Under contract

Active Under Contract

1426 Main Street

Venice CA, 90291

$4,875,000


$740.09 per sqft

Under contract

Active Under Contract

8 Baths

6,587 sqft

Residential

Built in 1962

Listed by Tamra (Tami) Pardee with Pardee Properties 310-907-6517

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!

24408041

MLS ID

July 19, 2024

Listed

November 22, 2024

Updated

Map

1426 Main Street
Venice CA, 90291

Interior Features

Total Stories

2


Total Bathrooms

8


Appliances

Disposal, Refrigerator


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Corners Marked, Rectangular Lot


Architectual Style

Traditional


Sewer

Other

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

C11 - Venice


Days on Market

103


Garage

No


Parking

Assigned, Garage, Side By Side, Tandem, Uncovered


Parking Total

13


View

Yes


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAC2

Listing History

Date

Event

Price

10/30/2024

Under contract

Listing Contact: 310-907-6517 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 6:41 PM UTC

 

Powered byLuxury Presence