Active

1426 Main St

Venice CA, 90291

$5,500,000


$834.98 per sqft

Active

6,587 sqft

Residential

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 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!

24-346019

MLS ID

January 10, 2024

Listed

April 5, 2024

Updated

Map

1426 Main St
Venice CA, 90291

Interior Features

Total Stories

2


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

75


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

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 Ramey Ward | CA DRE# 01456908 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 4/5/2024

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