NOT LISTED FOR SALE

500 N Genesee Ave Unit 500 1/2 Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,393,000 - $2,588,000

2 Beds
2 Baths
1,397 Sq Ft
$300/mo HOA Fee

Last Sold November 22, 2019

Last sale price $842,000 $603 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $13,883/month

63 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Spanish Architecture
  • City Lights View
  • Marble Countertops
  • Great Room

About This Home

As of November 2019

Rare and historic TIC home in this beautiful 1928 Spanish fourplex. Two bedrooms, two bathrooms with a home office nook. Huge 1920's open plan layout with a gorgeous modern kitchen, high-end stainless steel appliances, over-sized living and dining rooms, master bedroom walk-in closet, hardwood flooring, central A/C and high ceilings. This glorious upper flat has amazing light, treetop views and 2 large balconies. Super-private community garden with BBQ. Single car garage and driveway for second car. Located in the hip and fashionable Fairfax District. Walk to shops, restaurants, cafes and comedy clubs on Melrose, Beverly or Fairfax. SHOWING FOR BACKUP.

Last Agent to Sell the Property

Christopher Stanley

Compass License #01958503 Listed on: 07/11/2019

Compass

Last Buyer's Agent

Geoff Borys

Compass License #01928098

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,475

Year Built

  • Built in 1928

Lot Details

  • 6,098

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,397 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gourmet Kitchen
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Outdoor Grill
  • Sprinkler System
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5527-024-013

Community Details

Overview

  • 4 Units

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,475

Year Built

Built in 1928

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 500-502 N. Genesee
  • Entry Floor: 2
  • Living Area: 1397
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1928
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen, Island, Marble Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 622.05

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5527-024-013
  • Geocode Override: No
  • Lot Size Area: 6183

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2025
Sold by
Metz Martin Francois Xavier and Markoc Sebastien Georges
Bought by
Eagle Bay Trust and Cascante
Current Estimated Value
$1,935,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Outstanding Balance
$806,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$1,221,750

Purchase Details

Closed on
Aug 14, 2023
Sold by
Maskin Louis Anthony and Chu Brent
Bought by
Metz Martin and Markoc Sebastien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2022
Sold by
Daglas Cristina P
Bought by
Dash Mona

Purchase Details

Listed on
Jul 11, 2019
Closed on
Dec 23, 2019
Sold by
Alsman Carol J and The Carol J Alsman Trust
Bought by
Daglas Cristina P
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Geoff Borys
Compass
List Price
$889,000
Sold Price
$842,000
Premium/Discount to List
-$47,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2019
Closed on
Nov 18, 2019
Sold by
Maskin Carol Antoinette Ramirez
Bought by
Maskin Jonathan David
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Geoff Borys
Compass
List Price
$889,000
Sold Price
$842,000
Premium/Discount to List
-$47,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2019
Closed on
Nov 2, 2019
Sold by
Alsman Carol J
Bought by
Maskin Louis Anthony and Chu Brent
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Geoff Borys
Compass
List Price
$889,000
Sold Price
$842,000
Premium/Discount to List
-$47,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2019
Sold by
Alsman Carol J and The Carol J Aisman Trust
Bought by
Jermain Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2012
Sold by
Millar Catherine S
Bought by
Lsjb Investments Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
500 N Genesee Llc
Bought by
Alsman Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Vigon Carlos
Bought by
500 N Genesee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2004
Sold by
Gorcey Elizabeth
Bought by
Vigon Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2004
Sold by
Amiri Martin
Bought by
Gorcey Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Hoo James C and Hoo James
Bought by
Gorcey Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Eagle Bay Trust $1,075,000 Lawyers Title
Metz Martin $999,000 Equity Title - Los Angeles
Dash Mona $975,000 Fidelity National Title
Daglas Cristina P $811,000 First American Title Company
Monge Roberto Ignacio Montero $699,000 First American Title Company
Maskin Jonathan David -- First American Title Company
Maskin Louis Anthony $842,000 First American Title Company
Jermain Thomas E $819,000 First American Title
Lsjb Investments Llc -- None Available
Alsman Carol J $1,365,000 Landsafe Title
500 N Genesee Llc -- --
Vigon Carlos -- Landsafe Title Co
Vigon Carlos -- Landsafe Title Co
Gorcey Elizabeth A -- --
Gorcey Elizabeth A -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagle Bay Trust $806,250
Previous Owner Metz Martin $699,300
Previous Owner Monge Roberto Ignacio Montero $524,250
Previous Owner Daglas Cristina P $648,800
Previous Owner Maskin Louis Anthony $659,200
Previous Owner Jermain Thomas E $207,000
Previous Owner Alsman Carol J $980,000
Previous Owner Vigon Carlos $287,500
Previous Owner Vigon Carlos $632,500
Previous Owner Gorcey Elizabeth A $630,000
Previous Owner Gorcey Elizabeth A $630,000
Closed Vigon Carlos $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $842,000 -3.1% $603 / Sq Ft
08/14/2019 08/14/19 Price Changed $869,000 -2.2% $622 / Sq Ft
07/11/2019 07/11/19 For Sale $889,000 -- $636 / 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
2025 $36,475 $3,043,050 $2,249,624 $793,426
2024 $36,475 $2,983,383 $2,205,514 $777,869
2023 $42,370 $3,475,275 $2,576,178 $899,097
2022 $30,019 $2,524,047 $1,840,581 $683,466
2021 $29,638 $2,474,557 $1,804,492 $670,065
2020 $30,026 $2,449,185 $1,785,990 $663,195
2019 $19,251 $1,585,503 $1,140,315 $445,188
2018 $19,132 $1,554,415 $1,117,956 $436,459
2016 $18,266 $1,494,057 $1,074,546 $419,511
2015 $18,001 $1,471,616 $1,058,406 $413,210
2014 $18,075 $1,442,790 $1,037,674 $405,116
Source: Public Records

Agents Affiliated with this Home

  • Christopher Stanley

    Seller's Agent in 2019

    Christopher Stanley

    Compass

    (310) 803-2722

    1 in this area

    17 Total Sales

    Christopher Stanley
    Section Image
  • Geoff Borys

    Buyer's Agent in 2019

    Geoff Borys

    Compass

    (310) 490-3563

    37 Total Sales

    Geoff Borys
    Section Image
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Map

Source: The MLS

MLS Number: 19-487270

The MLS

APN: 5527-024-013

California Los Angeles County Los Angeles 90036 Melrose

500 N Genesee Ave Unit 500 1/2, Los Angeles, CA

This home is located at 500 N Genesee Ave Unit 500 1/2, Los Angeles, CA 90036 since 11 July 2019 and is currently estimated at $1,935,000, approximately $1,385 per square foot. This property was built in 1928. 500 N Genesee Ave Unit 500 1/2 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.
Information is deemed reliable but not guaranteed.

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