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

$1,530,000 Sold Price as of 09/20/2021
  • 12 Beds
  • 6 Baths
  • 2,923 Sq.Ft.
Sold
$1,530,000 Sold Price as of 09/20/2021 Refinance Your Mortgage

Map preview of 542 N Genesee Ave, Los Angeles, CA 90036

Property Overview: 542 N Genesee Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 2,923 living square feet and 6,285 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perfect Opportunity to Own a Triplex in One of LA's Most Desirable neighborhoods,Excellent Investment & or perfect for owner user. Building offers a fantastic unit layout! 2Bedroom 2 Bathroom front house with its own private front yard. (2) 2Bedrooms 1Bathroom Units in the rear, both units offer fantastic natural lighting & tremendous amount of space, Upgraded bathrooms with natural hardwood floors, Laundry inside. Just a hop, or skip from some of LA's Most vibrant trendy restaurants/Night life

Listed by Jacob Kaplan | BRE #01888672 | Natalie Jane Kaplan
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
6,285
HOA Dues
$0/mo
Year built
1941
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21745734
City
Los Angeles
County
Los Angeles
Time on Site
1070 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,772
  • Total Rent: $2,772
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,019
  • Total Rent: $2,019
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,994
  • Total Rent: $2,994
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $76,756
  • Gross Operating Income: $101,590
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 542 N Genesee Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Detached Carport, Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5527024030
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Fairfax/ North of Beverly/ south of Melrose
View more facts & features

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Sale History for 542 N Genesee Ave

Last sold for $1,530,000 on September 20th, 2021
  • September, 2021

  • Sep 21, 2021

    Date

    Sold

    CRMLS: 21745734

    $1,530,000

    Price

  • Aug 11, 2021

    Date

    Active Under Contract

    CRMLS: 21745734

    $1,587,000

    Price

  • Jul 12, 2021

    Date

    Price Change

    CRMLS: 21745734

    $1,587,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21745734

    $1,650,000

    Price

  • June, 2021

  • Jun 7, 2021

    Date

    Canceled

    CRMLS: 21701266

    $1,750,000

    Price

  • Mar 6, 2021

    Date

    Active

    CRMLS: 21701266

    $1,750,000

    Price

  • Mar 5, 2021

    Date

    Coming Soon

    CRMLS: 21701266

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    Location Location Location! Excellent Triplex situated in one of LA's most sought out neighborhoods, with high rent demand. This property offers a 2bedroom 2Bathroom house in front and 2 Two bedroom 1 bathroom units. extremely spacious, bight vibrant units with hardwood flooring, updated bathrooms, Laundry inside. Three car garage in rear with three parking spots, fantastic opportunity for a investor or owner-occupy. Just a hop or stroll to the Grove, Melrose, Beverly Trendy Dinning and nightlife.

  • September, 2018

  • Sep 12, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2011

  • Jan 3, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 542 N Genesee Ave

Assessed Value (2020): $678,270
Year Land Value Improved Value Assessed Value
2020 $406,962 $271,308 $678,270

Home Value Compared to the Market

This property vs the competition

542 N Genesee Ave sold on September 20, 2021 for 33.36% 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 $542.94 per/sqft which puts the price per square foot 28.09% lower than the current median sale per square foot for the city of Los Angeles.

About 542 N Genesee Ave

Detailed summary of property

542 N Genesee Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 2,923 living square feet, and sits on an approximately 6,285 square foot lot. 542 N Genesee Ave was first listed on ArdentRealEstateGroup.com on June 7, 2021. The homeowner sold the property for $1,530,000. 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 33.36% higher than the current median priced home. Local homes that are currently for sale include 1371 Masselin Ave, 1363 Hauser Blvd and 6920 Camrose Dr. While the average home in Los Angeles, CA is selling in 93 days, 542 N Genesee Ave has a days on market of 65 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 542 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 542 N Genesee Ave

Public county record property details
Beds
6
Baths
4
Year built
1941
Sq. Ft.
2,923
Lot Size
6,285
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
716
APN
5527-024-030

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
$1,995,000
Median List Price/Sq.Ft.
$881
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
53
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 542 N 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.