Water: District - Public 

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Interactive

33.993801 -118.450867 $1,850,000 SR20123657
1172 Nelrose Ave., Venice, CA 90291
Directions to here from:

Area Information 90291

Population:

28,659 Up .01% since 2010
Average Income:
$115,103
Average Age:
38Years
Gender:
51.92%Male
48.08%Female
Households:
14,44815.71% with children
Average Value:
$2,091,052
Occupancy:
32.63%Owned
67.37%Rented
13.14%Vacant
Education:
11.26%High School
4.02%Associate
42.12%Bachelor
20.1%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
13.48Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average

Tax Assessments

Value

  • Land $1,000,000
  • Improvements $290,000

  • Total $1,290,000

Property Tax

  • 2020 $3,389

History

Date Transaction Price Mortgage Amt & Lender
Date
Sep 16, 2021
Transaction
Active - Residential Income (2-4 units)CNSR21096139
Price
$1,790,000
Mortgage Amt & Lender
- -
Date
Jan 17, 2021
Transaction
Expired - Residential Income (2-4 units)CNSR20123657
Price
$1,850,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Bekim Hasani with BH Realty

Based on information from the MLSListings MLS) as of 10/27/2021. 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 display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 10/27/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes