3 months on rocket

1426 Main St, Venice, CA, 90291

$5,500,000

8 Baths
6,587 SqFt
$835/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingAssigned, Garage, Side By Side, Tandem, Uncovered
Year Built1962
HeatingCentral
MLS #24346019
Lot Size0.15 Acres
StatusActive

About 1426 Main St

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 5.7% 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

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1962
  • Stories: 2
  • Living Area: 6,587 SqFt

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Tamra (Tami) Pardee

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator
  • Flooring Type: Carpet

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Garage, Side By Side, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot: Corners Marked, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Venice Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westminster Avenue Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East of Pacific Ave, West of Abbot Kinney, North of Venice Blvd -- on the corner of Main Street + Market Street!

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $835/SqFt

Tax Information:

  • Annual Amount: $58,062
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1426 Main St vs Los Angeles

112 DAYS ON ROCKET

+78 Days

$5,500,000

+$4.5M More

$835/SqFt

+$203 More

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $203/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24346019

Listing Office:

  • Office Name: Pardee Properties
  • Office Phone: (310) 907-6517
  • Listing Agent: Tamra (Tami) Pardee

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2013Home Sold
$3,624,000
May 30, 2007Home Sold
$2,400,000
Aug 04, 1994Home Sold
$305,000
Jul 01, 1994Home Sold
$282,272
Sep 01, 1993Home Sold
$103,500

Tax History

YEARPROP. TAXASSESSMENT
2021$58,062$4,122,837
2020$56,580$4,080,563
2019$55,960$4,000,553
2018$54,529$3,922,111
2017$54,529$3,845,208

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4549612
5
/10
  • Westminster Avenue Elementary School

  • 1010 Abbot Kinney Blvd

  • 0.19 miles

  • Public Magnet Grades KG-5

school-card-donut-4549613
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.77 miles

  • Public Magnet Grades KG-6

school-card-donut-4549614
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.75 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4549615
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 1.70 miles

  • Public Magnet Grades 6-8

school-card-donut-4549616
4
/10
  • Studio

  • 2211 W Avenue 30

  • 15.64 miles

  • Public District Grades 6-8

High School

school-card-donut-4549617
6
/10
  • Venice Senior High School

  • 13000 Venice Blvd

  • 1.58 miles

  • Public Magnet Grades 9-12

school-card-donut-4549618
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.09 miles

  • Public Magnet Grades 9-12

school-card-donut-4549619
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 15.24 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,385. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1426 Main St

What is the listing price of this property?

The listing price of 1426 Main St property is $5,500,000.

What type of property is this?

The property 1426 Main St is a house located in Venice, California, 90291.

Is this property for sale now?

Active Listing: 1426 Main St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1426 Main St are:
Westminster Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Venice Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $58,062 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2013 for $3,624,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1426 Main St has 8 bathrooms..

What is the square footage of this property?

The property 1426 Main St is 6,587 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1426 Main St is 1962.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles902911426 Main St

This home is located at 1426 Main St in Venice, CA and zip code 90291 in the Venice neighborhood. This 6,587 square foot home, which was built in 1962, sits on a 0.15 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $5,500,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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