For Sale Multi-Family MLS# 26871721

1036 S Genesee Avenue

Los Angeles, CA 90019

$2,500,000

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About 1036 S Genesee Avenue

This quadruplex is ideal for young professionals interested in getting their real estate portfolio started early, or those interested in adding to what they already have. There are four units in this Cape Cod style building all having 2 bedrooms 1 bathroom with kitchen, living room and laundry room in approximately 1,200 sq ft of living space for each on an approximately 6,227 sq ft lot that sits on the street corner. Three of the units are rented. There are two garages, with space for two cars each and ample additional street parking. The area is active with new development. The slogan here could be, "Get it while it's available". Others have been drawn to this area for the obvious reason; the location. This property sits directly across the street from Midway Hospital, and Cedars Sinai Medical Center is right up the street, which is ideal for someone interested in owning something in this general area for work with the added incentive it includes an income property. For young professionals that have to get up very early or work very late, this property could offer some relief by getting you closer to work. There are an assortment of trees surrounding the property which gives it a lush appeal. This is a property that needs some TLC and has a lot of potential. Located near the Carthay Circle area in the Wilshire miracle mile down the street from the Academy Museum of Motion Pictures, Petersen Automotive Museum and the Los Angeles County Museum of Art. A little further north on Fairfax you have the Grove for shopping, entertainment , dining and more shopping.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1938
Stories
2
Living area
4,398 sqft
Price / sqft
$568
Lot
0.143
Original price
$2,500,000
MLS #
26871721

Interior

Appliances
Range, Refrigerator
Flooring
Wood
Heating
Natural Gas

Exterior & lot

Features
Cape Cod, Parking spaces: 5
Roof
Composition
Foundation
Raised
Lot
View, LAR3
Patio & porch
Enclosed
Garage spaces
4

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Other, Overhead Utilities
Sewer
Other
Security
Smoke Detector(s), Window Bars

Financial

Parcel
5086026010
Special conditions
Standard

Location

Area
C19 - Beverly Center-Miracle Mile
County
Los Angeles
Neighborhood
Mid-Wilshire
Community
Los Angeles Unified
Directions
3 blocks East of Fairfax on the SE corner of San Vicente and Genesee Ave

Ask about this property

Questions on 1036 S Genesee Avenue, Los Angeles, CA 90019, or want to see it in person?

Listed by Warren Turner, Keller Williams Hollywood Hills

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.