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 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.

Facts and features

Schools

• Westminster Avenue Elementary School

  elementary · K-5 · 0.5 mi

  7

• Mark Twain Middle School and World Languages Magnet

  middle · 6-8 · 1.7 mi

  8

• Venice Senior High School

  high · 9-12 · 1.8 mi

  8

• VENICE LUTHERAN SCHOOL

  elementary · K-8 · 0.8 mi

• Ecole Claire Fontaine

  elementary · K · 0.8 mi

• Acton Academy Venice Beach

  elementary · K-11 · 0.8 mi

Price history

• Aug 6, 2026 · Price Changed$3,125,000
• Jun 9, 2026 · Price Changed$3,150,000
• Apr 17, 2026 · Listed$3,500,000
• Aug 4, 2022 · Listing Removed—
• Jun 14, 2022 · Price Changed For Rent$15,500
• Apr 29, 2022 · Listed For Rent$18,500
• Dec 9, 2020 · Listing Removed—
• Nov 18, 2020 · Price Changed$3,540,000

Tax history

• 2025$34,774 tax · $2,722,728 assessed
• 2024$34,311 tax · $2,669,342 assessed
• 2023$33,581 tax · $2,565,690 assessed
• 2022$32,123 tax · $2,515,383 assessed
• 2021$31,765 tax · $2,466,063 assessed
• 2020$32,073 tax · $2,440,778 assessed
• 2019$30,880 tax · $2,392,920 assessed
• 2018$30,681 tax · $2,346,000 assessed

Home value

$2,436,576

• Quantarium$2,436,576

Where it is