For Sale

Listed by Drew Glickman

Source: Combined LA Westside Multiple Listing Service, Inc #26748257

32 N Venice Blvd, Los Angeles, CA, 90291

$3,150,000

7
5
6
2608 sq. ft.
2491 sq. ft.

Other

•

30+ days on the market

What's around 32 N Venice Blvd

About this property

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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