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 Bedrooms: 7Bathroom Information
Total Baths: 5 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Barbecue,Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer Flooring: Tile,Wood -
Cooling Features
Central Air Air ConditioningHeating Source
Central,Forced Air Has Heating
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Building Information
Year Built: 1964 Building Area Total: 2,608
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0572 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 2491
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Listing Price Information
Original List Price: 3,500,000 Listing Contract Date: 2026-04-17 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 4226014024
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Garage and Parking
Garage Description: Attached Carport,Covered,Carport,Garage,Off Site,Side By Side,Tandem Attached Garage: YesHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Exterior Maintenance,Gas,Grounds Care,Insurance,Trash Collection,Water
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Other Property Info
Source Listing Status: Active Source Neighborhood: C11 - Venice Postal Code Plus 4: 4166 Directions: 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 Zoning: LAC1.5 Source Property Type: Residential Income Area: C11 - Venice -
Building and Construction
Property Age: 62 Year Built Source: Vendor Enhanced Total Square Feet Living: 2608 Levels or Stories: Multi/Split
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 | $4,299,000 | 4 | 6 | 4,325 | 4,325 SqFt |
| 2403 Louella Avenue, Venice, CA, 90291 | $2,495,000 | -- | -- | 2,947 | 2,947 SqFt |
| 2478 Glyndon Avenue, Venice, CA, 90291 | $1,850,000 | 4 | 2 | 2,807 | 2,807 SqFt |
| 2040 Glencoe Avenue, Venice, CA, 90291 | $4,748,000 | 4 | 4 | 3,800 | 3,800 SqFt |
| 2445 Glyndon Avenue, Venice, CA, 90291 | $4,650,000 | 5 | 5 | 3,950 | 3,950 SqFt |
| 2026 Louella Avenue, Venice, CA, 90291 | $4,095,000 | 4 | 4 | 3,400 | 3,400 SqFt |
| 2477 Walnut Avenue, Venice, CA, 90291 | $1,885,000 | 4 | 2 | 1,398 | 1,398 SqFt |
| 1347 Palms Boulevard, Venice, CA, 90291 | $9,600,000 | 4 | 4 | 3,872 | 3,872 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 |
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ByOwner last updated this listing 06/07/2026 @ 02:52
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