NOT LISTED FOR SALE

1176 Nelrose Ave Unit C Venice, CA 90291

Venice Neighborhood

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

3 Beds
3 Baths
2,049 Sq Ft
4,400 Sq Ft Lot

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Balcony
  • Beethoven Street Elementary School Rated 9+
  • Modern Architecture
  • Tandem Parking

About This Home

As of August 2023

Introducing an exquisite new unit in the charming neighborhood of Venice! This stunning corner unit spans 2,049 sq. ft and offers an unparalleled living experience. Situated just 1.4 miles from the beach and a mere half-mile from the renowned Abbott Kinney, this location provides the perfect balance of coastal serenity and vibrant city life. Step into the kitchen and be greeted by top-of-the-line Bertazzoni appliances and meticulously crafted custom cabinets. The attention to detail is evident throughout this home, with every feature thoughtfully designed to exceed expectations. A private elevator seamlessly connects each floor within the unit, ensuring convenience and ease of access. Beyond the remarkable interior, a private patio awaits off the living area, providing a spacious retreat for relaxation or hosting memorable gatherings. This exceptional condo is part of The Kinney on Nelrose, a masterful architectural creation by GIBBS Architects. The combination of contemporary design and timeless elegance makes this property a true gem. Don't miss the opportunity to experience this unparalleled lifestyle firsthand. Call LA2 today to arrange a showing and secure your chance to rent this extraordinary unit.

Last Agent to Rent the Property

Lee Mintz

Compass License #01355531 Listed on: 05/26/2023

Compass

Co-Listed By

Brooke Held

Compass License #02158413

Last Renter's Agent

Lee Mintz

Compass License #01355531 Listed on: 05/26/2023

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,491

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,400

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,049 Sq Ft Home
  • 3-Story Property
  • Engineered Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $8,995
  • Tenant pays for electricity, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4236-002-019

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 3 Units
  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$44,491

Year Built

Built in 2023 | New Construction

Lot Details

0

Rental Info

  • Security Deposit: 8995
  • Tenant Pays: Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Three Or More, Multi/Split
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2049
  • Lot Acreage: 0.1010
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2023
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Elevator, Washer, Dryer, Range/Oven, Microwave, Dishwasher
  • Price Per S Q F T: 4.15

Exterior Features

  • Balcony: yes
  • Other Features: Balcony
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4236-002-019
  • Lot Size Area: 4399

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 29, 2023
Sold by
Hip Hea Productions Llc
Bought by
1176 Nelrose Avenue Llc
Seller's Agent
Lee Mintz
Compass
Buyer's Agent
Lee Mintz
Compass
Sold Price
$8,295
Views
22
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.
Estimated Appreciation
$3,962,174
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
08/28/2023 08/28/23 Rented $8,295 -2.4% --
07/19/2023 07/19/23 Price Changed $8,495 -5.6% $4 / Sq Ft
05/26/2023 05/26/23 For Rent $8,995 -- --
Source: The MLS

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: The MLS

MLS Number: 23-274435

The MLS

APN: 4236-002-019