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
Price:
$3,125,000
MLS #:
26748257
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Apr 17, 2026
Finished Sq Ft:
2,608
Total Sq Ft:
2,608
Lot Size:
2,491 sqft / 0.06 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
Disposal, Microwave, Refrigerator, Barbecue, Dishwasher
Cooling
Central Air
Flooring
Tile, Wood
Heating
Forced Air, Central
Laundry Features
Washer Included, Dryer Included
Levels
Multi/Split
Exterior
Parking Features
Covered, Tandem, Carport, Side By Side, Attached Carport, Off Site
Parking Spots
6
Parking Total
6
Stories
2
Financial
Map
Community
- Address32 N Venice BL Venice CA
- CityVenice
- CountyLos Angeles
- Zip Code90291
Subdivisions in Venice
Market Summary
Current real estate data for Single Family in Venice as of Oct 23, 2026
189
Single Family Listed
104
Avg DOM
808
Avg $ / SqFt
$2,023,473
Avg List Price
Property Summary
- 32 N Venice BL Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $3,125,000 and features 7 beds, 5 baths, and has approximately 2,608 square feet of living space, and was originally constructed in 1964. The current price per square foot is $1,198. The average price per square foot for Single Family listings in Venice is $808. The average listing price for Single Family in Venice is $2,023,473.
Similar Listings Nearby
Courtesy of eXp Realty of Greater Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.32 N Venice BL
Venice, CA