ResidentialIncome
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32 N Venice Boulevard, Venice, CA 90291
32 N Venice Boulevard
Overview
Property ID: HZ26748257
- 7
- 5
- 2608
- 1964
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.
Address
Open on Google Maps- Address Venice
- City Venice
- State/county Los Angeles
- Zip/Postal Code 90291
Details
Updated on April 25, 2026 at 10:09 am- Property ID: HZ26748257
- Price: $3,500,000
- Property Size: 2608 Sq Ft
- Bedrooms: 7
- Bathrooms: 5
- Year Built: 1964
- Property Status: ResidentialIncome
- Listed by: Drew Glickman
- DRE #: 01493846
- Contact Mail: drew@gzre.net
- Brokered by: eXp Realty of Greater Los Angeles
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