Overview

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. Venice was founded in 1905 by Abbot Kinney as a seaside resort town. His vision was to develop a beachfront community that had the charm of its heralded Italian sister Venice. Venice is a well established city in Los Angeles County, with strong demographics due to an affluent and highly educated populace, while offering a niche community feel.

Location

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. Venice was founded in 1905 by Abbot Kinney as a seaside resort town. His vision was to develop a beachfront community that had the charm of its heralded Italian sister Venice. Venice is a well established city in Los Angeles County, with strong demographics due to an affluent and highly educated populace, while offering a niche community feel.

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