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Four-Unit Residential Income Property
For Sale
$1,735,000

428 N Genesee Ave, Los Angeles, CA 90036

Well-maintained four-unit property with two two-bedroom and two one-bedroom units, including varied lease terms.

Days on Market154

Property Features for 428 N Genesee Ave

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 4

Building Details

Building Size 4,113 SF
Year Built 1938
Listing Agency: Compass
Listed By: Dana Coronado · License #01746702
Source: Rochellemaize
Added: Feb 26 Changed: Jul 27 Last Checked: Jul 30 at 10:56AM

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 Compass

Investment Insights

Based on property information with market context.

428 N Genesee Ave presents a well-maintained four-unit residential income property with a total of two 2BR+1BA apartments and two 1BR+1BA apartments. The current lease lineup includes one owner-occupied unit, one month-to-month unit, one unit on a one-year lease, and one unit whose lease expires in May 2026. Two units will be delivered vacant at close of escrow. The building also features a brand new electrical panel installed in 2025.

Located at 428 N Genesee Ave in Los Angeles, the property is described as being blocks from Fairfax High School, The Grove, and the Beverly Center, placing it near retail, dining, and entertainment destinations in the Beverly Grove area.

Key Highlights

  • Four‑unit building built in 1938 with 2 two‑bedroom units and 2 one‑bedroom units (2Br+1Ba and 1Br+1Ba).
  • Lease mix includes: one owner‑occupied unit, one month‑to‑month unit, one with a 1‑year lease, and one lease expiring May 2026.
  • 2 units will be delivered vacant at close of escrow.

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,070
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?
Quadplex - Well-maintained four-unit property with two two-bedroom and two one-bedroom units, including varied lease terms.
Where is this quadplex located?
The property is located at 428 N Genesee Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,735,000.
What are key features of this property?
This property features: Four‑unit building built in 1938 with 2 two‑bedroom units and 2 one‑bedroom units (2Br+1Ba and 1Br+1Ba).; Lease mix includes: one owner‑occupied unit, one month‑to‑month unit, one with a 1‑year lease, and one lease expiring May 2026.; 2 units will be delivered vacant at close of escrow.
More about this property
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