Listing provided courtesy of Michele Shuman of Keller Williams Beverly Hills. Last updated 2019-07-03 09:43:57.000000. Listing information © 2019 CLAW.
Asking Price: $3,150,000
1021 GENESEE, West Hollywood CA 90046
Community: West Hollywood Vicinity
This property was built in 1960 and is priced at $3,150,000. Please see the additional details below.
- 8,738 Sq Ft
- 14 bathrooms
- 14 bedrooms
- MLS#: 301694911848
- Year Built: 1960
This is excellent opportunity to acquire 1021 North Genesee Avenue, a 10-unit apt bldng in one of the best, highly-sought after, rental locations in a desirable and trendy West Hollywood. This 1960 2-story wood framed bldng, offers semi-subterranean gated prkng for 10 vehicles. The gated property has 8,738 sq-ft of bldng on a 6,380 sq-ft lot, has a great unit mix of 4 two-bdrm & two-btrm units, and 6 one- bdrm & one-btrm units. The common laundry machines are landlord controlled and produce income. Selected units have been beautifully renovated w modern new flooring, brand new appliances, new lighting, and wall AC units. The exterior common areas have been upgraded w new paint and lush low-maintenance landscaping. There is fire sprinkler sys in parking garage. An astute investor will benefit immediate cash flow, w the opportunity to capitalize significantly on higher market rents and to acquire a well maintained and low maintenance property, offering a tremendous rental upside.