454 North Genesee Avenue

Los Angeles, CA 90036

$2,095,000
Price
4
Beds
8
Baths
3,548 Sq. Ft.
$590 / Sq. Ft.
3,548
Sq. Ft.
$590
per Sq. Ft.

Description

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...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.
  1. Listed by Michael Mikail • DRE #00978642 • Brokerage DRE #00858724 • Rodeo Realty

Property Details for 454 North Genesee Avenue

Zoning
LARD1.5
Cross Streets
Beverly Blvd. and Fairfax Ave.
Parcel Number
5527027035
Total Units
4.0
Living Area
3548
Source Living Area
Assessor
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
0

Location

Listing Courtesy of Rodeo Realty, Michael Mikail, DRE #00978642
Add your commute
LISTING UPDATED: 04/26/2024 02:18 AM

Property Details for 454 North Genesee Avenue

StatusActive
MLS #24-365827
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.14 AC / 6,151 SF
CountyLos Angeles County

Location

Listing Courtesy of Rodeo Realty, Michael Mikail, DRE #00978642
Add your commute

Building Information for 454 North Genesee Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.14 AC / 6,151 SF

Payment Calculator

$13,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,433

Property Taxes

$2,117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 454 North Genesee Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apt
  • View: Yes
  • View Description: Tree Top
  • Entry Floor Number: 1
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Listing Broker Advantage, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $100,788
  • Net Operating Income: $53,307.00
  • Gross Income: $100,788
  • Gross Rent Multiplier: $.00
  • Financial Info as Of: 12/31/2023
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 47481
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1412
  • Lot Size Square Feet: 6151
Parking Details
Parking Details
  • Parking Garage: Assigned, Above Street Level, Detached, Uncovered
  • Total Parking: 4
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Assigned, Driveway Down Slope From Street, Uncovered
  • Attached Garage: No
  • Garage Structures Total: 4.0
Interior Features
Interior Features
  • Room Type: Living Room, Walk-In Closet, Office
  • Rooms: Living Room, Dining Room, Breakfast Area, Walk-In Closet, Patio Covered, Office
  • Levels: One
  • Fireplace Features: Living Room, Kitchen
  • Fireplace Rooms: Living Room, Kitchen
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Electric
  • Cooling Type: Electric
  • Heating: Combination
  • Heating Type: Combination
  • Flooring: Wood, Laminate, Tile
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Room Bathroom Features: Shower
  • Bathroom Features: Shower Stall
  • Bedroom Features: WalkInCloset
  • Laundry: In Kitchen, In Unit, Inside
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Balcony, Partial Copper Plumbing
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 03-06-2024
  • Tenant Pays: Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $899.00
  • Unit Actual Rent: $899.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $536,099.00
  • Assessed Improvement Percent: 25.91
  • Assessed Land Value: $1,533,248.00
  • Assessed Land Percent: 74.09
  • Assessed Total Value: $2,069,347.00

Property History for 454 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 454 North Genesee Avenue

Taxable ValueLand$1,533,248Additions$536,099Total$2,069,347
Tax Record2023$25,409 ($2,117 / month)
Home Facts
Total Finished SqFt3,548 SqFtAbove Grade Finished SqFt3,548 SqFtLot Size6,149 SqFtStyleQuadraplexYear Built1930ZoningLARD1.5CountyLOS ANGELESAPN5527-027-035

Schools near 454 North Genesee Avenue

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

Fairfax Senior High School
Public9 to 12

Whitman Continuation 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.

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454 North Genesee Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on March 6, 2024 by Rodeo Realty, it's currently listed at $2,095,000. It has been on the market for a total of 54 days and was last sold on February 21, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and Whitman Continuation School. 454 North Genesee Avenue is a 4-bed, 8-bath, 3,548 sqft multi-family home built in 1930.

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 Rodeo Realty, Michael Mikail, DRE #00978642

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.