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1426 Main ST Venice, CA 90291
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Key Details
Sold Price $4,565,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 6,587 sqft
Price per Sqft $693
MLS Listing ID 24408041
Year Built 1962
Lot Size 6,438 Sqft
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 C11 - Venice
Zoning LAC2
Interior
Heating Central
Flooring Carpet
Exterior
Parking Features Assigned, Garage, Side By Side, Tandem, Uncovered
Pool None
View Y/N Yes
Building
Lot Description Corners Marked, Rectangular Lot
Story 2
Sewer Other
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Subscriber Non Non-Participant Office
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