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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.
Property Type(s):
Residential Income
| Last Updated | 4/17/2026 | Year Built | 1964 |
|---|---|---|---|
| Community | C11 - Venice | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | C11 - Venice |
| EXTERIOR | Barbecue |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Forced Air |
| LOT | 2492 sq ft |
| LOT DIMENSIONS | 2491 |
| PARKING | Attached, Attached Carport, Covered, Carport, Garage, Off Site, Side By Side, Tandem |
| STORIES | Split/Multi Level |
Location
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Listed with eXp Realty of Greater Los Angeles
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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