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120 Mildred Ave
Venice, CA 90291
Office Property For Sale


Investment Highlights
- 11-17 foor open truss ceilings
- Secured Parking
- Multiple Outdoor Patios
- Multiple private offices
- Multiple Mezzanine spaces
Executive Summary
A rare opportunity to own a true piece of Venice history, 120 & 122 Mildred comprise the iconic Vanguard Lofts, a one-of-a-kind 7,000+ square-foot compound originally rooted in the 1924 warehouse that housed the Venice Vanguard newspaper's printing press. Reimagined through a Danny Kaplan-designed renovation, the property merges preserved warehouse character with bold industrial architecture, creating a space that is both historically significant and exceptionally functional. Offered as one extraordinary compound, the property includes 6 bedrooms, 6 bathrooms, and an additional 6 private offices across two interconnected architectural residences. With soaring open-truss ceilings, polished concrete floors, dramatic volume, and approximately 2,500 square feet of ground-floor space at 120 Mildred alone, the compound offers unmatched flexibility for a creative campus, live/work headquarters, multigenerational living, or an expansive private residence. Thoughtfully designed for both daily living and inspired work, the property features multiple studio and mezzanine spaces, chef's kitchens, private gardens, decks, roof terraces, and ample onsite parking, all just moments from the sand. What makes Vanguard Lofts especially rare is the seamless balance of scale, history, and adaptability. Originally designed as two independent units of approximately 4,000 and 3,000 square feet, the compound now presents a singular opportunity to own a landmark architectural property in the heart of Venice Beach, adjacent to Windward Circle and close to Abbott Kinney's celebrated shops and restaurants. This is more than a home or workspace, it is a legacy property with the soul of old Venice and the versatility to shape its next chapter.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1913/2006
Price
$7,700,000
Price Per SF
$1,100
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,333 SF
Building FAR
1.00
Lot Size
0.16 AC
Zoning
LAR3 - Neighborhood Commercial
Parking
7 Spaces (1 Spaces per 1,000 SF Leased)
Amenities
- Fireplace
- Kitchen
- Roof Terrace
- High Ceilings
- Balcony
Property Taxes
| Parcel Number | 4238-022-037 | Improvements Assessment | $363,743 |
| Land Assessment | $1,607,742 | Total Assessment | $1,971,485 |
Property Taxes
Parcel Number
4238-022-037
Land Assessment
$1,607,742
Improvements Assessment
$363,743
Total Assessment
$1,971,485
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