7-Bedroom Residential Income - 32 N Venice Boulevard, Venice, CA
$3,125,000
32 N Venice Boulevard, Venice, CA
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.
Property details
Location
32 N Venice Boulevard • Venice, CA 90291
Listed by
Drew Glickman · eXp Realty of Greater Los Angeles
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Recent sales near 32 N Venice Boulevard
100 S Venice Boulevard 3: Sold $860,000 · 2 bd · 2 ba · 979 sqft · Aug 2026 · 0.1 mi
Nourmand & Associates-BW | DRE #01897050
Buyer's agent: Jarvis Jones, eXp Realty of Greater Los Angeles, Inc. | DRE #023348432008 Strongs Drive: Sold $3,200,000 · 7 bd · 7 ba · 4,008 sqft · Jul 2026 · 0.1 mi
Compass | DRE #01873487
Buyer's agent: Glenn Brander, Miller & Desatnik Realty Co. | DRE #010202282010 Canal: Sold $1,545,000 · Aug 2026 · 0.1 mi
ADR/Preferred Bus.Prop | DRE #02104699
Buyer's agent: Robert Valandra, The Flying V Realty Inv. Co. | DRE #010678872008 Canal: Sold $1,575,000 · Jul 2026 · 0.1 mi
ADR/Preferred Bus.Prop | DRE #02104699
Buyer's agent: Justin Seigel, ADR/Preferred Bus.Prop | DRE #02104699303 Venice Way: Sold $2,815,000 · 3 bd · 4 ba · 3,263 sqft · Aug 2026 · 0.2 mi
Carolwood Estates | DRE #01864250
Buyer's agent: Danielle Yeretzian, The Agency | DRE #02035013223 Howland Canal: Sold $2,900,000 · Sep 2026 · 0.2 mi
Purunjian Inc. | DRE #01417303
Buyer's agent: L.J Mismas, Westside Pacific Estates Inc. | DRE #01889106223 Howland Canal: Sold $2,900,000 · 4 bd · 4 ba · 1,958 sqft · Sep 2026 · 0.2 mi
Purunjian Inc. | DRE #01417303
Buyer's agent: L.J Mismas, Westside Pacific Estates Inc. | DRE #0188910651 27th Avenue: Sold $8,123,174 · 5 bd · 5 ba · 2,999 sqft · Jul 2026 · 0.2 mi
Private Beverly Hills | DRE #01928051
Buyer's agent: Alex Hoerner, Berkshire Hathaway HomeServices California Properties | DRE #02075041
Closed sales reported in 90291, nearest first, last 12 months. All recent sales in Venice →