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$ 3,150,000
Est. payment | /mo
7 Beds
2,608 SqFt
$ 3,150,000
Est. payment | /mo
7 Beds
2,608 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $1,207
MLS Listing ID CL26748257
Bedrooms 7
HOA Y/N No
Year Built 1964
Lot Size 2,491 Sqft
Acres 0.06
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LAC1.5
Interior
Heating Forced Air, Central
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 4226014024
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Drew Glickman • eXp Realty of Greater Los Angeles
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Patrick Nagel
REALTOR® | Lic# 1760790