For sale

Price cut: $25K (8/6)

$3,125,000

32 N Venice Blvd, Venice, CA 90291

7beds

5baths

2,608sqft

$21,069/mo

Get pre-qualified

Multi Family

Built in 1964

-- sqft lot

$3,014,200 Zestimate^®

$1,198/sqft

$-- HOA

What's special

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.

145 days
174
10

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: $1,198/sqft
Tax assessed value: $2,669,342
Date on market: 4/17/2026
Tenant pays: Electricity, Exterior Maintenance, Grounds Care, Gas, Insurance, Water, Trash Collection

Estimated market value

$3,014,200

$2.86M - $3.16M

Not available

Price history

Date	Event	Price
8/6/2026	Price change	$3,125,000-0.8%$1,198/sqft
Source: CLAW #26748257 Report a problem
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
2026	--	$2,722,728 +2%
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