$3,150,000
$350K PRICE DROP

32 N Venice Blvd Venice, CA 90291

Venice Neighborhood

Estimated payment $19,879/month

Total Views 4,458
7 Beds
5 Baths
2,608 Sq Ft
$1,208 Price per Sq Ft

Highlights

  • Wood Flooring
  • Side by Side Parking
  • Outdoor Grill
  • Venice High School Rated A
  • Attached Carport
  • Forced Air Heating and Cooling System

About This Home

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.

Listing Agent

Drew Glickman

eXp Realty of Greater Los Angeles License #01493846 Listed on: 04/17/2026

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Attached Carport
  • Side by Side Parking
  • Tandem Parking
  • Off-Site Parking

Additional Features

  • Outdoor Grill
  • 2,491 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4226-014-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

2,491 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2608
  • Lot Acreage: 0.0572
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Hardwood, Linoleum, Tile, Wood
  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Dishwasher, Garbage Disposal, Microwave, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1207.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Carport Attached, Covered Parking, Offsite, Side By Side, Tandem
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air

Lot Info

  • Assessed Improvement Percent: 17.39
  • Assessed Improvement Value: 464232
  • Assessed Land Percent: 82.61
  • Assessed Land Value: 2205110
  • Total Assessed Value: 2669342
  • Assessor Parcel Number: 4226-014-024
  • Lot Size Area: 2491

Rental Info

  • Tenant Pays: Electricity, Exterior Maintenance, Gardener, Gas, Insurance, Water, Trash Collection

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.35
  • Number Of Units: 4
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 34775.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,775 $2,669,342 $2,205,110 $464,232
2024 $34,311 $2,617,003 $2,161,873 $455,130
2023 $33,582 $2,565,690 $2,119,484 $446,206
2022 $32,124 $2,515,383 $2,077,926 $437,457
2021 $31,765 $2,466,063 $2,037,183 $428,880
2019 $30,881 $2,392,920 $1,976,760 $416,160
2018 $30,682 $2,346,000 $1,938,000 $408,000
2016 $22,756 $1,888,365 $1,624,400 $263,965
2015 $22,722 $1,885,283 $1,536,916 $348,367
2014 $22,805 $1,848,353 $1,506,810 $341,543
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/09/2026 06/09/26 Price Changed $3,150,000 -10.0% $1,208 / Sq Ft
04/17/2026 04/17/26 For Sale $3,500,000 -- $1,342 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- Commonwealth Title Co
Interfamily Deed Transfer -- Commonwealth Title Co
Grant Deed -- Commonwealth Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Executors Deed $700,500 Equity Title
Grant Deed $317,000 South Coast Title Company
Grant Deed $245,000 South Coast Title
Trustee Deed $228,124 Chicago Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,160,000 Negative Amortization
Previous Owner $1,160,000 Negative Amortization
Previous Owner $780,000 Purchase Money Mortgage
Previous Owner $500,000 No Value Available
Previous Owner $253,600 No Value Available
Previous Owner $171,500 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26748257

The MLS

APN: 4226-014-024

California Los Angeles County Venice 90291 Venice

32 N Venice Blvd, Venice, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Information is deemed reliable but not guaranteed.

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Drew Glickman
Listing Agent
Drew Glickman
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eXp Realty of Greater Los Angeles
(424) 405-4132
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