Los Angeles, CA 90036 454 N Genesee Avenue

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Presented By: Michael Mikail with Rodeo Realty;
  • MLS# 24365827
  • 03/06/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 8
  • FootageSQFT • 3,548
  • GarageGarage • 4

Home Details

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.
Presented By: Michael Mikail with Rodeo Realty;

Interior Features for 454 N Genesee Avenue

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesKitchen, LivingRoom
Fireplace Y/NYes
FlooringLaminate, Tile, Wood
Heating Y/NYes
Laundry FeaturesInside, InKitchen
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 454 N Genesee Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingElectric
CountyLos Angeles
Days on Market47
DirectionsTwo Blocks North of Beverly Blvd. and Two Blocks East of Fairfax Ave.
DisclosuresListingBrokerAdvantage, RentControl
Facing DirectionWest
Garage Spaces4.0
Garage Y/NYes
Gross Income100788.0
HOA / Comm AssnNo
HeatingCombination
Home Warranty Y/NNo
Interior FeaturesWalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6151.0
MLS AreaC19 - Beverly Center-Miracle Mile
MobileHomeRemainsYNNo
Net Operating Income53307.0
New ConstructionNo
Open Parking Spaces4.0
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameGenesee
Tenant PaysCableTV, Gas
Total Units4
View Y/NYes
Waterfront Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 454 N Genesee Avenue

Building Area Total3548.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1412
Lot Size Area6151.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, DrivewayDownSlopeFromStreet, Uncovered
SpaNo
Total Parking4.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,095,000
MLS#24365827
List Date 03/06/2024
Property Type Multi-Family
Phone 714.964.3311
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