32 N Venice Boulevard, Venice, CA 90291

$3,150,000
7
BD
5
BA
2,608
SqFt

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List Price
$3,150,000
Price Change
▼ $350,000 1780996078
Status
ACTIVE
MLS#
26748257
Year Built
1964
Bedrooms
7
Bathrooms
5
Living Sq. Ft
2,608
Lot Size
2,491
Days on Market
101
Property Type
Multifamily
Stories
Multi Level

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.

Additional Information

Appliances
Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Cooling
Yes

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Drew Glickman (drew@gzre.net) from Listing Office: eXp Realty of Greater Los Angeles.

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.