Property Description
347-349 Genesee offers a compelling investment opportunity with strong fundamentals, situated in the heart of the Fairfax District. Incredibly located steps away from Beverly Blvd and a short walk to The Grove, residents enjoy convenient access to an array of daily errands, retail stores, restaurants, and entertainment venues. From iconic landmarks such as the Farmers Market and Melrose Avenue to numerous eclectic boutiques, the allure of this locale translates to high tenant demand and premium rental rates. This prime location boasts exceptional walkability, allowing tenants to revel in the freedom to stroll to nearby attractions. This fosters a sense of community and reduces reliance on transportation, ultimately translating to higher tenant retention rates and enhanced property desirability. The Fairfax District also boasts a robust average household income of nearly $126K within a one-mile radius, reflecting the area’s affluent demographic and strong purchasing power. This economic stability contributes to a favorable investment climate and ensures continued demand for quality rental accommodations. Altogether, 347-349 Genesee is an attractive investment, offering a blend of prime location, strong financial metrics, and desirable tenant demographics.
Features
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Address Map
U.S.
California
Los Angeles
Los Angeles
90036
347 N Genesee Avenue
0
W119° 38' 28.7''
N34° 4' 38.9''
MLS Addon
$0
5,935 Sqft
: No
: No
5.36
98
Near cross streets N Genesee Ave and Oakwood Ave.
: No
2

Residential Income For Sale Los Angeles

347 N Genesee Avenue, Los Angeles, Los Angeles, California, 90036

7 Bedrooms
5,935 Sqft
Visits : 1 in 105 days
$2,275,000
Listing ID #24400507
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24400507
Price : $2,275,000
Bedrooms : 7
Square Footage : 5,935 Sqft
Year Built : 1928
Lot Area : 6,377 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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