1159 North Genesee Avenue

West Hollywood, CA 90046

$1,695,000
Last Sold Price
6
Beds
6
Baths
4,212 Sq. Ft.
$402 / Sq. Ft.
4,212
Sq. Ft.
$402
per Sq. Ft.

Description

Desirable 6 unit apartment building located in the heart of Spaulding Square. Close proximity and walking distance to trendy restaurants, world class designer shops, entertainment venues and transportation. The building offer great potential because of its charming units all with hardwood floors, rental upside and ideal location. No soft story work required. Please call broker for further information.Desirable 6 unit apartment building located in the heart of Spaulding Square. Close proximity and walking distance to trendy restaurants, world class designer shops, entertainment venues and transportation. The building offer great potential because of its charming units all with hardwood floors, rental upside and ideal location. No soft story work required. Please call broker for further information.
  1. Listed by Carolyn Schneider • DRE #00881530 • Brokerage DRE #00893163 • Miller & Desatnik Realty Co.

Property Details for 1159 North Genesee Avenue

Zoning
WDR2*
Style
Traditional
Parcel Number
5530003037
Total Units
6.0
Living Area
4212
Source Living Area
Assessor
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0%

Location

Listing Courtesy of Miller & Desatnik Realty Co., Carolyn Schneider, DRE #00881530

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute
LISTING UPDATED: 08/17/2021 11:19 AM

Property Details for 1159 North Genesee Avenue

StatusSold
MLS #20-672518
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.12 AC / 5,176 SF
CountyLos Angeles County

Location

Listing Courtesy of Miller & Desatnik Realty Co., Carolyn Schneider, DRE #00881530

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Building Information for 1159 North Genesee Avenue

Stories2Residences-Year Built1953Building Size-Lot Size0.12 AC / 5,176 SF

Payment Calculator

$11,334 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,250

Property Taxes

$2,084

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1159 North Genesee Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Financing: Cash To Existing Loan
  • Disclosures: As Is, Owner Has R.E. License, Pet Restrictions, Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $106,152
  • Net Operating Income: $60,309.00
  • Gross Income: $106,152
  • Cap Rate: 2.89%
  • Gross Rent Multiplier: $19.50
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 43438
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1188
  • Lot Size Square Feet: 5176
Parking Details
Parking Details
  • Parking Garage: Attached, Covered Parking
  • Total Parking: 4
  • Parking Features: Covered
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Ceiling Fan, Wall/Window
  • Heating Type: Wall Gas
  • Equipment: Range/Oven, Ceiling Fan, Dryer, Washer, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-21-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $710.00
  • Unit Actual Rent: $710.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,596.00
  • Unit Actual Rent: $1,596.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,865.00
  • Unit Actual Rent: $1,865.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,575.00
  • Unit Actual Rent: $1,575.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $100,154.00
  • Assessed Improvement Percent: 73.28
  • Assessed Land Value: $36,517.00
  • Assessed Land Percent: 26.72
  • Assessed Total Value: $136,671.00

Property History for 1159 North Genesee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1159 North Genesee Avenue

Taxable ValueLand$1,601,400Additions$347,200Total$1,948,600
Tax Record2023$25,013 ($2,084 / month)
Home Facts
Total Finished SqFt4,212 SqFtAbove Grade Finished SqFt4,212 SqFtLot Size5,176 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningWDR2*CountyLOS ANGELESAPN5530-003-037

Schools near 1159 North Genesee Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of Miller & Desatnik Realty Co., Carolyn Schneider, DRE #00881530

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.