Listing Agency: Marcus & Millichap - Encino

Listed By: Sam Liberow · License #CA 01933858

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:55PM

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Investment Insights

Based on property information with market context.

This residential income property is configured as a quadplex with 4 units. The asset is located in Los Angeles’s Fairfax District and carries a reported 5.36% cap rate.

Key Highlights

• 4‑unit residential quadplex
• Reported 5.36% cap rate
• Located in Los Angeles’s Fairfax District

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Clothing & Fashion Store Coworking & Hybrid Office Storage Facility

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

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

4,177

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Quadplex - Residential income property located in Los Angeles’s Fairfax District.

Where is this quadplex located?

The property is located at 347 N Genesee Ave Los Angeles, CA.

What are key features of this property?

This property features: 4‑unit residential quadplex; Reported 5.36% cap rate; Located in Los Angeles’s Fairfax District