1426 Main Street

Venice, CA 90291

$4,875,000

List Price

0

bed Beds

8

shower Baths

6,587 sqft

straighten / sqft

1962

calendar_month Built

Property Description

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!

Listing Information

List Price $4,875,000
Status Active
MLS 24408041
Type Residential Income
Year Built 1962
Lot Size 6,438
Structure Size 6,587
DOM 25
Courtesy Of Pardee Properties
Listing Agent Tamra (Tami) Pardee DRE#01421451
Co-Listing Agent Samantha Kinnon DRE#01858397

Interior Features

Total Bathroom
Bathrooms 8
Flooring Information
Material Carpet

Exterior Information

Maps

Listing information courtesy of: Tamra (Tami) Pardee, Samantha Kinnon, Pardee Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 29th, 2024 at 8:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.