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454 N Genesee Ave, Los Angeles, CA 90036
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454 N Genesee Ave Los Angeles, CA 90036

$2,095,000
  • 10 Beds
  • 10 Baths
  • 3,548 Sq.Ft.
For Sale
$2,095,000 Get Pre-Qualified
Map preview of 454 N Genesee Ave, Los Angeles, CA 90036

Property Overview: 454 N Genesee Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 3,548 living square feet and 6,151 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: This vintage 4-unit apartment building, originally constructed in 1930, exudes classic Hollywood charm and boasts numerous modern updates. Three of the units have been recently renovated, featuring spacious one-bedroom, one-and-a-half-bathroom layouts, large living room and den spanning over 900 square feet. Each unit offers an open floor plan, abundant natural light, stylish hardwood floors, coved ceilings, and the convenience of a washer and dryer. Great size bedrooms with walk in closet and attached full bathroom. Additional amenities include security gate and controlled access, private storage and parking spaces, mostly copper plumbing, split cooling and heating systems, updated electrical, and separate metering for gas and electricity. The property has been professionally managed, presenting a significant potential for increased rental income. Situated in an ideal location with a high walkability score and excellent access to public transportation, the building is just steps away from the lively Melrose Strip, the Grove, and the Farmer's Market, offering an array of dining, shopping, and entertainment options in Los Angeles. This highly sought-after neighborhood attracts renters due to its proximity to numerous commercial retail stores and renowned restaurants near the world-famous Melrose District, resulting in low vacancy rates. Additionally, it is a short drive from major employment hubs, making it particularly appealing to young professionals in the entertainment industry who work in close proximity to major movie studios. Residents can enjoy the benefits of living steps away from famous Melrose Ave. while still being within a short drive of desirable locations such as the Grove, Beverly Hills, West Hollywood, the Beverly Center, and the world-famous Cedars Sinai Medical Center.

Listed by Michael Mikail | BRE #00978642 | Rodeo Realty
Last checked: 7 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 48
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Home details

Lot Sq. Ft
6,151
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24365827
City
Los Angeles
County
Los Angeles
Time on Site
52 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $899
  • Total Rent: $899
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $53,307
  • Gross Operating Income: $100,788
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 454 N Genesee Ave

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Property Details for 454 N Genesee Ave

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Kitchen, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Kitchen
Room Information
  • Flooring: Wood, Laminate, Tile
  • Living Room, Walk-In Closet, Office
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Driveway Down Slope From Street, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Total # of Units: 4
  • Parcel Number: 5527027035
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Two Blocks North of Beverly Blvd. and Two Blocks East of Fairfax Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 454 N Genesee Ave

Last sold on August 9th, 2018

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365827

    $2,095,000

    Price

  • August, 2023

  • Aug 1, 2023

    Date

    Expired

    CRMLS: SR23077548

    $2,200,000

    Price

  • May 5, 2023

    Date

    Active

    CRMLS: SR23077548

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this Prime Location next to the Grove and the shops at Melrose Strip. A fantastic neighborhood and a building that offers a classic Hollywood charm with modern updates. Three of the Four units have been fully updated 1 bedroom and 1 and a half bath, newer kitchens with washer/dryer, gorgeous hardwood floors, stainless steel appliances, and updated bathrooms. Each unit is nearly 900sq. ft. Building was fumigated about 3 years ago and other updates include redone stairs in rear of the building, mostly copper plumbing, updated electrical. Units are separately metered for gas and electricity. There are 4 private garages as well as extra parking at the rear of the building.

  • August, 2018

  • Aug 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2018

  • Apr 19, 2018

    Date

    Sold

    CRMLS: 17281090

    $1,930,000

    Price

  • Apr 3, 2018

    Date

    Pending

    CRMLS: 17281090

    $1,950,000

    Price

  • Feb 27, 2018

    Date

    Active Under Contract

    CRMLS: 17281090

    $1,950,000

    Price

  • Feb 1, 2018

    Date

    Price Change

    CRMLS: 17281090

    $1,950,000

    Price

  • Nov 6, 2017

    Date

    Active

    CRMLS: 17281090

    $2,049,000

    Price

  • Listing provided courtesy of CRMLS

    454 N. Genesee Avenue is in a prime location just steps from The Grove, the Melrose Strip and Pan Pacific Park. This building offers classic Hollywood charm in a great neighborhood. Three of the four units are completely remodeled one bedrooms with one and a half baths featuring gorgeous hardwood floors, coved ceilings, washer/dryer in unit and large bay windows; the fourth unit is one bedroom, one bath. All units are spacious, nearly 900 square feet, and have the added luxury of private garages and extra parking spaces. The building is 3,548 square feet on a 6,142 square foot lot, with mostly copper plumbing and recently updated electrical. Units are separately metered for gas and electricity.

  • April, 2018

  • Apr 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,930,000

    Price

  • July, 2017

  • Jul 31, 2017

    Date

    Expired

    CRMLS: 17230854

    $2,395

    Price

  • Jun 2, 2017

    Date

    Withdrawn

    CRMLS: 17230854

    $2,395

    Price

  • May 13, 2017

    Date

    Active

    CRMLS: 17230854

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Beautiful, private, large, 1 BD, 1 & 1/2 Bath, lower unit condo-style, in a 4-units building located in a prime location just steps from the CBS Television, The Grove, Melrose Strip and Pan Pacific Park. The building offers classic Hollywood charm in a great neighborhood. Pictures might be from a different but similar apartment unit.

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Tax History for 454 N Genesee Ave

Assessed Value (2020): $1,968,600
Year Land Value Improved Value Assessed Value
2020 $1,458,600 $510,000 $1,968,600

Home Value Compared to the Market

This property vs the competition

454 N Genesee Ave is listed 67.73% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $590.47 per/sqft which puts the price per square foot 23.51% lower than the median price per square foot for the city of Los Angeles.

About 454 N Genesee Ave

Detailed summary of property

454 N Genesee Ave is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 10 bedrooms, 10 bathrooms, roughly 3,548 living square feet, and sits on an approximately 6,151 square foot lot. 454 N Genesee Ave was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $2,095,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 67.73% higher than the median priced home. Local competing homes currently for sale include 6446 W 6th St, 859 N Mansfield Ave and 6615 Melrose Ave. While the average home in Los Angeles, CA is selling in 97 days, 454 N Genesee Ave has a days on market of 48 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 454 N Genesee Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 454 N Genesee Ave

Public county record property details
Beds
4
Baths
4
Year built
1930
Sq. Ft.
3,548
Lot Size
6,149
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
449
APN
5527-027-035

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$742,090
Median Sold Price/Sq.Ft.
$783
Total Inventory
52
Median Sale to List Price %
99.08%
Avg Days on Market
35
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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