1426 Main St
Venice, CA 90291
INCREDIBLE VALUE - PRIME OPPORTUNITY!
Sales Price $5,500,000
Beds
0
Baths
8
Home Size
6587 Sq. Ft.
Lot Size
6436 Sq. Ft.
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INCREDIBLE VALUE - PRIME OPPORTUNITY!
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 5.6% 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! **Full Rent Roll In Docs Portion of MLS**
Highlights
- 108 days on market
- Built in 1962
- Total parking spaces 11Car
- Assigned, Tandem, Side By Side, Uncovered
- Community | Venice
- MLS# | 23-278861
Features
- Air Conditioning Cooling
- Central Heat
- Cement Floors, Carpet Floors, Engineered Hardwood Floors, Other Floors
- Has View
- Tree Top Views
Explore Venice, CA
Perched right on the Pacific Ocean, this tight-knit community is a cultural hub, well known for its eccentricities and its beauty.
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