Property · 2 recorded sales since 2018
Listing Agent: John Swartz (DRE #01873487) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Sevan Petrossian · Pinnacle Estate Properties · MLS #23277601 · Source: CRMLS
The Kinney on Nelrose the"Property", a newly constructed three unit luxury townhome building. Designed by KurtGibbs of GIBBS Architects, this remarkable property is located at 1176 Nelrose Avenue in the esteemed neighborhood of Venice, California. Completed in 2023, the building spans 5,583 square feet and is situated on a 4,399 square foot lot. Each unit boasts three bedrooms, two and a half bathrooms, and showcases meticulous craftsmanship with bespoke finishes. The residences are equipped with top-of-the-line Bertazonni appliances and feature the added convenience of private elevators. The property is not subject to any form of rent control regulations, providing an advantageous opportunity for investors or owner-users to adjust rents to market rates annually, thereby maximizing their return on investment.
Listing description from the October 2023 sale, as reported to CRMLS.