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 6.37% 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 Details
Price:
$4,875,000
MLS #:
24408041
Status:
Active Under Contract
Baths:
0
Address:
1426 Main Street
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Jul 19, 2024
State:
CA
ZIP:
90291
Lot Size:
6,438 sqft / 0.15 acres (approx)
Year Built:
1962
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal, Refrigerator
Flooring
Carpet
Heating
Central
Exterior
Garage Spaces
0.00
Lot Features
Corners Marked, Rectangular Lot
Parking Features
Assigned, Tandem Garage, Side by Side, Uncovered
Parking Spots
13.00
Pool Features
None
Sewer
Other
Spa Features
None
Stories Total
2
Financial
Map
Community
- Address1426 Main Street Venice CA
- AreaC11 – Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
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Courtesy of Pardee Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1426 Main Street
Venice, CA
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