NOT LISTED FOR SALE

1176 Nelrose Ave Unit A Venice, CA 90291

Venice Neighborhood

Estimated Value: $3,118,000 - $4,545,000

3 Beds
3 Baths
1,813 Sq Ft
$2,190/Sq Ft Est. Value

Highlights

  • New Construction
  • Gated Community
  • No HOA
  • Beethoven Street Elementary School Rated 9+
  • Updated Kitchen
  • 2 Car Direct Access Garage

About This Home

As of January 2024

Welcome to The Kinney on Nelrose, a remarkably designed home by acclaimed architect, Kirk Gibbs. This jaw dropping building is in the heart of Venice just 1.4 miles from this iconic beach and a mere half-mile from the renowned Abbott Kinney allowing for the perfect balance of coastal serenity and vibrant city life. And this extraordinary front unit boasts 3 bedroom/3bathroom, featuring over 1800 sf. of living space and an unparalleled living experience. It's truly designed to impress. Your guests will be dazzled by the designer's attention to detail and the meticulous craftsmanship throughout this home. Top-of-the-line finishes include Bertazzoni appliances, custom crafted cabinetry as well as a private elevator which seamlessly connects each floor INSIDE the unit, allowing for convenience and ease of access. If that weren't enough, this bespoke living space also has an oversized patio off the living room/ kitchen facing Nelrose Ave. providing a spacious retreat for relaxation or hosting unforgettable gatherings. TWO secured tandem parking spots in the back of the building, The combination of contemporary design and timeless elegance makes this property a truly unique gem that you won't want to miss!

Last Agent to Rent the Property

Sevan Petrossian

Pinnacle Estate Properties License #01989049 Listed on: 10/18/2023

Pinnacle Estate Properties

Last Renter's Agent

Sevan Petrossian

Pinnacle Estate Properties License #01989049 Listed on: 10/18/2023

Pinnacle Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $44,491

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,399 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Tandem Garage
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Copper Plumbing

Interior Spaces

  • 1,813 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $7,900
  • 12-Month Minimum Lease Term
  • Available 10/18/23
  • Tax Lot 36
  • Tax Tract Number 5930
  • Assessor Parcel Number 4236002019

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Water Sports
  • Bike Trail

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$44,491

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-10-18
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7900
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 4236002019
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1813.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.14
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Low Flow Toilet(s), Double Sinks In Bath(s), Exhaust Fan(s), Remodeled, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Direct Garage Access, Garage, Garage Faces Front, Garage Faces Rear, Guest, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports

Green Features

  • Efficiency: Appliances, Construction, HVAC, Lighting, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4399.00
  • Lot Size Acres: 0.1010

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4399.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 2738.00
  • Tax Lot: 36
  • Tax Tract Number: 5930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Hip Hea Productions Llc
Bought by
1176 Nelrose Avenue Llc
Current Estimated Value
$3,970,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2018
Sold by
Jeannette Wijakainen
Bought by
Hip Hea Productions Llc

Purchase Details

Closed on
Oct 16, 2006
Sold by
Wiljakainen Alan A
Bought by
Wiljakainen Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2000
Sold by
Dupre Aurelle G Trust
Bought by
Wiljakainen Jeannette

Purchase Details

Closed on
May 5, 1999
Sold by
Dupre Aurelle G
Bought by
Dupre Aurella G and The Aurelle G Dupre Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1176 Nelrose Avenue Llc $3,696,000 Fidelity National Title
Hip Hea Productions Llc $1,300,000 First American Title Company
Wiljakainen Jeannette -- Fidelity National Title Co
Wiljakainen Jeannette -- --
Dupre Aurella G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1176 Nelrose Avenue Llc $2,000,000
Previous Owner Wiljakainen Jeannette $75,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2024 01/11/24 Rented $7,500 0.0% --
11/29/2023 11/29/23 Price Changed $7,500 -5.1% $4 / Sq Ft
10/18/2023 10/18/23 For Rent $7,900 -7.1% --
07/01/2022 07/01/22 Rented $8,500 0.0% --
05/02/2022 05/02/22 Under Contract -- -- --
04/01/2022 04/01/22 For Rent $8,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,491 $3,769,920 $2,244,000 $1,525,920
2024 $44,491 $3,696,000 $2,200,000 $1,496,000
2023 $16,859 $1,392,787 $1,114,231 $278,556
2022 $16,070 $1,365,479 $1,092,384 $273,095
2021 $15,949 $1,338,706 $1,070,965 $267,741
2019 $15,469 $1,299,000 $1,039,200 $259,800
2018 $3,744 $306,615 $270,155 $36,460
2016 $3,576 $294,711 $259,665 $35,046
2015 $3,524 $290,285 $255,765 $34,520
2014 $3,543 $284,599 $250,755 $33,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23194121

California Regional Multiple Listing Service (CRMLS)

APN: 4236-002-019