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Miracle Mile Multifamily Investment
For Sale
Contact for pricing
Pending

740 S Genesee Ave, Los Angeles, CA 90036

Multifamily property in Miracle Mile near Wilshire Blvd.

Property Size8,328 SF
Lot Size0.15 Acres
Days on Market119

Property Features for 740 S Genesee Ave

General Information

Standard status Pending
Size 8,328 SF
Lot size 0.15 Acres
Property subtype Multifamily
Listing Agency: A.J. Morgan & Company, Inc.
Listed By: Charles Jacob · License #CA 01060216
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 1:30PM

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 A.J. Morgan & Company, Inc.

Investment Insights

Based on property information with market context.

Located in the Miracle Mile neighborhood of Los Angeles, this multifamily property at 740 S Genesee Ave presents an investment opportunity. The property is situated on a 0.15-acre lot and features an 8,328 square foot building. The building contains one-bedroom units and an on-site laundry room. The property is located just off Wilshire Blvd and is near cultural landmarks. The property is also in close proximity to the LA Metro Rail Station.

Key Highlights

  • Prime location in the Miracle Mile neighborhood, just off Wilshire Blvd and close to cultural landmarks.
  • 8,328 square foot building with premium multi‑family apartments.
  • Significant investment opportunity on a 0.15‑acre lot.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Adult Day Care Butcher (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,025
Businesses Nearby

Demographics for 90036, CA

39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property in Miracle Mile near Wilshire Blvd.
Where is this apartment building located?
The property is located at 740 S Genesee Ave Los Angeles, CA.
What are key features of this property?
This property features: Prime location in the Miracle Mile neighborhood, just off Wilshire Blvd and close to cultural landmarks.; 8,328 square foot building with premium multi‑family apartments.; Significant investment opportunity on a 0.15‑acre lot.
More about this property
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