32 N Venice BLVD, Venice, CA 90291
32 N Venice BLVD, Venice, CA 90291
32 N Venice BLVD, Venice, CA 90291
32 N Venice BLVD, Venice, CA 90291
32 N Venice BLVD, Venice, CA 90291
32 N Venice BLVD, Venice, CA 90291
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Shiv Patel

Shiv Patel

+1(949) 565-2691
$ 3,500,000
Est. payment | /mo

7 Beds

5 Baths

2,608 SqFt

Save
$ 3,500,000
Est. payment | /mo
Save

7 Beds

5 Baths

2,608 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $1,342

MLS Listing ID 26748257

Bedrooms 7

HOA Y/N No

Year Built 1964

Lot Size 2,491 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C11 - Venice

Zoning LAC1.5

Interior

Heating Central, Forced Air

Cooling Central Air

Flooring Tile, Wood

Fireplace No

Appliance Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Attached Carport, Covered, Carport, Garage, Off Site, Side By Side, Tandem

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4226014024

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Drew Glickman eXp Realty of Greater Los Angeles #01493846

Nearby Locations

Shiv Patel

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 565-2691

shiv@realestatewithshiv.com

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