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1426 Main Street, Venice, CA 90291 (MLS # 24346019)

Price $5,500,000
Status Active
Beds 0
Baths 8 Baths
Home size 6,587 sqft
Lot Size 6,439 sqft
Days on Market 117
Welcome to Main & Market, situated in the heart and soul of Venice! This 7-unit mixed-use income property offers immense flexibility with office, commercial, and residential use. Take advantage of future development and tons of upside potential on an expansive lot! Perfect for your 1031 exchange Buyer, your real estate portfolio, or passive income - park your cash for a 5.7% CAP! This one-of-a-kind building offers a unique combination of residential and commercial spaces. Each unit has been thoughtfully designed to cater to various needs, from music production studios and film production spaces to designer creative studios and charming residential apartments. With beautiful built-ins and renovations done over time, this building comes with long-standing and well-established tenancy - you can step in and start reaping the benefits of rental income right away. One of the upstairs units features a spacious outdoor terrace with a built-in kitchen and BBQ area. This expansive outdoor space adds an extra touch of luxury and versatility to the property. The property also boasts ample parking, providing 13 parking spaces! Situated just seconds away from the beach, Windward Circle, and in the midst of the vibrant creative hub of Venice, this location is everything! Whether it's the allure of the beach, the energetic atmosphere of the neighborhood, or the thriving creative community, this property offers an unbeatable location. Bring your developers, investors, or owners/users!
Property Type(s): Residential Income
Last Updated 2/16/2024 Year Built 1962
Community Venice County Los Angeles

SCHOOLS

School District Los Angeles Unified

Additional Details

APPLIANCES Disposal, Refrigerator
AREA Venice
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Assigned, Garage, Side by Side, Tandem, Uncovered, Yes
HEAT Central
LOT 6438 sq ft
LOT DESCRIPTION Corners Marked, Rectangular Lot
PARKING Assigned,Garage,Side By Side,Tandem,Uncovered
POOL DESCRIPTION None
SEWER Other
STORIES 2
STYLE Traditional
VIEW Yes
ZONING LAC2

Location

 

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Listed with Pardee Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/24 1:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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