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!
DAYS ON MARKET
|
130
|
LAST UPDATED
|
10/30/2024
|
YEAR BUILT
|
1962
|
COMMUNITY
|
Venice
|
COUNTY
|
Los Angeles
|
STATUS
|
Conditional
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
School District |
Los Angeles Unified |
APPLIANCES |
Disposal, Refrigerator |
AREA |
Venice |
GARAGE |
Assigned, Garage, Side by Side, Tandem, Uncovered, Yes |
HEAT |
Central |
LOT |
6438 sq ft |
LOT DESCRIPTION |
Corners Marked, Rectangular Lot |
PARKING |
Assigned,Garage,Side By Side,Tandem,Uncovered |
POOL DESCRIPTION |
None |
SEWER |
Other |
STORIES |
2 |
STYLE |
Traditional |
VIEW |
Yes |
ZONING |
LAC2 |
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Listed with Pardee Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 2:39 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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