$3,180,000
SOLD APR 9, 2019

1036 N Genesee Ave West Hollywood, CA 90046

12 Beds
12 Baths
8,190 Sq Ft
6,565 Sq Ft Lot

Recently Sold

$388 Per Sq Ft

4% Below List Price

59 Days on Market

About This Home

As of April 2021

1036 North Genesee Avenue, a 10-unit multifamily propertylocated in the desirable and trendy community of West Hollywood. Constructed in 1960, the two-storybuilding offers semi-subterranean parking for 10 vehicles. The 8,190 square-foot building, whichis situated on a 6,565 square-foot lot, has a unit mix composed of one two-bedroom/one-bathroomunit, one two-bedroom/two-bathroom unit, and eight one-bedroom/one-bathroom units.This property is located east of Fairfax Avenue, one block south of Santa Monica Boulevard and is withinwalking distance to many of the restaurants, bars, shopping and entertainment West Hollywood isknown for. Tenants are able to walk to Whole Foods, Starbucks, Trader Joe's, The Griddle Caf, LaughFactory, Bar Marmont, French Market Place, 7-Eleven, Bank of America, Shell and Laurel Park to namea few. With a tremendous 70% +/- rental upside, 1036 North Genesee Avenue will appeal to any savvyinvestor looking to acquire a well-maintained building.

Last Agent to Sell the Property

Richard Ringer

Richard J. Ringer Inc. License #01238308 Listed on: 11/26/2018

Last Buyer's Agent

Richard Ringer

Richard J. Ringer Inc. License #01238308 Listed on: 11/26/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,565 Sq Ft Lot

Parking

  • 10 Car Garage

Home Design

  • 8,190 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5530-015-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8190
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Price Per S Q F T: 402.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 10

Lot Info

  • Assessed Improvement Value: 195807
  • Assessed Land Value: 61869
  • Assessor Parcel Number: 5530-015-013
  • Geocode Override: No
  • Lot Size Area: 6565

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.32
  • Number Of Units: 10
  • Total Annual Expense: 75754
  • Type Of Units: Apartments
  • Vacancy Rate: 3602

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $3,450,000 -2.8% $421 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $3,550,000 +11.6% $433 / Sq Ft
04/09/2019 04/09/19 Sold $3,180,000 -3.6% $388 / Sq Ft
11/26/2018 11/26/18 For Sale $3,300,000 -- $403 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sam Liberow

    Seller's Agent in 2021

    Sam Liberow

    Marcus & Millichap

    (718) 406-3128

    13 in this area

    57 Total Sales

    Sam Liberow
    Section Image
  • Richard Ringer

    Seller's Agent in 2019

    Richard Ringer

    Richard J. Ringer Inc.

    (310) 666-3085

    12 Total Sales

    Richard Ringer
    Section Image
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Map

Source: The MLS

MLS Number: 18-412694

The MLS
California Los Angeles County West Hollywood 90046

1036 N Genesee Ave, West Hollywood, CA

This home is located at 1036 N Genesee Ave, West Hollywood, CA 90046 and is currently priced at $3,180,000, approximately $388 per square foot. This property was built in 1960. 1036 N Genesee Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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