OFF MARKET

Off market oct 2023 for $3.6M

$4,295,613

Est. refi paymentEst. refi $18,543/mo

•

7.5 ba

•

5,583

sq ft

1176 Nelrose Ave, Venice, CA 90291

About this home

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.

Multi-familyProperty Type

2023Year Built

4,399 sq ftLot Size

$769Est. Price/Sq.Ft.

1 garage spacesParking

Listed by John Swartz •DRE #01873487 • Compass

•310-779-9929 (agent)

•john.swartz@compass.com (agent)

Listed by Scott Syme Jr. •DRE #02007311 • Compass

•650-678-9428 (agent)

•scott.symejr@compass.com (agent)

Bought with Sevan Petrossian •DRE #01989049 • Pinnacle Estate Properties

Redfin checked: a minute ago

•Source:TheMLS #23-277601

Redfin Estimate

$4,295,613

$600K since sold in October 2023$313K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 98.8% higher than the average sale price ($2.16M) of 6 comparable homes.

SOLD MAY 20, 2026
$1,840,000
A
3 beds2 baths1,218 sq ft
3025 Carter Ave, Marina del Rey, CA 90292
SOLD MAY 15, 2026
$2,100,000
B
3 beds2 baths2,091 sq ft
656 Angelus Pl, Venice, CA 90291
SOLD APR 23, 2026
$2,437,500
C
3 beds3 baths2,453 sq ft
1129 Van Buren Ave, Venice, CA 90291
SOLD JUN 26, 2026
$1,739,700
D
3 beds2 baths1,280 sq ft
1060 Nowita Pl, Venice, CA 90291
SOLD AUG 21, 2026
$2,400,000
E
3 beds3 baths2,066 sq ft
1308 Vienna Way, Venice, CA 90291
SOLD SEP 1, 2026
$2,449,000
F
3 beds2 baths1,536 sq ft
1060 Superba Ave, Venice, CA 90291

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Earn from this home

Sell

$1,265,894

Est. take-home

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Refinance

Est. cash available

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Market trends in East of Lincoln, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.0%

+0.1% MoM

Median sale price

$2.8M

$518K MoM

Avg. days on market

101d

42 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 4 HRS AGO
$4,250,000
3 beds2 baths5,224 sq ft
633 Santa Clara Ave, Venice, CA 90291
NEW 16 HRS AGO
$1,895,000
2 beds3 baths2,316 sq ft
610 Harbor St #1, Venice, CA 90291
$1,449,000
2 beds2 baths1,503 sq ft
718 Valita St, Venice, CA 90291
NEW 20 HRS AGO
$2,200,000
7 beds5 baths4,734 sq ft
716 Machado Dr, Venice, CA 90291
$3,599,000
5 beds4.5 baths2,874 sq ft
722 Palms Blvd, Venice, CA 90291
COMING SOON
$1,875,000
3 beds2.5 baths1,803 sq ft
406 Brooks Ave, Venice, CA 90291
OPEN SAT, 2PM TO 4PM
$1,589,000
2 beds2 baths1,196 sq ft
2328 Beach Ave, Venice, CA 90291
Keller Williams Realty
$4,295,000
5 beds5 baths3,817 sq ft
1500 Louella Ave, Venice, CA 90291
OPEN SUN, 2PM TO 5PM
$3,150,000
4 beds3 baths2,499 sq ft
2409 Wilson Ave, Venice, CA 90291
EARLY ACCESS
$4,195,000
4 beds5 baths3,426 sq ft
1518 Glenavon Ave, Venice, CA 90291
See all

Provided by Redfin

Sale history for 1176 Nelrose Ave

Date

Event

Price

Public Records

Oct 16, 2023

Sold

$3,696,000

$662/sq ft

TheMLS #23-277601

Oct 16, 2023

Pending

—

Oct 16, 2023

Sold

$3,696,000

$662/sq ft

Jun 6, 2023

Listed

$3,995,000

$716/sq ft

TheMLS #22-226721

Mar 24, 2023

Contingent

—

Public Records

Oct 11, 2018

Sold

$1,300,000

$233/sq ft

Greater Lansing AoR #PW18208800

Oct 11, 2018

Sold

$1,299,900

$233/sq ft

Sep 23, 2018

Pending

—

Sep 10, 2018

Contingent

—

Aug 27, 2018

Listed

$1,299,900

$233/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$44,960 (+1.1%)

$2,288,880 + $1,556,438

$3,845,318

2024

$44,491 (+163.9%)

$2,244,000 + $1,525,920

$3,769,920

2023

$16,859 (+4.9%)

$2,200,000 + $1,496,000

$3,696,000

2022

$16,070 (+0.8%)

$1,114,231 + $278,556

$1,392,787

2021

$15,949 (−1.0%)

$1,092,384 + $273,095

$1,365,479

2020

$16,117 (+4.2%)

$1,070,965 + $267,741

$1,338,706

2019

$15,469 (+313.2%)

$1,059,984 + $264,996

$1,324,980

2018

$3,744 (+2.2%)

$1,039,200 + $259,800

$1,299,000

2017

$3,663 (+2.4%)

$264,858 + $35,746

$300,604

2016

$3,576 (+1.5%)

$264,858 + $35,746

$300,604

2015

$3,524 (−0.5%)

$259,665 + $35,046

$294,711

2014

$3,542 (−1.1%)

$250,755 + $33,844

$284,599

2012

$3,581 (+3.3%)

$249,622 + $33,692

$283,314

2011

$3,465 (−1.2%)

$244,728 + $33,032

$277,760

2010

$3,509 (+3.9%)

$239,930 + $32,385

$272,315

2009

$3,378 (+4.5%)

$238,137 + $32,143

$270,280

2008

$3,234

$238,703 + $32,220

$270,923

Tax history for 1176 Nelrose Ave

Year

Property tax

Land + Additions

Assessment*

2025

$44,960 (+1.1%)

$2,288,880 + $1,556,438

$3,845,318

2024

$44,491 (+163.9%)

$2,244,000 + $1,525,920

$3,769,920

2023

$16,859 (+4.9%)

$2,200,000 + $1,496,000

$3,696,000

2022

$16,070 (+0.8%)

$1,114,231 + $278,556

$1,392,787

2021

$15,949 (−1.0%)

$1,092,384 + $273,095

$1,365,479

2020

$16,117 (+4.2%)

$1,070,965 + $267,741

$1,338,706

2019

$15,469 (+313.2%)

$1,059,984 + $264,996

$1,324,980

2018

$3,744 (+2.2%)

$1,039,200 + $259,800

$1,299,000

2017

$3,663 (+2.4%)

$264,858 + $35,746

$300,604

2016

$3,576 (+1.5%)

$264,858 + $35,746

$300,604

2015

$3,524 (−0.5%)

$259,665 + $35,046

$294,711

2014

$3,542 (−1.1%)

$250,755 + $33,844

$284,599

2012

$3,581 (+3.3%)

$249,622 + $33,692

$283,314

2011

$3,465 (−1.2%)

$244,728 + $33,032

$277,760

2010

$3,509 (+3.9%)

$239,930 + $32,385

$272,315

2009

$3,378 (+4.5%)

$238,137 + $32,143

$270,280

2008

$3,234

$238,703 + $32,220

$270,923

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4,401 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Los Angeles County

APN

4236002019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 6, 2026.

Apr 26, 2023 • Final

Bldg-new

Construct a new three-story apartment building with three units and an attached four-car carport.

New construction

Jun 29, 2022 • Final

Grading

Perform grading work to remove and recompact soil for the construction of a three-unit apartment building.

Grading

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage
Assigned, Covered Parking, Driveway, Tandem

Parking
# of Parking Spaces (Total): 8

Interior

Laundry Information
Laundry in Unit

Equipment
Dishwasher, Dryer, Elevator, Microwave, Washer, Refrigerator, Range/Oven

Heating & Cooling
A/C, Central Cooling
Central Heat
Water Heater Features: Tankless

Exterior

Building Information
Total Floors: 3
Multi Levels
Security Features: Card/Code Access

Property Information
Property Type: Residential Income
Property Condition: New Construction

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 4,399
Lot Size (Acres): 0.101
Zoning: LARD1.5

Financial

Assessment Information
Assessed Total Value: $1,365,479
Assessed Land Value: $1,092,384
Assessed Land %: 80
Assessed Improvement Value: $273,095
Assessed Improvement %: 20.00
Assessor Parcel Number: 4236-002-019

Location

Multi-Unit Income
Gross Income: 278820
Gross Operating Income: $278,820
Net Operating Income: $213,965

Multi-Unit Expenses
Total Annual Expense: $56,490

Multi-Unit Other Financial Information
Cap Rate: 5.36
Gross Rent Multiplier: 14.48
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1
Type Of Units: Townhomes
# of Buildings: 1
Laundry Equipment: Own

Unit 1 Information
# of Beds: 3
# of Baths: 2.50
Rent: $7,662
Projected Rent: $22,985
Actual Rent: $22,985
# of Units: 3

Community Information
# of Units in Complex (Total): 3

Location Information
Directions: Nelrose Ave, 1 block north of Lincoln Blvd and 1 block south of Venice Blvd.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 4,401 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Los Angeles County
APN: 4236002019

Home facts updated by county records on Oct 6, 2026

Other

Documents & Disclosures
Disclosures: None

Around this home

Schools

Beethoven Street Elementary School

Public K-5 • Assigned • 0.7mi

8/10

Mark Twain Middle School and World Languages Magnet

Public 6-8 • Assigned • 0.6mi

8/10

Venice Senior High School

Public 9-12 • Assigned • 0.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
3 weeks ago • Los Angeles
Peter Santos
Redfin Premier agent
85 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 83° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Venice, CA • 90291

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.7 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$4.08M – $4.94M

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New listings for sale in 90291

NEW 4 HRS AGO

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633 Santa Clara Ave, Venice, CA 90291

NEW 16 HRS AGO

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2 beds3 baths2,316 sq ft

610 Harbor St #1, Venice, CA 90291

$1,449,000

2 beds2 baths1,503 sq ft

718 Valita St, Venice, CA 90291

NEW 20 HRS AGO

$2,200,000

7 beds5 baths4,734 sq ft

716 Machado Dr, Venice, CA 90291

$3,599,000

5 beds4.5 baths2,874 sq ft

722 Palms Blvd, Venice, CA 90291

COMING SOON

$1,875,000

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OPEN SAT, 2PM TO 4PM

$1,589,000

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Keller Williams Realty

$4,295,000

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OPEN SUN, 2PM TO 5PM

$3,150,000

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Home values near 1176 Nelrose Ave

Data from public records.

Address	Redfin Estimate
1183 Nelrose Ave, Venice, CA 4 Beds \| 2 Baths \| 2720 Sq. Ft.	$2,393,466
1171 Nelrose Ave, Venice, CA 4 Beds \| 3 Baths \| 1837 Sq. Ft.	$2,381,182

Address	Redfin Estimate
1179 Nelrose Ave, Venice, CA 4 Beds \| 6 Baths \| 2525 Sq. Ft.	$2,031,480
1167 Nelrose Ave, Venice, CA 3 Beds \| 3 Baths \| 1888 Sq. Ft.	$1,517,206

Address	Redfin Estimate
1175 Nelrose Ave, Venice, CA 4 Beds \| 4 Baths \| 2184 Sq. Ft.	$1,461,019
1163 Nelrose Ave, Venice, CA 3 Beds \| 2 Baths \| 1288 Sq. Ft.	$1,737,777

Property information provided by TheMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in East of Lincoln, CA

Sale history for 1176 Nelrose Ave

Tax history for 1176 Nelrose Ave

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90291

Home values near 1176 Nelrose Ave

More real estate resources