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About the Listing X83386 - X70026
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.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
26748257
Year Built
1964
Total Square Footage
2,608
Lot/Acreage
0.06
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Air Conditioning,Central
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Mixed,Hardwood,Linoleum,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LAC1.5
- Roof:
- Others:
- Sewer:
- Parking Features: Carport,Carport Attached,Covered Parking,Offsite,Side By Side,Tandem
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
32 N Venice Blvd Venice, CA 90291
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