32 N Venice Boulevard
Venice, CA 90291
7
Bed
0
Bath
2,608Sqft
2,491Sqft(Lot)
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 to a Sober Living operator, 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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 5Flooring Information
Tile, Wood -
Interior Features
Appliances: Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1964Building Area Total: 2608Private Pool: No
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Lot Information
Main Square Feet: 2491 Lot Size Acres: 0.0572 Lot Size Square Feet: 2,491
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Listing Price Information
Listing Price: $3150000Original Price: $3500000
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Tax Information
Parcel Number: 4226014024
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Virtual Tour
Parking Information
Parking Total: 6 Attached Carport, Covered, Carport, Garage, Off Site, Side By Side, TandemGarage Information
Has Garage: Yes Has Attached Garage: Yes
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Location Information
Direction: West of Pacific on North Venice. Just past the large public parking lot on the Left . Just before Speedway and the world famous Venice Beach
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3932 Glencoe Avenue, Venice, CA, 90291 | $4,298,000 | 4 | 6 | 4,325 | 4,325 SqFt |
| 2403 Louella Avenue, Venice, CA, 90291 | $2,495,000 | -- | -- | 2,947 | 2,947 SqFt |
| 2445 Glyndon Avenue, Venice, CA, 90291 | $4,650,000 | 5 | 5 | 3,950 | 3,950 SqFt |
| 2013 Louella Avenue, Venice, CA, 90291 | $3,648,000 | 4 | 4 | 3,175 | 3,175 SqFt |
| 2036 Glyndon Avenue, Venice, CA, 90291 | $4,995,000 | 5 | 5 | 4,275 | 4,275 SqFt |
| 2452 Penmar Avenue, Venice, CA, 90291 | $4,950,000 | 9 | -- | 5,486 | 5,486 SqFt |
| 1531 Glencoe Avenue, Venice, CA, 90291 | $4,415,000 | 4 | 4 | 3,240 | 3,240 SqFt |
| 2515 Lincoln Boulevard, Venice, CA, 90291 | $2,699,000 | 3 | 3 | 2,801 | 2,801 SqFt |
| 2513 Lincoln Boulevard, Venice, CA, 90291 | $2,699,000 | 3 | -- | 2,801 | 2,801 SqFt |
| 2132 Walnut Avenue, Venice, CA, 90291 | $4,995,000 | 5 | 4 | 4,050 | 4,050 SqFt |
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ByOwner last updated this listing 07/22/2026 @ 21:01
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