454 North Genesee Avenue
Los Angeles, CA, 90036 $ 2,095,000
Baths0.0 Sq 3,548 Monthly Estimate*
$ 14,634
Studio
for $2,095,000. This 3,548 square foot home was built in 1930 on a lot size of 0.14.
This vintage 4-unit apartment building, originally constructed in 1930, exudes classic Hollywood charm and boasts numerous modern updates. Three of the units have been recently renovated, featuring spacious one-bedroom, one-and-a-half-bathroom layouts, large living room and den spanning over 900 square feet. Each unit offers an open floor plan, abundant natural light, stylish hardwood floors, coved ceilings, and the convenience of a washer and dryer. Great size bedrooms with walk in closet and attached full bathroom. Additional amenities include security gate and controlled access, private storage and parking spaces, mostly copper plumbing, split cooling and heating systems, updated electrical, and separate metering for gas and electricity. The property has been professionally managed, presenting a significant potential for increased rental income. Situated in an ideal location with a high walkability score and excellent access to public transportation, the building is just steps away from the lively Melrose Strip, the Grove, and the Farmer's Market, offering an array of dining, shopping, and entertainment options in Los Angeles. This highly sought-after neighborhood attracts renters due to its proximity to numerous commercial retail stores and renowned restaurants near the world-famous Melrose District, resulting in low vacancy rates. Additionally, it is a short drive from major employment hubs, making it particularly appealing to young professionals in the entertainment industry who work in close proximity to major movie studios. Residents can enjoy the benefits of living steps away from famous Melrose Ave. while still being within a short drive of desirable locations such as the Grove, Beverly Hills, West Hollywood, the Beverly Center, and the world-famous Cedars Sinai Medical Center.
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FeaturesGeneralHeating Combination
Cooling Electric
Possession Close of Escrow
Zoning LARD1.5
Year Built 1930
Tenant Pays Cable TV Gas
Levels One
Accessibility Other
County Los Angeles
Net Operating Income 53307.0
New Construction No
Property Type C
HOA / Comm Assn No
Facing Direction West
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Square Feet 6151.0
Street Name Genesee
Property Condition Updated/Remodeled
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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InteriorFlooring Tile Laminate Wood
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Fireplace Features Living Room Kitchen
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Avenue
Laundry Features Inside Washer Included Dryer Included In Kitchen
Entry Level 1
Total Baths 0
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ExteriorParking Features Uncovered Assigned Driveway Down Slope From Street
Lot Size Area 6151.0
Building Area Total 3548.0
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded FeaturesList ByMichael MikailListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $14,634
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,999,883
Percent of Sale Price 5%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/7/2024 | $2,095,000 | | Listed Price |