$3,125,000
 $16,776 est/mo Sourced by Back At You

32 N Venice Boulevard,Venice, CA 90291

Venice, CA 90291

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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.

Details

MLS #26748257
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site135
Listing Provided ByeXp Realty of Greater Los Angeles | Drew Glickman

Features

Bed(s)7
Bath(s)5
SQ Feet2,608
Car PortYes
Story(s)2
Units4
Building(s)1
ZoningLAC1.5
Acreage0.06

Interior

CoolingCentral Air
HeatingCentral, Forced Air
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesBarbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Parking

Attached Garage Yes / NoYes
Parking FeaturesAttached Carport, Covered, Carport, Garage, Off Site, Side By Side, Tandem
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$3,125,000
low | high
Med:
$2,595,000
66.96% of Average
sqft:
2,608
low | high
Med:
4,338
16.334355828221% of Average
$ / sqft:
$1,198
low | high
Med:
$598
100% of Average
On site:
135
low | high
Med:
82
100% of Average
Sourced by Back At You

Market Activity 90291

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityVenice
Zip Code90291
AreaC11 Venice
Listing VS Median (in 90291)
Price:
$3,125,000
low | high
Med:
$2,595,000
66.96% of Average
sqft:
2,608
low | high
Med:
4,338
16.334355828221% of Average
$ / sqft:
$1,198
low | high
Med:
$598
100% of Average
On site:
135
low | high
Med:
82
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.343M - $3.96M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
35 23rd Avenue Property Photo 1
$2,650,000
35 23rd Avenue
Venice, CA 90291
Listing Updated: August 21, 2026 at 11:49:52 PM PDT