Mohr Real Estate Group

Mohr Real Estate Group

1426 Main Street Venice CA 90291 MLS #24408041

1426 Main Street
Venice, CA, 90291
$4,875,000
Beds
0 Baths
SqFt
0.15 Acres
Add
Add
$4,875,000
1426 Main Street
Venice, CA, 90291
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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!

Property Details

Price:
$4,875,000
MLS #:
24408041
Status:
Active Under Contract
Baths:
0
Address:
1426 Main Street
Type:
Residential Income
Neighborhood:
c11venice
City:
Venice
Listed Date:
Jul 19, 2024
State:
CA
ZIP:
90291
Lot Size:
6,438 sqft / 0.15 acres (approx)
Year Built:
1962

Schools

Interior

Appliances
Disposal, Refrigerator
Flooring
Carpet
Heating
Central

Exterior

Garage Spaces
0.00
Lot Features
Corners Marked, Rectangular Lot
Parking Features
Assigned, Tandem Garage, Side by Side, Uncovered
Parking Spots
13.00
Pool Features
None
Sewer
Other
Spa Features
None
Stories Total
2

Financial

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