1556 S Genesee Ave, Los Angeles, CA 90019
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1556 S Genesee Ave Los Angeles, CA 90019

$1,399,000
  • 5 Beds
  • 4 Baths
  • 3,150 Sq.Ft.
Back Up Offer
$1,399,000 Get Pre-Qualified

Map preview of 1556 S Genesee Ave, Los Angeles, CA 90019

Property Overview: 1556 S Genesee Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,150 living square feet and 6,892 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Tri-plex in lovely area of prime Picfair Village. The brightly-lit living rooms feature hardwood floors, high ceilings, and large windows. Beyond the living rooms sit the bedrooms, bathrooms, and beautiful porcelain-tiled kitchens. Units comes with refrigerator, stove, washer/dryer hookups, and one-car parking. Mere blocks from a myriad of local boutiques, coffee shops, theaters, and eateries. Picfair Village offers a quintessential Los Angeles neighborhoody feel, and is in the heart of the city - convenient to the 10 Freeway access and LACMA. One spacious 3 bedroom, 1.5 bath and two 1 bedroom, 1 bath units. Incredible, five 1-car garages that may be able to convert or build above for even more value!

Listed by Randy Freeman | BRE #01088639 | Berkshire Hathaway HomeServices California Properties
Last checked: 13 minutes ago | Last updated: September 23rd, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,892
HOA Dues
$0/mo
Year built
1941
Garage
5 Car
Property Type:
Multi Family
Status
Back Up Offer
MLS#
24439199
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,120
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,393
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1556 S Genesee Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door, Parking Space, Uncovered
Property Information
  • Total # of Units: 3
  • Parcel Number: 5069009021
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Pico, North of Venice, East of Fairfax, West of Hauser
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Sale History for 1556 S Genesee Ave

Last leased for $1,700 on March 1st, 2018
  • September, 2024

  • Sep 23, 2024

    Date

    Back Up Offer

    CRMLS: 24439199

    $1,399,000

    Price

  • Sep 13, 2024

    Date

    Active

    CRMLS: 24439199

    $1,399,000

    Price

  • September, 2024

  • Sep 3, 2024

    Date

    Canceled

    CRMLS: 24406793

    $1,475,000

    Price

  • Jun 25, 2024

    Date

    Active

    CRMLS: 24406793

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    First time ever on Market! Excellent Tri-plex in lovely area of prime Picfair Village. The brightly-lit living rooms feature hardwood floors, high ceilings, and large windows. Beyond the living rooms sit the bedrooms, bathrooms, and beautiful porcelain-tiled kitchens. Units comes with refrigerator, stove, washer/dryer hookups, and one-car parking. Mere blocks from gems like Bloom Cafe, and myriad local boutiques, coffee shops, theaters, and eateries. Picfair Village offers a quintessential Los Angeles neighborhoody feel, and is in the heart of the city - convenient to the 10 Freeway access and LACMA.. One spacious 3 bedroom, 1.5 bath and two 1 bedroom, 1 bath units. Incredible, five 1-car garages that may be able to convert or build above for even more value!

  • March, 2018

  • Mar 5, 2018

    Date

    Leased

    CRMLS: 18315928

    $1,700

    Price

  • Feb 22, 2018

    Date

    Active

    CRMLS: 18315928

    $1,700

    Price

  • Listing provided courtesy of CRMLS

    One bed / one bath unit in prime Picfair Village Triplex. The brightly-lit living room features hardwood floors, high ceilings, and large windows. Beyond the living room sit the bedroom, bathroom, and updated porcelain-tiled kitchen. Unit comes with refrigerator, stove, stacked washer/dryer, and one-car parking. Property and unit recently painted inside and out. Mere blocks from gems like Bloom Cafe, Paper or Plastik, to name two of the myriad local boutiques, coffee shops, theaters, and eateries. Picfair Village offers a quintessential Los Angeles neighborhoody feel, and is in the heart of the city - convenient to the 10 Freeway access and LACMA.

  • July, 1997

  • Jul 10, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1556 S Genesee Ave

Assessed Value (2020): $71,673
Year Land Value Improved Value Assessed Value
2020 $33,597 $38,076 $71,673

Home Value Compared to the Market

This property vs the competition

1556 S Genesee Ave is listed 16.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $444.13 per/sqft which puts the price per square foot 42.4% lower than the median price per square foot for the city of Los Angeles.

About 1556 S Genesee Ave

Detailed summary of property

1556 S Genesee Ave is a multi family located in Los Angeles, CA 90019 and is currently in escrow to be sold. This multi family property offers 5 bedrooms, 4 bathrooms, roughly 3,150 living square feet, and sits on an approximately 6,892 square foot lot. 1556 S Genesee Ave was first listed on ArdentRealEstateGroup.com on September 13, 2024. The homeowner is currently asking $1,399,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.58% higher than the median priced home. Local competing homes currently for sale include 6064 Horner St, 2014 S Burnside Ave and 5317 Dockweiler Pl. While the average home in Los Angeles, CA is selling in 106 days, 1556 S Genesee Ave has a days on market of 15 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1556 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 1556 S Genesee Ave

Public county record property details
Beds
4
Baths
4
Year built
1941
Sq. Ft.
3,150
Lot Size
6,889
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5069-009-021

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
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1556 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.