32 N Venice Blvd, Venice, CA 90291
32 N Venice Blvd, Venice, CA 90291
32 N Venice Blvd, Venice, CA 90291
30
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$3,150,000
Est. payment /mo
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7 Beds
5 Baths
2,608 SqFt
Price Dropped by $350K

32 N Venice Blvd Venice, CA 90291

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $1,207

MLS Listing ID 26748257

Bedrooms 7

Year Built 1964

Lot Size 2,491 Sqft

Acres 0.0572

Property Sub-Type Multi-Family

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 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.

Location

State CA

County Los Angeles

Area Venice

Zoning LAC1.5

Rooms

Other Rooms None

Interior

Heating Central, Forced Air

Cooling Air Conditioning, Central

Flooring Mixed, Hardwood, Linoleum, Tile, Wood

Equipment Barbeque, Dishwasher, Garbage Disposal, Microwave, Washer, Dryer, Refrigerator, Range/Oven

Exterior

Parking Features Carport, Carport Attached, Covered Parking, Offsite, Side By Side, Tandem

Garage Spaces 6.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by eXp Realty of Greater Los Angeles

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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32 N Venice Blvd