1338 South Genesee Avenue

Los Angeles, CA 90019

$2,025,000
Last Sold Price
6
Beds
5
Baths
3,379 Sq. Ft.
$599 / Sq. Ft.
3,379
Sq. Ft.
$599
per Sq. Ft.

Description

Spectacular, one-of-a-kind, extensively-renovated duplex now available in hot Wilshire Vista! Both units will be delivered VACANT allowing for an owner-user to move right in or for an investor to get market rents. The first home features 2 bedrooms and 2 full bathrooms with an open floor-plan, private master suite/en-suite bathroom, large modern kitchen, a light sun-filled living and dining room, and convenient washer-dryer room and side entrance. The second home features two stories consisting of...Spectacular, one-of-a-kind, extensively-renovated duplex now available in hot Wilshire Vista! Both units will be delivered VACANT allowing for an owner-user to move right in or for an investor to get market rents. The first home features 2 bedrooms and 2 full bathrooms with an open floor-plan, private master suite/en-suite bathroom, large modern kitchen, a light sun-filled living and dining room, and convenient washer-dryer room and side entrance. The second home features two stories consisting of 4 large bedrooms and 3 full bathrooms; the downstairs features a generous living/dining room, beautiful kitchen, large bedroom and full bath, together with a sizable washer-dryer room, with a side entrance to the yard; the second story greets you with an enormous master suite/en-suite bathroom, and two additional bedrooms and bathroom. Both homes have been masterfully renovated to include: jaw-dropping bathrooms with Kohler deep-soaking roman bathtubs, luxurious rainfall shower-heads, faucets with LED lighting to illuminate the water as it sprinkles down onto your hands; all-new luxurious flooring throughout; stunning modern kitchens with beautiful soft-close cabinets, new dishwashers, ranges, and built-in microwaves; LED recessed lighting throughout; brand new HVAC systems with high-end EcoBee smart thermostats; the plumbing systems have been extensively upgraded to include copper water lines, etc. Property has permits pending for the construction of TWO ADU units to replace the current garage with two studio apartments. You can live in one home, rent out the other, and potentially build two MORE income producing homes. Per previous appraisal, total building size is 3,379 SF. Property is being sold-as is. Buyer to independently verify and inspect property, permits, etc.
  1. Listed by Frederick H. Leeds • DRE #00748543 • Brokerage DRE #00748543 • Fred Leeds Asset Group Inc.

Property Details for 1338 South Genesee Avenue

Zoning
LAR1
Parcel Number
5086028026
Total Units
2.0
Living Area
3379
Source Living Area
Appraiser
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
100%
Lot Size Area
7016

Location

Listing Courtesy of Fred Leeds Asset Group Inc., Frederick H. Leeds, DRE #00748543

Sold By Fred Leeds Asset Group Inc., Frederick H. Leeds, DRE #00748543

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LISTING UPDATED: 07/07/2022 05:03 PM

Property Details for 1338 South Genesee Avenue

StatusSold
MLS #22-147277
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.16 AC / 7,016 SF
CountyLos Angeles County

Location

Listing Courtesy of Fred Leeds Asset Group Inc., Frederick H. Leeds, DRE #00748543

Sold By Fred Leeds Asset Group Inc., Frederick H. Leeds, DRE #00748543

Add your commute

Building Information for 1338 South Genesee Avenue

Stories2Residences-Year Built1952Building Size-Lot Size0.16 AC / 7,016 SF

Payment Calculator

$13,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,051

Property Taxes

$2,062

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1338 South Genesee Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multi-family
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1611
  • Lot Size Square Feet: 7016
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 5
  • Garage Spaces Total: 3
  • Parking Features: Detached Carport
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Garbage Disposal, Microwave
  • Common Walls: Attached
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-18-2022
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $300,000.00
  • Assessed Improvement Percent: 23.08
  • Assessed Land Value: $1,000,000.00
  • Assessed Land Percent: 76.92
  • Assessed Total Value: $1,300,000.00

Property History for 1338 South 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 1338 South Genesee Avenue

Taxable ValueLand$1,300,000Additions$725,000Total$2,025,000
Tax Record2023$24,749 ($2,062 / month)
Home Facts
Total Finished SqFt3,042 SqFtAbove Grade Finished SqFt3,042 SqFtLot Size7,016 SqFtStyleDuplexYear Built1952ZoningLAR1CountyLOS ANGELESAPN5086-028-026

Schools near 1338 South Genesee Avenue

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

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 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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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fred Leeds Asset Group Inc., Frederick H. Leeds, DRE #00748543

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.