Address
455 N Genesee Avenue Los Angeles, CA
Price
$ 4,500,000
Property Attributes
  • ML#20585430
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90036
  • Style
  • Price$ 4,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8832
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Saadia 'Sam' Liberow with Marcus & Millichap.
Property Description

455 N Genesee Ave is a 12-unit apartment building, divided into 16-units, located in one of the most desirable parts of Los Angeles. The subject property is a two-story building offering 8,832 of rentable SF and is situated on a 6,373 SF lot. The property has been held by current ownership for over 32 years, providing buyers with a strong rental upside, and it is located just two blocks south of Melrose Avenue. The property was originally built as a 12-unit apartment building consisting of four (4) singles, four (4) one bedrooms, and four (4) two bedroom apartments. The previous owner converted the two bedroom units into (4) one bedrooms and (4) bachelors, and therefore divided the property into 16 units. The current unit mix for Genesee consists of four (4) bachelors, four (4) singles, and eight (8) one bedroom/one bathroom units. Two of the one bedroom/one bathroom units have been extensively upgraded including new plumbing, electric, kitchen, bathroom, paint, and floors.

Price History
6/3/2020 Listed $4,600,000
9/21/2020 3% - $4,500,000

General Features

Appliances Dishwasher, Microwave, Refrigerator
Construction Materials Wood Siding
Directions The property is located just two blocks south of Melrose Avenue.
Heating Wall Furnace
Levels Two
Listing Agent Saadia 'Sam' Liberow - BRE#01933858
Listing Agent State License 01933858
MLS Area C19 - Beverly Center-Miracle Mile
Parking Features None
Pool Features None
Price Per Square Foot 509.51
Security Features Gated Community
Spa Features None
Special Listing Conditions Standard
Total Units 12
Zoning LARD1.5

Interior Features

Appliances Y/N Yes
Heating Y/N Yes
Laundry Features Community
Laundry Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 8832.00
Lot Dimensions 50x128
Lot Size Acres 0.1400
Lot Size Area 6373.0000
Lot Size Source Assessor
Lot Size Square Feet 6373.00
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90036

Price
AVG $2.3M
$4.5M
Visits
AVG 30
169
Year Built
AVG 1933
1932
Walkscore
AVG 90
95
Data Provided by Walkscore ® not using MLS data

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