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Live-Work Compound with Private Offices
For Sale
$7,700,000

120 Mildred Avenue, Venice, CA 90291

A 7,000+ square-foot compound with multiple studios, offices, and outdoor terraces, suited for flexible creative and living use.

Property Size7,000 SF
Price / SF$1,100
Days on Market249

Property Features for 120 Mildred Avenue

General Information

Standard status Active
Size 7,000 SF
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1913
Listing Agency: Pardee Properties
Listed By: Alex Baker
Source: Sevengables
Added: Dec 17, 2025 Changed: Aug 23 Last Checked: Aug 22 at 9:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pardee Properties

Investment Insights

Based on property information with market context.

Vanguard Lofts at 120 & 122 Mildred is a 7,000+ square-foot live-work compound presented as one offering, combining two interconnected architectural residences. The layout includes 6 bedrooms and 6 bathrooms, plus an additional 6 private offices, along with multiple studio and mezzanine spaces. Interiors feature soaring open-truss ceilings and polished concrete floors, with dramatic volume intended for both day-to-day living and work. The property also includes chef’s kitchens, private gardens, decks, roof terraces, and ample onsite parking.

The compound is rooted in a 1924 warehouse that originally housed the Venice Vanguard newspaper printing press, with a renovation described as preserving warehouse character while introducing industrial architectural elements. The two structures were originally designed as separate units of approximately 4,000 and 3,000 square feet, and the offering now presents them as a single campus-style property. It is located moments from the sand, adjacent to Windward Circle, and close to the shops and restaurants on Abbott Kinney.

This configuration supports a range of tenant and owner-operator needs where living, collaboration, and private workspaces must coexist. The combination of bedrooms, dedicated office rooms, and flexible studio/mezzanine areas can support creative operations, live-work headquarters, or expansive private use while maintaining separation through the property’s multi-space design.

Key Highlights

  • 7,000+ sq ft Vanguard Lofts compound at 120 & 122 Mildred with two interconnected architectural residences
  • Built in 1913; originally the 1924 Venice Vanguard newspaper warehouse with printing press
  • Includes 6 bedrooms, 6 bathrooms, plus 6 private offices across the two residences

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Nursing Home Grocery & Convenience Store Daycare Center Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,934
Businesses Nearby

Demographics for 90291, CA

28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - A 7,000+ square-foot compound with multiple studios, offices, and outdoor terraces, suited for flexible creative and living use.
Where is this duplex located?
The property is located at 120 Mildred Avenue Venice, CA.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: 7,000+ sq ft Vanguard Lofts compound at 120 & 122 Mildred with two interconnected architectural residences; Built in 1913; originally the 1924 Venice Vanguard newspaper warehouse with printing press; Includes 6 bedrooms, 6 bathrooms, plus 6 private offices across the two residences
More about this property
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