1444 S Genesee Ave, Los Angeles, CA 90019
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1444 S Genesee Ave Los Angeles, CA 90019

$1,800,000 Sold Price as of 08/18/2022
  • 5 Beds
  • 3 Baths
  • 3,000 Sq.Ft.
Sold
$1,800,000 Sold Price as of 08/18/2022 Refinance Your Mortgage

Map preview of 1444 S Genesee Ave, Los Angeles, CA 90019

Property Overview: 1444 S Genesee Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3,000 living square feet and 7,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXQUISITE SPANISH REVIVAL DUPLEX OASIS DELIVERED FULLY VACANT. Welcome home to this Spanish duplex that charms inside and out. These vast units showcase large living rooms with built-in bookshelves, grand picture windows and rounded archways leading into spacious dining rooms. Ample over sized windows in every room make these units light, bright and airy. The downstairs unit features 3 bedrooms and 2 bathrooms. Upstairs has 2 bedrooms and 1 bath.Each unit has its own front patio for relaxing. The drought resistant landscaped front yard with olive trees, and backyard garden both have drip irrigation. This oasis is on a whopping 7125 sqft lot, which allows for a grand backyard that transports you to wine country enjoy a bottle of wine with friends, tend to the existing vegetable garden, or get your morning eggs from the provided chicken coup. Each unit enjoys its own big 2 car garage. This duplex truly has it all. And with both units being delivered vacant and rents being at an all time high, it's the perfect property for an investor to get top dollar or a family that wants to occupy one unit and subsidize their mortgage by renting the other. Located in red hot Picfair Village on a nice street. The location is super central walk to Bloom and Paper & Plastik, ride your bike to Culver City or jump on the expo line to the beach. And with its proximity to the 10 fwy, Beverly Hills and West Hollywood you're very close to everything LA has to offer.

Listed by Rachel Hsieh | BRE #01913428 | Keller Williams Realty Los Feliz
Co-listed by Bryan Marks | BRE #01957066 | Keller Williams Realty Los Feliz
Last checked: 7 minutes ago | Last updated: August 18th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,125
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22176787
City
Los Angeles
County
Los Angeles
Time on Site
661 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 16.6
  • Gross Scheduled Income: --
  • Net Operating Income: $72,000
  • Gross Operating Income: $96,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1444 S Genesee Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5069010013
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: In Prime Picfair Village, just south of Pico Blvd. East of Fairfax.
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Sale History for 1444 S Genesee Ave

Last sold for $1,800,000 on August 18th, 2022
  • August, 2022

  • Aug 18, 2022

    Date

    Sold

    CRMLS: 22176787

    $1,800,000

    Price

  • Jul 8, 2022

    Date

    Active

    CRMLS: 22176787

    $1,595,000

    Price

  • September, 2017

  • Sep 27, 2017

    Date

    Sold

    CRMLS: 17258616

    $1,217,000

    Price

  • Aug 23, 2017

    Date

    Pending

    CRMLS: 17258616

    $999,000

    Price

  • Aug 22, 2017

    Date

    Active Under Contract

    CRMLS: 17258616

    $999,000

    Price

  • Aug 10, 2017

    Date

    Active

    CRMLS: 17258616

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Spacious and charming Spanish duplex in highly desirable Picfair Village. Downstairs owners unit features 2 bedrooms and 1 & 3/4 bath with a bonus room off of the master. Soaring ceilings, generous living and dining room with sizable kitchen and bedrooms. Upstairs unit features 2 bedrooms and 1 bathroom also with high ceilings and sizable living, dining, kitchen and bedrooms + central heat & air (up). With a two car private garage per unit and appealing common backyard area this property is perfect as an investment or owner/user. Also with it's central location close to all of the entertainment, dining and shopping the city has to offer this is a one of a kind find!

  • September, 2017

  • Sep 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,217,000

    Price

  • August, 2010

  • Aug 18, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1444 S Genesee Ave

Assessed Value (2020): $1,266,166
Year Land Value Improved Value Assessed Value
2020 $745,966 $520,200 $1,266,166

Home Value Compared to the Market

This property vs the competition

1444 S Genesee Ave sold on August 18, 2022 for 34.03% 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 $531.67 per/sqft which puts the price per square foot 29.58% lower than the current median sale per square foot for the city of Los Angeles.

About 1444 S Genesee Ave

Detailed summary of property

1444 S Genesee Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 3,000 living square feet, and sits on an approximately 7,125 square foot lot. 1444 S Genesee Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,800,000. 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 34.03% higher than the current median priced home. Local homes that are currently for sale include 1724 S Crescent Heights Blvd, 6127 Saturn St and 6120 Packard St. While the average home in Los Angeles, CA is selling in 94 days, 1444 S Genesee Ave has a days on market of 11 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1444 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 1444 S Genesee Ave

Public county record property details
Beds
4
Baths
3
Year built
1930
Sq. Ft.
3,000
Lot Size
7,124
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
107
APN
5069-010-013

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
66
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%)

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Related Resources to 1444 S Genesee Ave

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.