$3,450,000
SOLD APR 9, 2021

1036 N Genesee Ave West Hollywood, CA 90046

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

Recently Sold

$421 Per Sq Ft

3% Below List Price

9 Days on Market

Highlights

  • Gated Parking
  • Ceiling Fan
  • Wood Siding
  • Laundry Room
  • West Facing Home

About This Home

As of April 2021

1036 N. Genesee Ave is a 10-unit apartment building located in the heart of West Hollywood! Built-in 1960, this two-story building happens to be the perfect opportunity for investors looking to acquire a passive investment with future upside potential. Ideally located in one of the most desirable West Hollywood neighborhoods known for its great walkability, this property's curb appeal showcases the recent renovations completed over the last few years. This property offers investors the perfect opportunity to acquire a passive investment with future upside potential. The recent renovations have increased the income significantly, while still leaving room for a value-add component for a new owner.

Last Agent to Sell the Property

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 01/19/2021

Last Buyer's Agent

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 01/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,565 Sq Ft Lot
  • West Facing Home

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • 8,190 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 10 Parking Spaces
  • Gated Parking

Community Details

  • 10 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • 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
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Other
  • Living Area: 8190
  • Lot Acreage: 0.1507
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 12.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 433.46

Exterior Features

  • Direction Faces: West
  • Construction: Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Gated Underground
  • Total Parking: 10

Lot Info

  • Assessed Improvement Percent: 75.99
  • Assessed Improvement Value: 195807
  • Assessed Land Percent: 24.01
  • Assessed Land Value: 61869
  • Total Assessed Value: 257676
  • Assessor Parcel Number: 5530-015-013
  • Lot Size Area: 6565

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 15.70
  • Number Of Units: 10
  • Total Annual Expense: 79726
  • Type Of Units: Apartments
  • Vacancy Rate: 1

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: 21-682290

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 $3,450,000, approximately $421 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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