Southern California Real Estate
The Team ~ The Achievers Group
818-533-8326818-533-8326

1033 N GENESEE Avenue, West Hollywood, CA 90046 (MLS # 17257842)

Save to Favorites
Print
Share
PRICE $2,970,000
BEDS n/a
BATHS 0 baths
HOME SIZE 8,927 sq ft
LOT SIZE 6,375 sqft

The subject property is a 10-unit multifamily property located in the desirable and trendy community of West Hollywood, CA. Constructed in 1961, the two-story building rests atop semi-subterranean parking for 10 vehicles. Current rents are well below those of similar properties in the neighborhood, resulting in an opportunity for a new investor to eventually recapture approximately 62% in rent upside. This income is supplemented by the on-site laundry facilities and leased storage area. Much of the plumbing has been upgraded to copper piping, and the water heater was replaced recently.Select units feature new wood flooring, new kitchen countertops, new cabinets, upgraded bathrooms, private balconies, and ceiling fans.

DAYS ON MARKET 124 LAST UPDATED 12/6/2017
YEAR BUILT 1961 COMMUNITY West Hollywood Vicinity
COUNTY Los Angeles STATUS Sold
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
COOLING Wall Window
LOTFEATURES Sprinklers None
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C10 - West Hollywood Vicinity
PARKINGFEATURES Subterranean
PRICEPERSQUAREFOOT 332.70
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard


96 Walker's Paradise

SATELLITE VIEW



 
CONTACT US ABOUT 1033 N GENESEE AVENUE
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for The Team ~ The Achievers Group to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Roderick "Rick" Raymundo, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/17 10:46 AM PST and /or other sources. 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

By The Team ~ The Achievers Group