Call or text 8189391841

23 Mahogany Irvine CA 92620 | MLS #OC26106651

32 N Venice BL Venice CA 90291 | MLS #26748257

MLS #26748257 image #0
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.
Current real estate data for Single Family in Venice as of Sep 06, 2026
203
Single Family Listed
98
Avg DOM
686
Avg $ / SqFt
$1,854,440
Avg List Price

Property Details

Price:
$3,125,000
MLS #:
26748257
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Neighborhood:
c11venice
Listed Date:
Apr 17, 2026
Finished Sq Ft:
2,608
Total Sq Ft:
2,608
Lot Size:
2,491 sqft / 0.06 acres (approx)
Year Built:
1964
C11 – VeniceC11venice

Schools

Interior

Appliances
DW, GD, MW, RF, BBQ
Cooling
CA
Flooring
TILE, WOOD
Heating
FA, CF
Laundry Features
DINC, WINC
Levels
S

Exterior

Attached Garage YN
1
Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$236,028
Net Operating Income
$192,278

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Subdivisions in Venice

Property Summary

    32 N Venice BL Venice CA is a Single Family for sale in Venice, CA, 90291. It is listed for $3,125,000 and features 7 beds, 5 baths, and has approximately 2,608 square feet of living space, and was originally constructed in 1964. The current price per square foot is $1,198. The average price per square foot for Single Family listings in Venice is $686. The average listing price for Single Family in Venice is $1,854,440. To schedule a showing of MLS#26748257 at 32 N Venice BL in Venice, CA, contact your agent at 8189391841.

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