NOT LISTED FOR SALE

454 N Genesee Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,808,000 - $2,840,181

4 Beds
6 Baths
3,548 Sq Ft
$664/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $1,930,000 $544 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $15,351/month

108 Days on Market

Highlights

  • 8 Car Attached Garage
  • Side by Side Parking
  • Forced Air Heating System

About This Home

As of April 2018

454 N. Genesee Avenue is in a prime location just steps from The Grove, the Melrose Strip and Pan Pacific Park. This building offers classic Hollywood charm in a great neighborhood. Three of the four units are completely remodeled one bedrooms with one and a half baths featuring gorgeous hardwood floors, coved ceilings, washer/dryer in unit and large bay windows; the fourth unit is one bedroom, one bath. All units are spacious, nearly 900 square feet, and have the added luxury of private garages and extra parking spaces. The building is 3,548 square feet on a 6,142 square foot lot, with mostly copper plumbing and recently updated electrical. Units are separately metered for gas and electricity.

Last Listed By

Faye Sarafian-Erdman

Nelson Shelton & Associates License #01121133 Listed on: 11/06/2017

Nelson Shelton & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,908

Year Built

  • Built in 1930

Lot Details

  • 6,149 Sq Ft Lot

Interior Spaces

  • 3,548 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Attached Garage
  • Side by Side Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5527-027-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,908

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3548
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 549.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Covered Parking, Garage - 4+ Car, Garage Is Detached, Side By Side
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 900.00
  • Heating: Forced Air, Wall
  • Water Expense: 314.00

Fee Information

  • Gas Expense: 213.00
  • Insurance Expense: 5082.00
  • Trash Expense: 300.00

Lot Info

  • Assessed Improvement Value: 403858
  • Assessed Land Value: 1035534
  • Assessor Parcel Number: 5527-027-035
  • Geocode Override: No
  • Lot Size Area: 6149

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 4
  • Total Annual Expense: 28109
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 17398.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2018
Sold by
Toobian Bijan
Bought by
2 T On Genesse Llc
Total Days on Market
108
Current Estimated Value
$2,356,795

Purchase Details

Listed on
Nov 6, 2017
Closed on
Feb 21, 2018
Sold by
Farmoj Llc
Bought by
Toobian Bijan and Toobian Haydeh
Seller's Agent
Faye Sarafian-Erdman
Nelson Shelton & Associates
Buyer's Agent
Michael Mikail
List Price
$2,049,000
Sold Price
$1,930,000
Premium/Discount to List
-$119,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$1,150,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2013
Sold by
Eshraghi Kevin Faramarz
Bought by
Farmoj Llc

Purchase Details

Closed on
Apr 17, 2013
Sold by
Taylor Steven
Bought by
Jv Fund Properties Llc and Kesef Hagadol Llc

Purchase Details

Listed on
Jan 24, 2012
Closed on
Jun 25, 2012
Sold by
Jv Fund Properties Llc
Bought by
Eshraghi Kevin Fararnarz and Eshraghi Mojgan
Seller's Agent
Heidi Prosser
Concord Real Estate Service
Buyer's Agent
Heidi Prosser
Concord Real Estate Service
List Price
$900,000
Sold Price
$775,000
Premium/Discount to List
-$125,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$903,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Schwarz Dov
Bought by
Taylor Steven and Taylor Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.9%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
2 T On Genesse Llc -- None Available
Toobian Bijan $1,930,000 Stewart Title
Farmoj Llc -- None Available
Jv Fund Properties Llc -- Fidelity National Title Co
Eshraghi Kevin Fararnarz $1,390,013 Fidelity National Title Co
Taylor Steven $775,007 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toobian Bijan $1,150,000
Previous Owner Eshraghi Kevin Fararnarz $903,500
Previous Owner Mense Raphael $232,500
Previous Owner Taylor Steven $542,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $1,930,000 -1.0% $544 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/01/2018 02/01/18 Price Changed $1,950,000 -4.8% $550 / Sq Ft
11/06/2017 11/06/17 For Sale $2,049,000 +47.4% $578 / Sq Ft
07/03/2013 07/03/13 Sold $1,390,000 -0.6% $392 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $1,399,000 +80.5% $394 / Sq Ft
07/17/2012 07/17/12 Sold $775,000 -13.9% $218 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $900,000 -- $254 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $25,908 $2,110,732 $1,563,912 $546,820
2023 $25,409 $2,069,347 $1,533,248 $536,099
2022 $24,232 $2,028,773 $1,503,185 $525,588
2021 $23,931 $1,988,994 $1,473,711 $515,283
2019 $23,216 $1,930,000 $1,430,000 $500,000
2018 $18,334 $1,497,541 $1,077,368 $420,173
2016 $17,525 $1,439,392 $1,035,534 $403,858
2015 $17,270 $1,417,772 $1,019,980 $397,792
2014 $17,342 $1,390,000 $1,000,000 $390,000
Source: Public Records

Agents Affiliated with this Home

  • Faye Sarafian-Erdman

    Seller's Agent in 2018

    Faye Sarafian-Erdman

    Nelson Shelton & Associates

    (310) 386-2497

    24 Total Sales

    Faye Sarafian-Erdman
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Mikail

  • Kenny Stevens

    Seller's Agent in 2013

    Kenny Stevens

    Compass

    (424) 284-4453

    2 in this area

    41 Total Sales

    Kenny Stevens
    Section Image

  • H

    Seller's Agent in 2012

    Heidi Prosser

    Concord Real Estate Service

See All Agents

Map

Source: The MLS

MLS Number: 17-281090

The MLS

APN: 5527-027-035

California Los Angeles County Los Angeles 90036 Melrose

454 N Genesee Ave, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 454 N Genesee Ave, Los Angeles, CA 90036 since 06 November 2017 and is currently estimated at $2,356,795, approximately $664 per square foot. This property was built in 1930. 454 N Genesee Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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.

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.
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