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428 Genesee Avenue

Los Angeles, CA 90036

$1,725,000 Sale Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
4,113 Sq. Ft.
$450 / Sq. Ft.
Sold

428 Genesee Avenue

Los Angeles, CA 90036

Sold
$1,725,000 Sale Price
$0/mo
6
Bed
0
Bath
4,113
Sq. Ft.
We are pleased to present 428 North Genesee Avenue, a true pride of ownership 4-unit apartment building located in one of the most sought-after and trendy neighborhoods Miracle Mile, California. This is an excellent owner/user opportunity as 1 unit will be delivered vacant at the close of escrow. Built in 1938, this property consists of two (2) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. This property provides an investor a tremendous value add opportunity as current rents are approximately 15% below market. The building is 4,113 square feet and sits on a 6,150 square foot lot that is LARD1.5 zoned. The property features four (4) separate enclosed garage parking spaces for its residents.428 North Genesee Avenue has a Walk Score of 93 as it is just a few blocks from trendy boutique retail, restaurants, and cafes along Melrose Avenue. The property is also a short walk from The Grove shopping center which famously features high-end retail and world-class dining options. Centrally located, the property is just a short drive from dining, retail, and entertainment options nearby Beverly Hills, West Hollywood, and Hollywood Boulevard. 428 North Genesee Avenue is conveniently located near the 10 and 101 freeways providing easy access to the Westside/Beach Cities, San Fernando Valley, Downtown LA, and beyond.
PROPERTY INFORMATION
MLS # 22219347 Lot Size 6,150 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,849,000
Price Per SqFt: $ 450
DOM 898 Days
Address 428 Genesee Avenue Type Residential Income
City Los Angeles Sq.Ft. 4,113 Sq. Ft.
Postal Code 90036 Garage N/A
County Los Angeles Year Built 1938
Bed / Bath 6 / 0 Parking N/A
Built In 1938 Status Closed
Sold Date 2023-03-15
INTERIOR FEATURES
Has Heating No
Heating Information None
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,972
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
03/15/2023 Sold $1,725,000
01/18/2023 Active Under Contract $1,849,000
11/18/2022 Listed $1,849,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Saadia 'Sam' Liberow, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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