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GUIDE SoCal

socal@guiderealestate.com

$ 4,875,000

Est. payment -/mo

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Active

1426 Main St Venice, CA 90291

8 Baths

6,587 SqFt

UPDATED:

07/29/2024 08:29 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,587 sqft

Price per Sqft $740

MLS Listing ID 24-408041

Style Traditional

Year Built 1962

Lot Size 6,438 Sqft

Acres 0.1477

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!

Location

State CA

County Los Angeles

Area Venice

Zoning LAC2

Rooms

Other Rooms None

Dining Room 0

Interior

Interior Features Built-Ins

Heating Central

Cooling Air Conditioning

Flooring Cement, Carpet, Engineered Hardwood, Other

Equipment Built-Ins, Garbage Disposal, Range/Oven, Refrigerator

Exterior

Garage Assigned, Tandem, Side By Side, Uncovered

Garage Spaces 13.0

Pool None

Waterfront Description None

View Y/N Yes

View Tree Top

Building

Lot Description Corners Established, Street Paved, Street Concrete, Sidewalks, Lot Shape-Rectangular

Story 2

Sewer In Street

Water Public

Architectural Style Traditional

Level or Stories Multi/Split

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pardee Properties

GUIDE SoCal

Broker | License ID: DRE#01976964

GUIDE SoCal

1426 Main St Venice, CA 90291

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1426 Main St