Venice, CA
$3,150,000
32 N Venice Boulevard, Venice, CA
7
Beds
5
Baths
2,608
Sq Ft
1964
Built
91
Days listed
About this home
32 N Venice Blvd presents a rare opportunity to acquire a fully leased 4-unit multifamily asset in the heart of Venice Beach. The property is secured by a long-term master lease delivering stable, passive income with minimal landlord responsibilities. With 3% annual rent increases, strong guarantor backing, and a prime coastal location, this asset offers a bond-like investment profile with built-in yield growth. The investment is particularly well suited for 1031 exchange buyers seeking a secure, low-management replacement asset, combining predictable income, limited operational burden, and long-term appreciation potential in a premier coastal market.
Facts & features
Interior
- Bedrooms
- 7
- Bathrooms
- 0 full, 0 half
- Living area
- 2,608 sq ft
- Appliances
- Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Flooring
- Tile, Wood
- Heating
- Central, Forced Air
- Cooling
- Central Air
- Levels
- Multi Split
Exterior & lot
- Lot size
- 0.057 acres (2,491 sq ft)
- Year built
- 1964
- Parking
- Attached Carport, Covered, Carport, Garage, Off Site, Side By Side, Tandem
- Parking spaces
- 6
Community
- Area
- C 11 - Venice
- County
- Los Angeles
Listing details
- Status
- Active
- Property type
- Residential Income
- Days on market
- 91
- Listed
- 2026-04-17
- Original price
- $3,500,000
- Parcel #
- 4226014024
- MLS #
- 26748257
Listed by
Drew Glickman · eXp Realty of Greater Los Angeles
