$5,500,000

1426 Main Street, Venice 90291

3

Beds

7

Baths

6,587

Square feet

6,438

Lot Size

7

# Of Units

Listing Agent
Tamra (tami) Pardee - Pardee Properties

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!

Facts & Features

MLS® # 24346019
Price $5,500,000
Bedrooms 3
Bathrooms 7.00
Square Footage 6,587
Lot Size 6,438
Year Built 1962
Type Residential Income
Style Traditional
Status Active
# Of Units 7

Community Information

Address 1426 Main Street
Area C11 - Venice
City Venice
County Los Angeles
Zip Code 90291

Amenities

Parking Spaces 13
Parking Assigned, Garage, Tandem, Uncovered, Side By Side
Garages Assigned, Garage, Tandem, Uncovered, Side By Side
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet
Appliances Disposal, Refrigerator
Heating Central
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Exterior

Lot Description Corners Marked, Rectangular Lot

School Information

District Los Angeles Unified

Additional Information

Date Listed January 10th, 2024
Days on Market 127
Zoning LAC2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTamra (tami) Pardee
OfficePardee Properties

Listing Map

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