$5,500,000
Active
145 Days Online
0 Beds8 Baths6,587 SQFT
Active

1426 Main Street Venice, CA 90291

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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!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site144 Days
  • MLS StatusActive
  • MLS ID Number24346019
  • Home Size Source Other
  • Year Built1962
  • Lot Size0.1478 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Parking AssignedTandem GarageSide by SideUncovered
  • Parking Spaces 13
  • Sewer Other
  • Number of Stories Multi/Split2
  • Acreage 0.1478
  • Garage Spaces 0
  • Zoning LAC2
  • Listing Conditions Standard

Interior Features

  • Heating Central
  • Appliances DisposalRefrigerator
  • Flooring Carpet

Exterior Features

  • Spa No
  • Pool Features None
  • Spa Features None
  • Lot Corners MarkedRectangular Lot

Community Features

  • Senior Community No
  • MLS Area C11 - Venice

Schools

School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$29,362
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