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32 N Venice Blvd

Los Angeles CA 90291

7
5
6
2608 sq. ft.
2491 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

7 bedrooms
5 bathrooms
6 carspaces
1 garage space
2608 sq. ft. floor area
2491 sq. ft. lot size
Other

Property history for 32 N Venice Blvd

2007
Sold
$1,823,024
23 Apr 2007

Happy sellers in Los Angeles

57%
57% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Los Angeles over the last 12 months.

Local market activity for 7 bedroom other properties in Los Angeles

In the last 12 months, 1 seven-bedroom other similar to 32 N Venice Blvd, have been sold.

This represents a 67% increase in seven-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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