ActiveSingleFamilyResidence

1163 Nelrose Avenue

Venice, CA, 90291

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$1,998,000

MLS: 26661835

Beds

3

Baths

2

Sq Ft

1,288

Lot

0.10 ac

Year Built

1914

MLS #

26661835

Days on Market

40

Listed

Mar 13, 2026

Description

This thoughtfully updated Venice bungalow blends privacy, natural light, and a private wellness retreat featuring a sauna and cold plunge, all centered around one of the largest grassy backyards in Venice and designed for effortless indoor outdoor living in one of the Westside's most coveted coastal neighborhoods. A charming front courtyard welcomes you into the residence, where original bay windows flood the living room with natural light and create an inviting space for relaxing or entertaining. The open flow moves seamlessly through the dining area into a minimalist, design-forward kitchen, creating an easy rhythm for everyday living and hosting. French doors extend the living space to a sun drenched dining deck overlooking the expansive backyard complete with a full outdoor kitchen. The grounds offer endless possibilities for entertaining, play, or future customization, while the sauna and cold plunge create a spa-like setting to unwind after a day at the beach. Whitewashed interiors give the home a bright contemporary feel while remaining low maintenance and highly functional. Fully gated and hedged for privacy, the property also features secure parking for two vehicles, enhancing the home's rare compound-like setting. A unique opportunity to enjoy relaxed Venice living just moments from the beach and Abbot Kinney Boulevard.

Location

Venice, Los Angeles County, CA 90291

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Listed by: Trey Alligood · Douglas Elliman

Payment estimate

$14,179

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $199,800 · Loan: $1,798,200

%
Principal & Interest
$11,048
Property tax (1.25%)
$2,081
Homeowners insurance
$300
Mortgage insurance
$749
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Venice home with as little as 3.5% down using an FHA loan — roughly $69,930 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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