Under contract
1426 Main St
Venice CA, 90291
$4,875,000
$740.09 per sqft
Under contract
8 Baths
6,587 sqft
Multi-family
Built in 1962
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!
24-408041
MLSⓇ ID
July 19, 2024
Listed
November 22, 2024
Updated
Map
1426 Main St
Venice CA, 90291
Interior Features
Total Stories
2
Total Bathrooms
8
Interior Features
Built-Ins
Appliances
Built-Ins, Garbage Disposal, Range/Oven, Refrigerator
Floor Description
Cement, Carpet, Engineered Hardwood, Other
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Corners Established, Street Paved, Street Concrete, Sidewalks, Lot Shape-Rectangular
Architectual Style
Traditional
Sewer
In Street
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
Venice
Days on Market
103
Garage
No
Parking
Assigned, Tandem, Side By Side, Uncovered
Parking Total
13
View
Yes
View Description
Tree Top
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAC2
Listing History
Date | Event | Price |
---|---|---|
10/30/2024 | Under contract | — |
Listed by Tamra (Tami) Pardee with Pardee Properties
Listing Contact: 310-907-6517
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Karsten Demers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/22/2024