NOT LISTED FOR SALE

542 N Genesee Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,616,955 - $2,064,000

6 Beds
4 Baths
2,923 Sq Ft
$605/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $1,530,000 $523 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,193/month

65 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Fenced Yard
  • West Facing Home
  • Wood Flooring
  • 3 Car Garage

About This Home

As of September 2021

Perfect Opportunity to Own a Triplex in One of LA's Most Desirable neighborhoods,Excellent Investment & or perfect for owner user. Building offers a fantastic unit layout! 2Bedroom 2 Bathroom front house with its own private front yard. (2) 2Bedrooms 1Bathroom Units in the rear, both units offer fantastic natural lighting & tremendous amount of space, Upgraded bathrooms with natural hardwood floors, Laundry inside. Just a hop, or skip from some of LA's Most vibrant trendy restaurants/Night life

Last Agent to Sell the Property

Jacob Kaplan

Natalie Jane Kaplan License #01888672 Listed on: 06/07/2021

Last Buyer's Agent

Sherwin Soumekh

Kidder Mathews of California, Inc. License #02022101

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,601

Year Built

  • Built in 1941

Lot Details

  • 6,285 Sq Ft Lot
  • West Facing Home
  • Fenced Yard

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,923 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Disposal
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5527-024-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,601

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 2923
  • Lot Acreage: 0.1443
  • Probate: No
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 542.94

Exterior Features

  • Direction Faces: West
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Detached, Driveway, Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall
  • Sewer: In Street
  • Water: Water District, In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 271308
  • Assessed Land Percent: 60
  • Assessed Land Value: 406962
  • Total Assessed Value: 678270
  • Assessor Parcel Number: 5527-024-030
  • Lot Description: Fenced Yard
  • Lot Size Area: 6285

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 22834
  • Type Of Units: apt
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 10, 2021
Sold by
Naim Ryan and Naim David
Bought by
Tymorynor Azyta and Naim David
Seller's Agent
Jacob Kaplan
Natalie Jane Kaplan
Buyer's Agent
Sherwin Soumekh
Kidder Mathews of California, Inc.
List Price
$1,650,000
Sold Price
$1,530,000
Premium/Discount to List
-$120,000
-7.27%
Current Estimated Value
$1,768,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,239
Avg. Annual Appreciation
3.13%
Original Mortgage
$918,000
Outstanding Balance
$837,746
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$891,962

Purchase Details

Closed on
Aug 25, 2018
Sold by
Itkin Greg
Bought by
Itkin Greg and Itkin Marina

Purchase Details

Closed on
Dec 28, 2012
Sold by
Itkin Genia and Itkin Family Trust
Bought by
Itkin Greg

Purchase Details

Closed on
Oct 21, 2010
Sold by
Itkin Genia and Itkin Family Trust
Bought by
Itkin Genia and Boris Itkin Decedents Trust

Purchase Details

Closed on
Aug 9, 1994
Sold by
Itkin Boris and Itkin Genia
Bought by
Itkin Boris
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
Tymorynor Azyta -- Fidelity National Title Co
Naim Ryan $1,530,000 Fidelity National Title
Naim David -- Fidelity National Title Co
Itkin Greg -- None Available
Itkin Greg -- None Available
Itkin Greg -- None Available
Itkin Genia -- None Available
Itkin Boris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naim Ryan $918,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $1,530,000 -3.6% $523 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $1,587,000 -3.8% $543 / Sq Ft
06/07/2021 06/07/21 For Sale $1,650,000 -- $564 / 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 $19,601 $1,623,648 $1,331,816 $291,832
2024 $19,601 $1,591,812 $1,305,702 $286,110
2023 $19,226 $1,560,600 $1,280,100 $280,500
2022 $18,338 $1,530,000 $1,255,000 $275,000
2021 $8,534 $685,296 $411,178 $274,118
2020 $8,617 $678,270 $406,962 $271,308
2019 $10,518 $855,100 $540,660 $314,440
2018 $10,385 $838,334 $530,059 $308,275
2016 $9,919 $805,782 $509,477 $296,305
2015 $9,776 $793,680 $501,825 $291,855
2014 $9,823 $778,133 $491,995 $286,138
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacob Kaplan

    Natalie Jane Kaplan

    Section Image
  • Sherwin Soumekh

    Buyer's Agent in 2021

    Sherwin Soumekh

    Kidder Mathews of California, Inc.

    (310) 279-7009

    1 in this area

    5 Total Sales

    Sherwin Soumekh
    Section Image
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Map

Source: The MLS

MLS Number: 21-745734

The MLS

APN: 5527-024-030

California Los Angeles County Los Angeles 90036 Melrose

542 N Genesee Ave, Los Angeles, CA

This home is located at 542 N Genesee Ave, Los Angeles, CA 90036 since 07 June 2021 and is currently estimated at $1,768,239, approximately $604 per square foot. This property was built in 1941. 542 N Genesee Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Tree Academy.

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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.
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