For Sale Multi-Family MLS# 26103259

314 N Genesee Avenue

Los Angeles, CA 90036

$2,375,000

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About 314 N Genesee Avenue

Pearson Properties is proud to present 314 N Genesee Ave, a two story 1929 built Spanish style apartment building centrally located in the highly desirable "Grove" area across Pan Pacific Park. Consisting of 8 units have 2 Bedrooms and 1 Bathroom, all units are full of its original charm including hardwood flooring, Spanish tiles and special molding. Although the list price already reflects an aggressive 6.1 CAP, the real value lies upon upgrading the units. A buyer could leave the building as-is, or a more active investor could upgrade the units to increase the rent drastically. Laundry room offers additional income. Please call listing agent with any questions. Please do not disturb tenants or walk property without listing agent.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1929
Stories
2
Living area
8,588 sqft
Price / sqft
$277
Lot
0.143
Original price
$2,375,000
MLS #
26103259

Interior

Heating
Natural Gas

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
LARD1.5

Schools

District
Los Angeles Unified School District

Financial

Parcel
5527040008
Special conditions
Standard

Location

Area
C19 - Beverly Center-Miracle Mile
County
Los Angeles
Neighborhood
Fairfax
Directions
Between La Brea and Fairfax, Melrose and Beverly.

Ask about this property

Questions on 314 N Genesee Avenue, Los Angeles, CA 90036, or want to see it in person?

Listed by Yitzy Pearson, Pearson Affiliated, Inc.

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.