1426 Main Street
Venice, CA 90291
- – beds
- – baths
- – sqft
- 6,438 sqft lot
- 1962 build
- – on site
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!
Listed By CRMLS_CA / Tamra (Tami) Pardee / Pardee Properties
Last checked:
Checking…
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Last updated Oct 30, 2024
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MLS# 24408041 —
The Building
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Year Built:1962
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New Construction:No
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Architectural Style:Traditional
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Common Walls:No Common Walls
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Building Area Total:6587.00
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# of Buildings:1
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Total Number Of Units:7
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Stories Total:2
Interior
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Levels:Multi/Split
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Entry Location:Ground Level w/steps
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Flooring:Carpet
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Room Type:Living Room, Office
Financial & Terms
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Disclosures:Coastal Zone
Location
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Directions:East of Pacific Ave, West of Abbot Kinney, North of Venice Blvd -- on the corner of Main Street + Market Street!
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Latitude:33.98897400
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Longitude:-118.47150600
The Property
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Property Type:Residential Income
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Zoning:LAC2
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Lot Features:Corners Marked, Rectangular Lot
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Lot Size Area:6438.0000
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Lot Size Acres:0.1478
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Lot Size SqFt:6438.00
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View:1
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4238012006
Heating & Cooling
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Heating:1
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Heating:Central
Utilities
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Sewer:Other
Appliances
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Appliances:Disposal, Refrigerator
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Included:Yes
The Community
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Senior Community:No
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Tandem Garage, Side by Side, Uncovered
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Parking Spaces:13.00
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Uncovered Spaces:13.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/30/24
Oct 30, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $4,875,000 | |
7/19/24
Jul 19, 2024
|
Listed / Active | CRMLS_CA | $4,875,000 | |
1/10/24
Jan 10, 2024
|
Listed / Active | CRMLS_CA |