Fully Leased 4-Unit
For Sale
$3,150,000
32 N Venice Blvd, Venice, CA 90291
Four-unit multifamily property operating under a long-term master lease with scheduled annual rent increases.
Property Size2,608 SF
Price / SF$1,207
Days on Market26
Property Features for 32 N Venice Blvd
General Information
Standard status
Active
Size
2,608 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1964
Listing Agency:
(310) 686-9361
Listed By:
Accardo Real Estate Associates - AREA
(310) 686-9361
Source:
Naylorproperties
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 29 at 4:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Accardo Real Estate Associates - AREA
Investment Insights
Based on property information with market context.
Built in 1964, this four-unit multifamily property is fully leased under a master lease arrangement. The structure provides a single lease relationship across the asset, with annual rent increases of 3% and limited landlord responsibilities described in the lease terms. Strong guarantor backing is also associated with the tenancy.
The property is located at 32 N Venice Blvd in Venice, California, within the Venice Beach area. The asset has a reported property size of 2,608 and is configured as a quadplex, offering four residential units under one ownership structure. Its lease profile may suit purchasers evaluating a lower-management multifamily holding or a 1031 exchange replacement property.
The property is located at 32 N Venice Blvd in Venice, California, within the Venice Beach area. The asset has a reported property size of 2,608 and is configured as a quadplex, offering four residential units under one ownership structure. Its lease profile may suit purchasers evaluating a lower-management multifamily holding or a 1031 exchange replacement property.
Key Highlights
- Four‑unit multifamily asset with all units leased
- Master lease structure with 3% annual rent increases
- Strong guarantor backing associated with the tenancy
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,251
Businesses Nearby
Explore this area
Business Placement
Demographics for 90291, CA
28,442
Population
16,709
Households
1.7
Avg Household Size
39
Median Age
72%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
11,377
Density / Sq Mi
$119,043
Median Household Income
$83,008
Median Earnings
$2,630
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property operating under a long-term master lease with scheduled annual rent increases.
Where is this quadplex located?
The property is located at 32 N Venice Blvd Venice, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Four‑unit multifamily asset with all units leased; Master lease structure with 3% annual rent increases; Strong guarantor backing associated with the tenancy
