About 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 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.
Features of 32 N Venice Boulevard
| MLS® # | 26748257 |
|---|---|
| Price | $3,125,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Square Footage | 2,608 |
| Acres | 0.06 |
| Year Built | 1964 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 32 N Venice Boulevard |
|---|---|
| Area | C11 - Venice |
| City | Venice |
| County | Los Angeles |
| Zip Code | 90291 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Carport, Garage, Tandem, Attached Carport, Covered, Off Site, Side By Side |
| Garages | Carport, Garage, Tandem, Attached Carport, Covered, Off Site, Side By Side |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Wood |
|---|---|
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Barbecue |
| Heating | Central, Forced Air |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | April 17th, 2026 |
|---|---|
| Days on Market | 147 |
| Zoning | LAC1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Drew Glickman |
|---|---|
| Office | eXp Realty of Greater Los Angeles |