32 North Venice Boulevard Venice, CA $ 3,500,000
32 North Venice Boulevard
$ 3,500,000
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32 North Venice Boulevard

Venice, CA, 90291
$ 3,500,000
Baths0.0 Sq 2,608

Monthly Estimate*

$ 21,550

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Studio

Multi-Family Home for sale in Venice, CA

for $3,500,000. This 2,608 square foot home was built in 1964 on a lot size of 0.06.

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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.06

Year Built

1964

Town/City

Venice

County/Region

Los Angeles

MLS | Web ID

0026748257

Features
General
Living Area 2608.0
Heating Forced Air Central
Cooling Central Air
Zoning LAC1.5
Year Built 1964
Tenant Pays Trash Collection Electricity Gas Grounds Care Water Insurance Exterior Maintenance
Levels Multi/Split
County Los Angeles
Net Operating Income 200826.0
New Construction No
Property Type C
HOA No
Status Active
City Venice
Senior Community Y/N No
MLS Area C11 - Venice
Lot Size Units Square Feet
Lot Size Square Feet 2491.0
Standard Status Active
Taxes 34775.0
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Interior
Flooring Tile Wood
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave Barbecue
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Carport Side by Side Tandem Garage Off Site Attached Carport Covered
Lot Size Area 2491.0
Pool Y/N? Yes
Building Area Total 2608.0
Lot Size Acres 0.06
Land Lease Type Fee
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* Excluded Features
List By
Drew Glickman

Listing Agent

Exp Realty Of Greater Los Angeles

Broker

Affordability Calculator

$21,550
Per Month
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Monthly Principal & Interest
$21,550
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$3,500,000 Listed Price

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32 North Venice Boulevard, Venice, CA, 90291 is a Multi-Family Home for sale at $3,500,000 with 2,608 sqft and a lot size of 0.06. 32 North Venice Boulevard is a studio with 0.0 baths and was built in 1964. The property's zip code is 90291 which is in Venice, CA