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    832 N Genesee Avenue

    Los Angeles (City), CA 90046
    • $1,498,000
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: 21683990
    Under Contract
    UPDATED: 78 min ago
    $1,498,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,756
      SQFT
    • $853
      $/SQFT
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Opportunity knocks...This owner-user/development property awaits. World Renowned Melrose Ave. is within strolling distance. Santa Monica Blvd. to the north, and Fairfax Ave. to the west. Prime location, with good upside potential. 1923 Duplex consisting of two side-by-side, one bed, one bath units, on approx. 6,500 square ft. of R2 zoned land. Large, detached two car garage, set up as office/flex space. Both units mirror each other in layout. One unit delivered vacant, the other is tenant-occupied, subject to LA City Rent Control. Please do not walk on property without an appointment. Do not disturb tenants in occupied unit (834). Property sold as-is.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-02T11:27:13.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

    www.jettrealestate.com/homes/113608991
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    832 N Genesee Avenue Los Angeles (City), CA 90046

    • Price: $1,498,000
    • Status: Active Under Contract
    • Updated: 78 min ago
    • ID#: 21683990
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,756
    SQFT
    $853
    $/SQFT
    1923
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    Opportunity knocks...This owner-user/development property awaits. World Renowned Melrose Ave. is within strolling distance. Santa Monica Blvd. to the north, and Fairfax Ave. to the west. Prime location, with good upside potential. 1923 Duplex consisting of two side-by-side, one bed, one bath units, on approx. 6,500 square ft. of R2 zoned land. Large, detached two car garage, set up as office/flex space. Both units mirror each other in layout. One unit delivered vacant, the other is tenant-occupied, subject to LA City Rent Control. Please do not walk on property without an appointment. Do not disturb tenants in occupied unit (834). Property sold as-is.
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Direction Faces West Entry Location Ground Level W/Steps Garage Spaces 2.00 Lot Features Back YardFront YardValue In Land Lot Size Units Square Feet Parking Features Detached CarportDriveway Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Gas CooktopGas Oven Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring WoodTile Heating Natural Gas Heating YN Yes

    Property Features

    Accessibility Features None Additional Parcels YN No Country Us Exclusions Tenant Owned Personal Property in Occupied Unit. Gross Income 51540.00 Gross Multiplier 32.00 Gross Operating Income 51540.00 Land Lease YN No Net Operating Income 39640.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Wall AC 2 Number With Dishwasher 2 Number With Patio 2 Number With Range 2 Number With Refrigerator 2 Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Actual Rent 24000.00 Total Expenses 11900.00 Zoning Lar2

    Listing provided courtesy of Peter Tomlinson of Sotheby's International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-02T11:27:13.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jett Real Estate Group | eXp Realty. Licensed in the State of California, USA.

     
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