32 N Venice Blvd Venice, CA 90291
Venice NeighborhoodEstimated payment $21,415/month
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
eXp Realty of Greater Los Angeles License #01493846 Listed on: 04/17/2026
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $34,311 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $3,500,000 | -- | $1,342 / Sq Ft |
Purchase History
| 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 | -- | -- |
Mortgage History
| 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: The MLS
MLS Number: 26748257
APN: 4226-014-024
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Ask me questions while you tour the home.