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Stacey Alysson Melman

32 N Venice BL
Venice, CA, 90291
$3,125,000
7 Beds
5 Baths
2,608 SqFt
0.06 Acres
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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.
AGENT: Drew Glickman
LISTING BROKERAGE: eXp Realty of Greater Los Angeles
32 N Venice BL
Venice, CA

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
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Schools

Interior

Appliances
Disposal, Microwave, Refrigerator, Barbecue, Dishwasher
Cooling
Central Air
Flooring
Tile, Wood
Heating
Forced Air, Central
Laundry Features
Washer Included, Dryer Included
Levels
Multi/Split

Exterior

Parking Features
Covered, Tandem, Carport, Side By Side, Attached Carport, Off Site
Parking Spots
6
Parking Total
6
Stories
2

Financial

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

Map

Community

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