Cindy Ambuehl
Responds Quickly
Christie's International Real Estate SoCal
(747) 294-3863
116 Total Sales
1 in West Hollywood
$2,749,000 Price
1046 N Genesee Ave West Hollywood, CA 90046
West Hollywood AreaEstimated Value: $1,714,280
0.15
Acres
$11,211,772
Price per Acre
6,660
Sq Ft Lot
About This Lot
As of January 2025We are proud to present this REO redevelopment listing in prime West Hollywood, CA.Located at 1046 N Genesee Ave, this 0.15 acre lot currently has a vacant single family house on it, and is perfect for the development of luxury condo or small lot homes. With the R3 zoning, a developer can build up to 5 units/condos by right. Furthermore, this property could be perfect for SB 684, which is a new California law enacted in October 2023 that streamlines the approval process for development projects of 10 or fewer units on urban lots under 5 acres.The buyer could also choose to build up to 12 apartment units utilizing AB 1287, the new 2023 California State Density Bonus Law which enables projects to obtain up to 100% density bonus by providing affordable units. For a 12 unit project on this site, at least 15% of the units would need to be set aside for very low income tenants. That means the buyer could build a 12 unit project on this site with 10 market-rate units and 2 very-low-income units. The seller, who's the lender that recently foreclosed on this lot, is willing to give extremely attractive financing to a qualified developer for 2+ years, enough time to bridge the gap from close of escrow to the funding of the construction loan. They're willing to give a high leveraged loan with interest-only payments at rates significantly below market. Give us a call or email to learn more about this seller financing option.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 09/13/2024
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Property Details
Property Type
- Land
Lot Details
- 6,660 Sq Ft Lot
- Lot Dimensions are 50x130
- Property is zoned WDR3C*
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5530-015-011
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Dec 10, 2024
Sold by
Lo Genesee Llc
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Natty Redford
Carolwood Estates
List Price
$1,950,000
Sold Price
$1,860,000
Premium/Discount to List
-$90,000
-4.62%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,720
Avg. Annual Appreciation
-4.80%
Original Mortgage
$2,625,000
Outstanding Balance
$2,575,940
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$861,660
Purchase Details
Closed on
Jan 16, 2024
Sold by
Peak Foreclosure Services Inc
Bought by
Lo Genesee Llc
Purchase Details
Closed on
Jan 11, 2024
Sold by
Peak Foreclosure Services Inc
Bought by
Lo Genesee Llc
Purchase Details
Listed on
Mar 17, 2017
Closed on
Aug 3, 2017
Sold by
Hawthorne Robert Alan
Bought by
1046 Genesee Llc
Seller's Agent
Jay Martinez
Beverly & Company Luxury Properties
Buyer's Agent
Vlad Gold
Forward One
List Price
$1,679,000
Sold Price
$1,575,000
Premium/Discount to List
-$104,000
-6.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.93%
Original Mortgage
$1,141,875
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2013
Sold by
Hawthorne Robert Alan and Hawthorne Robert A
Bought by
Hawthorne Robert Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 8, 2011
Sold by
Morishita Dina
Bought by
Hawthorne Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,047
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 7, 2010
Sold by
Yang Wellington
Bought by
Morishita Dina
Purchase Details
Closed on
Aug 27, 2010
Sold by
Davidov Boris and Banchik Raisa
Bought by
Morishita Dina
Purchase Details
Closed on
Nov 1, 2007
Sold by
Davidov Boris and Davidov Larisa
Bought by
Dovidov Boris
Purchase Details
Closed on
Feb 15, 2007
Sold by
Davidov Boris
Bought by
Davidov Boris
Purchase Details
Closed on
Sep 28, 2005
Sold by
Banchik Yefim
Bought by
Banchik Raisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 12, 2005
Sold by
Davidov Larisa
Bought by
Davidov Boris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 27, 2005
Sold by
Carleton Kimberly J and Parnell Jason
Bought by
Davidov Boris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 22, 2004
Sold by
Parnell Jason and Carleton Kimberly J
Bought by
Parnell Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.7%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 16, 2003
Sold by
Vasily Nicolas
Bought by
Parnell Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,600
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 7, 1993
Sold by
Gioielli Vincent C
Bought by
Vasily Nicolas
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Hollywood, CA
-
Cindy Ambuehl
-
Michael Khorshidi
Michael Khorshidi
Compass
(424) 336-0183
39 Total Sales
3 in West Hollywood
$901K - $1.6M Price Range
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
138 Total Sales
1 in West Hollywood
$1,060,000 Price
-
Sierus Erdelyi
Sierus Erdelyi
TruLine Realty
(424) 374-0268
178 Total Sales
3 in West Hollywood
$1M - $1.4M Price Range
-
Jeffrey Russell
Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
1 in West Hollywood
$715,000 Price
-
Francisco Montes
Francisco Montes
Compass
(424) 414-7369
30 Total Sales
2 in West Hollywood
$1.5M - $2.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,860,000 | Ticor Title Company | ||
| Lo Genesee Llc | $1,772,327 | Wfg National-Default Services | |
| Lo Genesee Llc | $1,772,327 | Accommodation/Courtesy Recordi | |
| 1046 Genesee Llc | $1,575,000 | Title 365 | |
| Hawthorne Robert Alan | -- | North American Title Company | |
| Hawthorne Robert A | $765,000 | Fidelity Van Nuys | |
| Morishita Dina | -- | Investors Title Company | |
| Morishita Dina | $530,000 | Investors Title Company | |
| Dovidov Boris | -- | None Available | |
| Davidov Boris | -- | Alliance Title Company | |
| Banchik Raisa | -- | None Available | |
| Davidov Boris | -- | None Available | |
| Gulkarov Boris | -- | None Available | |
| Davidov Boris | -- | Gateway Title Company | |
| Davidov Boris | $999,000 | Gateway Title Company | |
| Parnell Jason | -- | -- | |
| Parnell Jason | $487,000 | Gateway Title | |
| Vasily Nicolas | -- | Investors Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,625,000 | ||
| Previous Owner | 1046 Genesee Llc | $1,700,000 | |
| Previous Owner | 1046 Genesee Llc | $3,906,295 | |
| Previous Owner | 1046 Genesee Llc | $1,141,875 | |
| Previous Owner | Hawthorne Robert Alan | $800,000 | |
| Previous Owner | Hawthorne Robert Alan | $625,500 | |
| Previous Owner | Hawthorne Robert A | $737,047 | |
| Previous Owner | Hawthorne Robert A | $737,047 | |
| Previous Owner | Davidov Boris | $92,500 | |
| Previous Owner | Davidov Boris | $650,000 | |
| Previous Owner | Parnell Jason | $548,000 | |
| Previous Owner | Parnell Jason | $389,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $1,860,000 | -4.6% | $1,556 / Sq Ft | |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- | |
| 09/13/2024 09/13/24 | For Sale | $1,950,000 | +23.8% | $1,632 / Sq Ft | |
| 08/09/2017 08/09/17 | Sold | $1,575,000 | -6.2% | $1,318 / Sq Ft | View Prior Sale |
| 05/02/2017 05/02/17 | Pending | -- | -- | -- | |
| 03/17/2017 03/17/17 | For Sale | $1,679,000 | 0.0% | $1,405 / Sq Ft | |
| 10/26/2016 10/26/16 | Rented | $6,500 | -13.3% | -- | |
| 10/07/2016 10/07/16 | For Rent | $7,500 | -- | -- |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $20,029 | $1,897,200 | $1,836,000 | $61,200 |
| 2025 | $20,029 | $1,632,000 | $1,632,000 | |
| 2024 | $21,683 | $1,756,937 | $1,405,551 | $351,386 |
| 2023 | $21,268 | $1,722,489 | $1,377,992 | $344,497 |
| 2022 | $20,156 | $1,688,716 | $1,350,973 | $337,743 |
| 2021 | $19,946 | $1,655,605 | $1,324,484 | $331,121 |
| 2019 | $19,280 | $1,606,500 | $1,285,200 | $321,300 |
| 2018 | $19,142 | $1,575,000 | $1,260,000 | $315,000 |
| 2016 | $10,245 | $827,925 | $662,341 | $165,584 |
| 2015 | $10,084 | $815,490 | $652,393 | $163,097 |
| 2014 | $10,078 | $799,517 | $639,614 | $159,903 |
Source: Public Records
Agents Affiliated with this Home
-
Filip Niculete
Seller's Agent in 2025
Filip Niculete
Marcus & Millichap
(818) 357-9525
99 Total Sales
-
Glen Scher
Seller Co-Listing Agent in 2025
Glen Scher
Marcus & Millichap
(818) 212-2700
62 Total Sales
-
Natty Redford
Buyer's Agent in 2025
Natty Redford
Carolwood Estates
(310) 880-9949
9 Total Sales
-
Jay Martinez
Seller's Agent in 2017
Jay Martinez
Beverly & Company Luxury Properties
(323) 377-8332
27 Total Sales
-
Gil Dirige
Seller Co-Listing Agent in 2017
Gil Dirige
Beverly & Company Luxury Properties
(310) 801-0317
24 Total Sales
-
Vlad Gold
Buyer's Agent in 2017
Vlad Gold
Forward One
(310) 403-3969
12 Total Sales
Map
Source: The MLS
MLS Number: 24-439631
APN: 5530-015-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 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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