$4,875,000 Price Analysis 1426 Main StVenice, CA 90291 0 bed 8 bath 6,587 SqFt ($740/SqFt) 6,438SqFt lot. Built 1962 Listed 2024-07-19 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 varous needs, from music production studios and film production spaces to designer creative studios and charming residential apartments. With pleasing built-ins and renovations done over time, this building comes with long-standing and well-est ablished tenancy - you can step in and start reaping the benefits of rental income right away. One of the upstairs units features a sizeable 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 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!
Presented by Tami Pardee at
Pardee Properties.
Property MLS #24-408041 from TheMLSCLAW
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.