32 N Venice Boulevard, Venice, CA 90291
- $3,125,000
- 7
- BD
- 5
- BA
- 2,608
- SqFt
Listing courtesy of Listing Agent: Drew Glickman (drew@gzre.net) from Listing Office: eXp Realty of Greater Los Angeles.
- List Price
- $3,125,000
- Status
- ACTIVE
- Days on Market
- 145
- Price Change
- ▼ $25,000 1786059770
- MLS#
- 26748257
- Subtype
- Residential Income
- Year Built
- 1964
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 2,608
- Lot Size
- 2,491
- Acres
- 0.06
- MLS Area Major
- Venice (C11)
Property Description
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 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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Additional Information
- Zoning
- LAC1.5
- Flooring
- Tile, Wood
- Appliances
- Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Heating
- Central, Forced Air
- Air Conditioning
- Yes
- Stories
- Multi Level
- Levels
- Multi/Split
- Parking Features
- Attached Carport, Covered, Carport, Garage, Off Site, Side By Side, Tandem
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.