32 N Venice Boulevard, Venice, CA 90291
List Price: $3.5M
Listing Status: Active
0Days on Market: 0
7 Bedrooms · 5 Bathrooms · 2,608 sq ft
Property Type: ResidentialIncome
Year Built: 1964
Lot Size: 2,491 sq ft
MLS Number: 26748257
About This Property
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 to a Sober Living operator, 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.