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$4,875,000
Est. payment /mo
6,587 SqFt
UPDATED:
11/12/2024 11:25 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 6,587 sqft
Price per Sqft $740
MLS Listing ID CL24408041
HOA Y/N No
Year Built 1962
Lot Size 6,438 Sqft
Acres 0.15
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 allur
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Heating Other
Flooring Carpet
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Lot Description Other
Water Other
New Construction No
Others
Tax ID 4238012006
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Listed by Tamra (Tami) Pardee • Pardee Properties