1236 North Genesee Avenue

West Hollywood, CA 90046

$2,150,000
Price
6
Beds
6
Baths
3,480 Sq. Ft.
$618 / Sq. Ft.
3,480
Sq. Ft.
$618
per Sq. Ft.

Description

Introducing a rare gem in the heart of West Hollywood, a six-unit multifamily property that offers a unique and charming living experience. The one bedroom, one bath bungalow-style units are surrounded by a generous and picturesque lot, the property offers a peaceful oasis amidst the city. Residents can enjoy lush landscaping, serene outdoor spaces, and ample room for relaxation or social gatherings. This property provides the perfect backdrop for the California lifestyle. Located in the vibrant...Introducing a rare gem in the heart of West Hollywood, a six-unit multifamily property that offers a unique and charming living experience. The one bedroom, one bath bungalow-style units are surrounded by a generous and picturesque lot, the property offers a peaceful oasis amidst the city. Residents can enjoy lush landscaping, serene outdoor spaces, and ample room for relaxation or social gatherings. This property provides the perfect backdrop for the California lifestyle. Located in the vibrant city of West Hollywood, residents will have easy access to a wide range of dining, shopping, and entertainment options. The bustling energy of Santa Monica Blvd is just moments away, offering a vibrant nightlife and a diverse mix of cultural experiences. With its bungalow-style units, spacious lot, and prime location, this is a truly exceptional opportunity to live in one of the most desirable areas of the city. West Hollywood is ranked as the "Most Walkable City in California" by Walk Score, with the property boasting a walk score of 90/100.

1236 Genesee will appeal to investor who appreciates the locations resilience to outside influences in market volitility. The opportunity to capture 23% in realistic upside coupled with an ADU play make this a true value add investment for the astute investor. HIGHLIGHTS:
-All one-bedroom, one bath,  bungalow style units
-An astute Buyer can achieve significant rental upside through strategic renovations and potential ADU play
-Located just blocks away from Santa Monica Blvd. providing easy access to countless restaurants and entertainment
-West Hollywood is ranked as the
  1. Listed by Justin White • DRE #01267826 • Brokerage DRE #01267826 • Justin White • 714.231.2537

Property Details for 1236 North Genesee Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3480
Assessor Parcel Number
5530-004-003
Property Attached YN
true
LISTING UPDATED: 11/14/2024 09:29 PM

Property Details for 1236 North Genesee Avenue

StatusActive
MLS #PW24163256
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
CountyLos Angeles County

Building Information for 1236 North Genesee Avenue

Building/Complex1236 N Genesee AveFloor-Stories1Residences-Pet Policy-Year Built1924Building Size-

Property Information for 1236 North Genesee Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $154,297
  • Gross Scheduled Income: $146,583
  • Net Operating Income: $93,664
Expense Details
  • Operating Expense: $52,918
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,350
  • Professional Management Expense: $7,329
  • Other Expense: $35,239
  • Other Expense Description: other
  • Trash Expense: $1,800
  • Water Sewer Expense: $4,200
  • Total Expenses: $52,918
Tax / Assessment Info
  • Tax Tract Number: 2402
  • Tax Census Tract: 7001.01
  • CFD/Mello-Roos Fee: $1,735
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,105
  • Unit Type Total Rent: $1,105
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,694
  • Unit Type Total Rent: $1,694
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,998
  • Unit Type Total Rent: $1,998
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,861
  • Unit Type Total Rent: $2,861
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 1236 North Genesee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1236 North Genesee Avenue

Taxable ValueLand$631,382Additions$947,872Total$1,579,254
Tax Record2024$20,413 ($1,701 / month)
Home Facts
Total Finished SqFt2,899 SqFtAbove Grade Finished SqFt2,899 SqFtLot Size8,251 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningWDR2*CountyLOS ANGELESAPN5530-004-003

Schools near 1236 North Genesee Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1236 North Genesee Avenue is a multi-family home for sale in West Hollywood, CA 90046. This property was listed for sale on August 7, 2024 by Justin White, it's currently listed at $2,150,000. It has been on the market for a total of 104 days and was last sold on July 3, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 1236 North Genesee Avenue is a 6-bed, 6-bath, 3,480 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Justin White, Justin White, DRE #01267826

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.