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 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.
For sale
Price cut: $350K (6/9)
$3,150,000
32 N Venice Blvd, Venice, CA 90291
7beds
5baths
2,608sqft
Multi Family
Built in 1964
-- sqft lot
$3,008,400 Zestimate®
$1,208/sqft
$-- HOA
What's special
- 94 days |
- 235 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Drew Glickman DRE # 01493846 310-600-6208,
eXp Realty of Greater Los Angeles 888-652-1314
Source: CLAW,MLS#: 26748257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Central, Forced Air
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Barbeque, Dishwasher, Disposal, Microwave, Washer, Dryer, Refrigerator, Range/Oven
Features
- Flooring: Mixed, Hardwood, Linoleum, Tile, Wood
Interior area
- Total structure area: 2,608
- Total interior livable area: 2,608 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Attached Carport, Covered, Off Site, Side By Side, Tandem
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 2,491 Square Feet
Details
- Additional structures: None
- Parcel number: 4226014024
- Zoning: LAC1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1964
Community & HOA
Location
- Region: Venice
Financial & listing details
- Price per square foot: $1,208/sqft
- Tax assessed value: $2,669,342
- Annual tax amount: $34,775
- Date on market: 4/17/2026
- Tenant pays: Electricity, Exterior Maintenance, Grounds Care, Gas, Insurance, Water, Trash Collection
Estimated market value
$3,008,400
$2.86M - $3.16M
$6,307/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $3,150,000-10%$1,208/sqft |
Source:  CLAW #26748257 Report a problem | ||
| 4/17/2026 | Listed for sale | $3,500,000-1.1%$1,342/sqft |
Source: CLAW #26748257 Report a problem | ||
| 12/8/2020 | Listing removed | $3,540,000$1,357/sqft |
Source: Coldwell Banker Realty #20648426 Report a problem | ||
| 11/18/2020 | Price change | $3,540,000-1.7%$1,357/sqft |
Source: Coldwell Banker Realty #20648426 Report a problem | ||
| 10/19/2020 | Listed for sale | $3,600,000+413.9%$1,380/sqft |
Source: Coldwell Banker Realty #20648426 Report a problem | ||
| 3/7/2002 | Sold | $700,500+121%$269/sqft |
Source: Public Record Report a problem | ||
| 6/17/1996 | Sold | $317,000+29.4%$122/sqft |
Source: Public Record Report a problem | ||
| 3/22/1996 | Sold | $245,000+7.4%$94/sqft |
Source: Public Record Report a problem | ||
| 1/4/1996 | Sold | $228,124$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,775 +1.4% | $2,669,342 +2% |
| 2024 | $34,311 +2.2% | $2,617,003 +2% |
| 2023 | $33,582 +4.5% | $2,565,690 +2% |
| 2022 | $32,124 +1.1% | $2,515,383 +2% |
| 2021 | $31,765 -1% | $2,466,063 +1% |
| 2020 | $32,073 | $2,440,778 +2% |
| 2019 | $32,073 +4.5% | $2,392,920 +2% |
| 2018 | $30,682 | $2,346,000 +21.8% |
| 2017 | $30,682 +20.4% | $1,926,132 +2% |
| 2016 | $25,491 +12% | $1,888,365 +0.2% |
| 2015 | $22,756 -0.2% | $1,885,283 +2% |
| 2014 | $22,805 | $1,848,353 +21.9% |
| 2012 | -- | $1,516,333 +2% |
| 2011 | -- | $1,486,602 +0.8% |
| 2010 | -- | $1,475,493 -0.2% |
| 2009 | -- | $1,479,000 |
| 2008 | -- | $1,479,000 +73.4% |
| 2007 | -- | $853,055 +2% |
| 2006 | -- | $836,329 |
| 2005 | -- | $836,329 +15% |
| 2004 | -- | $727,537 +1.9% |
| 2003 | -- | $714,204 +100.4% |
| 2002 | -- | $356,473 +4% |
| 2000 | -- | $342,634 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Venice
Nearby schools
GreatSchools rating
- 7/10Westminster Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Mark Twain Middle School and World Languages MagnetGrades: 6-8Distance: 1.9 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 1.7 mi
- $--7 bd5 ba2.6k sqft32 N Venice Blvd #1-4, Venice, CA 90291Off Market
- $1,425,0002 bd2 ba1.4k sqft18 N Venice Blvd APT A, Venice, CA 90291Sold
- $1,530,9002 bd2 ba1.4k sqft18 N Venice Blvd APT B, Venice, CA 90291Off Market
- $1,592,0002 bd2 ba1.4k sqft18 N Venice Blvd APT C, Venice, CA 90291Off Market
- $1,336,5002 bd2 ba1.4k sqft18 N Venice Blvd APT D, Venice, CA 90291Off Market
- $---- bd1 ba450 sqft18 N Venice Blvd, Venice, CA 90291Off Market
- $--1 bd1 ba700 sqft21 S Venice Blvd #C7725AC93, Venice, CA 90291Off Market
- $--1 bd1 ba700 sqft21 S Venice Blvd #4CC8FCAB7, Venice, CA 90291Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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