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1087 S Genesee Ave, Los Angeles, CA 90019
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1087 S Genesee Ave Los Angeles, CA 90019

$1,960,625 Sold Price as of 08/04/2021
  • 6 Beds
  • 4 Baths
  • 4,136 Sq.Ft.
Sold
$1,960,625 Sold Price as of 08/04/2021 Refinance Your Mortgage
Map preview of 1087 S Genesee Ave, Los Angeles, CA 90019

Property Overview: 1087 S Genesee Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,136 living square feet and 7,603 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Don't miss this stunning, character-filled Spanish Style Duplex located in the heart of Wilshire Vista ideal for either owner-occupant or investor. This gorgeous property features incredibly spacious units averaging approximately 2,000 SF each, well-laid out with 3-bedroom 2-bathroom floor plans situated on a 7,600 SF R-3 Zoned Lot . The units are filled with old world romance, ample closet/storage space, gleaming original wood flooring and tiling along with a lushly-landscaped outdoor space. Upper unit to be delivered Vacant with lower unit paying near-market rent!

Listed by Everett Wong | BRE #01991247 | Greysteel California, Inc.
Last checked: 3 minutes ago | Last updated: November 17th, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
7,603
HOA Dues
$0/mo
Year built
1933
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21084208
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,629
  • Total Rent: $3,629
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $1,000
  • New Taxes: $24,930
  • Trash: $0
  • Gardener: $720
  • Insurance: $1,370
  • Water/Sewer: $2,000

Property Details for 1087 S Genesee Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5086018028
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Pico. South of San Vicente.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1087 S Genesee Ave

Last leased for $5,225 on August 1st, 2022

  • August, 2022

  • Aug 1, 2022

    Date

    Leased

    CRMLS: 22150518

    $5,225

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: 22150518

    $4,950

    Price

  • Listing provided courtesy of CRMLS

    This spacious 3 bedroom, 2 bath upper unit in a beautiful 1933 Spanish duplex offers gorgeous original detailing including high ceilings, working fireplace, formal dining room and eat in kitchen area, charming vintage style bath with separate showers, and hardwood floors throughout. Additionally, you will enjoy the renovated kitchen with all new stainless steel appliances, a separate laundry room with new in-unit washer and dryer, ample closet and storage space, brand new central AC with "nest" thermostat, brand new tankless water heater, a detached two-car garage and access to a beautiful shared backyard perfect for relaxing or entertaining. Centrally located on a quiet tree-lined street, you can walk to LACMA and many nearby restaurants.

  • August, 2021

  • Aug 4, 2021

    Date

    Sold

    CRMLS: PW21084208

    $1,960,625

    Price

  • Jul 7, 2021

    Date

    Pending

    CRMLS: PW21084208

    $2,095,000

    Price

  • Apr 21, 2021

    Date

    Active

    CRMLS: PW21084208

    $2,095,000

    Price

Show More

Tax History for 1087 S Genesee Ave

Assessed Value (2020): $407,281
Year Land Value Improved Value Assessed Value
2020 $229,217 $178,064 $407,281

Home Value Compared to the Market

This property vs the competition

1087 S Genesee Ave sold on August 4, 2021 for 76.05% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $506.53 per/sqft which puts the price per square foot 32.91% lower than the current median sale per square foot for the city of Los Angeles.

About 1087 S Genesee Ave

Detailed summary of property

1087 S Genesee Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,136 living square feet, and sits on an approximately 7,603 square foot lot. 1087 S Genesee Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,960,625. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.05% higher than the current median priced home. Local homes that are currently for sale include 6347 Orange St, 1358 S Cochran Ave and 6416 W 6th St. While the average home in Los Angeles, CA is selling in 92 days, 1087 S Genesee Ave has a days on market of 75 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1087 S Genesee Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1087 S Genesee Ave

Public county record property details
Beds
6
Baths
4
Year built
1933
Sq. Ft.
4,136
Lot Size
7,603
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
104
APN
5086-018-028

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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