- 7 Beds
- 5 Baths
- 2,608 Sqft
- .06 Acres
32 N Venice Boulevard
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.
Essential Information
- MLS® #26748257
- Price$3,150,000
- Bedrooms7
- Bathrooms5.00
- Square Footage2,608
- Acres0.06
- Year Built1964
- TypeResidential Income
- StatusActive
Community Information
- Address32 N Venice Boulevard
- AreaC11 - Venice
- CityVenice
- CountyLos Angeles
- Zip Code90291
Amenities
- Parking Spaces6
Parking
Carport, Garage, Attached Carport, Covered, Off Site, Side By Side, Tandem
Garages
Carport, Garage, Attached Carport, Covered, Off Site, Side By Side, Tandem
Interior
- InteriorTile, Wood
- HeatingCentral, Forced Air
- CoolingCentral Air
- # of Stories2
- StoriesMulti/Split
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Additional Information
- Date ListedApril 17th, 2026
- Days on Market85
- ZoningLAC1.5
Listing Details
- AgentDrew Glickman
Office
eXp Realty of Greater Los Angeles
Price Change History for 32 N Venice Boulevard, Venice, (MLS® #26748257)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,500,000 to $3,150,000 |
Drew Glickman, eXp Realty of Greater Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. as of July 11th, 2026 at 6:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.