728 S Genesee Ave

Description

728 S Genesee Ave is a rare five-unit multifamily offering in the heart of the Miracle Mile, coming to market for the first time in over 49 years. The property features an excellent unit mix of (2) one-bedroom and (3) two-bedroom units, with spacious layouts averaging approximately 1,169 SF each—well above typical multifamily standards—and formal dining rooms throughout. Quality construction details include copper plumbing, individual water heaters, and separately metered gas and electric. Each unit offers en suite washer/dryer hookups, with select units featuring private balcony space. The property includes 5 private garage parking spaces and sits on a generous 6,484 SF lot zoned LAR3, located within a Historic Preservation Overlay Zone (HPOZ). Situated in the supply-constrained 90036 zip code, residents enjoy an AAA+ Westside-adjacent location just minutes from The Grove, LACMA, the La Brea Tar Pits, and the boutique shops and dining of Larchmont Village. The property will be delivered with four of five units vacant at close of escrow, presenting an exceptional value-add opportunity for an investor seeking immediate lease-up upside in one of Los Angeles' most desirable and historically protected neighborhoods.