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.
Additional Features
- Forced Air
- Central
- Multi/Split
- Parking spaces: 6.00
- Listing Status: Active
- Listing Agent: Drew Glickman
(lic# 01493846)
of Beverly Hills/Greater LA
- Listing Office: eXp Realty of Greater Los Angeles
(lic# 02188471)
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Based on information from CRISNet MLS as of 9th August 2026 at 1:15pm. 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.
