Venice Beach, California
Fully Leased Venice Beach Investment Opportunity
A stabilized 4-unit multifamily asset with a long-term master lease, built-in annual rent growth, rooftop amenities, and an irreplaceable coastal location.
Investment Overview
A coastal net-lease alternative in the heart of Venice Beach.
32 N Venice Blvd presents a rare opportunity to acquire a fully leased multifamily asset in one of Southern California's most recognizable coastal markets. The property is secured by a long-term master lease to a sober living operator, creating stable income, reduced management burden, and built-in yield growth.
With 3% annual rent increases, strong guarantor backing, and minimal landlord responsibilities, the asset offers a passive ownership profile rarely found in Venice Beach multifamily.
Improved Current Yield
Priced at $3,150,000 with an estimated 6.09% cap rate based on $191,778 NOI.
Master Lease Structure
Long-term master lease through October 2028 with 3% annual rent increases.
Passive Ownership Profile
Single tenant operation with minimal landlord responsibilities: structure and roof only.
Premier Venice Location
Steps from Venice Beach, the Boardwalk, paddle tennis courts, and Abbot Kinney.
Rooftop Amenity
Ocean views, outdoor dining, and Venice Beach energy.
Gallery
Curated Property Imagery
Selected photography highlighting the rooftop deck, renovated interiors, exterior presence, and Venice Beach lifestyle.
Location
Steps from Venice Beach in a globally recognized coastal market.
Located near the Venice Beach Boardwalk, Muscle Beach, paddle tennis courts, LA Louver Gallery, and Abbot Kinney Boulevard, 32 N Venice Blvd benefits from one of Los Angeles' most dynamic lifestyle and rental demand drivers.
Presented By
Drew Glickman
Golden Zebra Real Estate
Brokered by eXp Realty of Greater Los Angeles
DRE #01493846
Contact broker for offering materials, tours, and additional financial information.