32 N Venice Boulevard, Venice, CA 90291
Local realty services provided by:CENTURY 21 Sierra Properties
32 N Venice Boulevard,Venice (los Angeles), CA 90291
$3,150,000
- 7 Beds
- - Baths
- 2,608 sq. ft.
- Multi-family
- Active
Listed by: drew glickman
Office: exp realty of greater los angeles
MLS#:CL26748257
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$3,150,000
- Price per sq. ft.:$1,207.82
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 #:CL26748257
- Added:56 day(s) ago
- Updated:June 13, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:7
- Flooring:Tile, Wood
- 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:$3,150,000
- Price per sq. ft.:$1,207.82
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Covered, Side By Side, Tandem
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