Skip To Content

    1036 N Genesee Ave

    West Hollywood, CA 90046
    • $3,450,000
    • STATUS: Closed
    • ON SITE: 85 days
    • ID#: 21-682290
    Sold - 04/09/2021
    $3,450,000
    SOLD - 04/09/2021
    • 12
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,190
      SQFT
    • $421
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    1036 N. Genesee Ave is a 10-unit apartment building located in the heart of West Hollywood! Built-in 1960, this two-story building happens to be the perfect opportunity for investors looking to acquire a passive investment with future upside potential. Ideally located in one of the most desirable West Hollywood neighborhoods known for its great walkability, this property's curb appeal showcases the recent renovations completed over the last few years. This property offers investors the perfect opportunity to acquire a passive investment with future upside potential. The recent renovations have increased the income significantly, while still leaving room for a value-add component for a new owner.

    Sold by Saadia 'Sam' Liberow BRE#01933858 of Marcus & Millichap.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-15T12:42:44.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/113402582
    Print Image

    1036 N Genesee Ave West Hollywood, CA 90046

    • Price: $3,550,000
    • Status: Closed
    • Updated: 50 min ago
    • ID#: 21-682290
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    8,190
    SQFT
    $421
    $/SQFT
    1960
    Built
    Neighborhood:
    West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity
    Property Description
    1036 N. Genesee Ave is a 10-unit apartment building located in the heart of West Hollywood! Built-in 1960, this two-story building happens to be the perfect opportunity for investors looking to acquire a passive investment with future upside potential. Ideally located in one of the most desirable West Hollywood neighborhoods known for its great walkability, this property's curb appeal showcases the recent renovations completed over the last few years. This property offers investors the perfect opportunity to acquire a passive investment with future upside potential. The recent renovations have increased the income significantly, while still leaving room for a value-add component for a new owner.
    Exterior Features

    Direction Faces West Entry Location Other Exterior Construction Wood Siding Levels Multi/Split Lot Size Area 6565 Other Structures None Parking Garage Gated Underground Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 10 View Description None View YN No Water Frontage None

    Interior Features

    Baths Total 12.00 Cooling None Equipment Ceiling Fan Heating None Laundry In UnitLaundry Area

    Property Features

    Assessed Total Value 257676 Gross Income 226056 Gross Operating Income 219274 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 139548.00 Number Of Buildings 1 Number Of Units 10 Owner Pays Water Sale Type Standard Security Features None Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 79726 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Wdr3c*

    Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-15T12:42:44.36. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-682290-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-682290-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-682290-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX Gateway
    27720 Dickason Drive
    Valencia CA, 91355