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21 Market Street

Venice, CA 90291

$25,000/month

List Price

3

bed Beds

3

shower Baths

4,200 sqft

straighten / sqft

1989

calendar_month Built

Property Description

Before Jean-Michel Basquiat became the most electric force in contemporary art, before his paintings sold for over $100 million, he was here at 21 Market Street, staying up all night, painting feverishly between wild encounters with pop stars and Warhol's inner circle. This was his studio in 1984, where he created over 100 of his most seminal works, including Flexible and Gold Griot, ripping through canvases with an urgency that would cement his legend. Originally invited to Venice by art dealer Larry Gagosian, who housed him up the street at 51 Market, Basquiat made 21 Market his own, turning this three-story sanctuary with its interior courtyard into an explosive laboratory of art, music, and excess. It was here, in the heart of Venice Beach, that he stepped fully into his role as the enfant terrible of the art world, forever altering American culture. Just 150 feet from the beach in the epicenter of Venice Beach, this stunning 4,200 sq. ft. artist loft is a masterpiece of space, light, and creative energy. While unassuming from the outside, inside it unfolds into an immersive sanctuary where work and life blend seamlessly. An open-concept kitchen flows into a massive double-height gallery, where soaring ceilings and mounted projectors set the stage for art, community events, and inspiration. Adjacent to the kitchen, three flex spaces provide privacy without sacrificing openness and can adapt to various needs, alongside additional sleeping quarters on the same level. Upstairs, a sprawling gathering room connects to an elevated sleeping area with a Boffi ensuite tub and a loft overlooking the gallery. Below, a raw, industrial-style artist's studio provides the perfect workspace for creators and builders. Cosmetic renovations have just been completed, preserving the creative spirit of the space while enhancing it for modern use. The flexible layout makes it ideal for artists, musicians, dancers, and visionaries seeking a one-of-a-kind creative environment. Currently home to visionary film producers who continue to shape culture from within its storied walls, the space carries forward its legacy of artistic innovation. The echoes of Basquiat's energetic creativity remain embedded in its bones, making this loft more than just a workspace -it's a piece of history. Move-in ready and offered fully furnished with designer pieces and smart appliances, creating a rare blend of function and aesthetic. Seconds from NeueHouse, OPENstudio, and Market Italian Cuisine, it stands as a haven for artists, entrepreneurs, producers, and anyone drawn to its storied walls. Variable lease terms are available for up to 54 months. Businesses welcome.

Listing Information

List Price $25,000/month
Status Active
MLS 25492119
Type Residential Lease
Subtype Condominium
Year Built 1989
Lot Size 7,513
Structure Size 4,200
DOM 8
Courtesy Of ENGEL & VÖLKERS Santa Monica
Listing Agent Raymond Dominguez DRE#01912786

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 3
Flooring Information
Material Wood
Fireplace Information
Features None
Additional Information
Additional Features Atrium

Exterior Information

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Listing information courtesy of: Raymond Dominguez, ENGEL & VÖLKERS Santa Monica 310-460-2525. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 11:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.