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32 N Venice Boulevard, Venice, CA 90291

Venice
Local realty services provided by:CENTURY 21 Cornerstone
32 N Venice Boulevard,Venice, CA 90291
$3,500,000
  • 7 Beds
  • 5 Baths
  • 2,608 sq. ft.
  • Multi-family
  • Active
Listed by: drew glickman
Office: exp realty of greater los angeles888-652-1314
MLS#:26748257
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$1,342.02

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 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.

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Home facts

  • Year built:1964
  • Listing ID #:26748257
  • Added:1 day(s) ago
  • Updated:April 18, 2026 at 04:33 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Flooring:Tile, Wood
  • Kitchen Description:Barbecue, Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:2,608 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1964
  • Building area:2,608 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$1,342.02

Features and amenities

  • Appliances:Barbecue, Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Parking description:Attached Carport, Carport, Covered, Garage, Off Site, Side By Side, Tandem
  • Garage:Yes
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