1167 Nelrose Ave, Venice, CA 90291 - View 1
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1167 Nelrose Ave, Venice, CA 90291

List Price: $1,475,000On Market FlagOn market
Apr 22, 20251,888 sqft4 beds3 baths
Listed by: Roman Spencer Horak
License #: 01921906
Phone #: 310-899-2728
Lee & Associates Los Angeles West Inc.
Source:
CRMLS Logo
MLS #: 25528605

Property Description

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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,658

TurboHome Estimated Value

$1,426,100

$755 sqft

High Valuation
$1,497,405
$793/sqft
Normal Valuation
$1,426,100
$755/sqft
Low Valuation
$1,354,795
$718/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$755/sqft$1,426,100

Neighborhood: Venice

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Comparative Value

$1.28M

$1.31M

$1.48M

$1.68M

$1.78M

$1.85M

2445 Walnut Ave, Venice, CA 90291

Sale Price: $1,280,000

Selected Comparable

1036 Garfield Ave, Venice, CA 90291

Sale Price: $1,310,000

Selected Comparable

1167 Nelrose Ave, Venice, CA 90291

List Price: $1,475,000

Subject Property

1026 Amoroso Pl, Venice, CA 90291

Sale Price: $1,681,500

Selected Comparable

3000 Thatcher Ave, Marina Del Rey, CA 90292

Sale Price: $1,780,000

Selected Comparable

2237 Glyndon Ave, Venice, CA 90291

Sale Price: $1,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1167 Nelrose Ave, Venice, CA 90291

1167 Nelrose Ave, Venice, CA 90291

List: $1,475,000

Listed: 4/22/2025

Area:1,888 sqft
Price/sqft:$781
Beds:4
Baths:3
Year Built:
Lot Size:4,401

Comparable Properties

COMPARABLE
Choose comps
1036 Garfield Ave, Venice, CA 90291

1036 Garfield Ave, Venice, CA 90291

Sale: $1,310,000

5/6/20250.27 mi

Area:1,816 sqft
Price/sqft:$721
Beds:4
Baths:2
Year Built:
Weight:22.5%
3000 Thatcher Ave, Marina Del Rey, CA 90292

3000 Thatcher Ave, Marina Del Rey, CA 90292

Sale: $1,780,000

7/1/20250.39 mi

Area:1,994 sqft
Price/sqft:$893
Beds:3
Baths:3
Year Built:
Weight:21.1%
2445 Walnut Ave, Venice, CA 90291

2445 Walnut Ave, Venice, CA 90291

Sale: $1,280,000

10/8/20240.10 mi

Area:1,620 sqft
Price/sqft:$790
Beds:4
Baths:2
Year Built:
Weight:19.6%
1026 Amoroso Pl, Venice, CA 90291

1026 Amoroso Pl, Venice, CA 90291

Sale: $1,681,500

11/13/20240.28 mi

Area:1,739 sqft
Price/sqft:$967
Beds:3
Baths:3
Year Built:
Weight:18.7%
2237 Glyndon Ave, Venice, CA 90291

2237 Glyndon Ave, Venice, CA 90291

Sale: $1,850,000

8/27/20240.24 mi

Area:1,713 sqft
Price/sqft:$1,080
Beds:3
Baths:3
Year Built:
Weight:18.2%

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