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1074 S Genesee Ave
Los Angeles, CA 90019 Mid-City

$2,225,000 USD

Apartments For Sale  •  5,054 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,054 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1933
  • Cap Rate 4.99 %
  • Zoning LAR3
61 Transit Score
92 Walk Score

Highlights

Spanish Colonial Revival 4-plex built in 1933. Prime Carthay Square / Wilshire Vista location in Mid-City. Strong in-place income under $13.5K/mo.
Originally built for Charlotte Chase, property is an excellent example of highly intact Spanish Colonial Revival architecture.
Unit mix consists of massive 3+3.5 owner’s unit on entire ground floor, plus a 1+1.5, 1+1 and studio upstairs.Ideal for both owner-users and investors
Two detached two-car garages plus 3 uncovered parking spaces, for a total of 7-car parking on the property.
Property modified from a duplex to 5-unit building in 1949, then bottom two units were restored into a single master unit in 2009
Upstairs units feature original wainscotting, hardwood floors, decorate ceiling beams, crown molding & bathroom tiling
Cap Rate: 4.99 %

Amenities

  • Recycling
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 16 min - 8.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 9.1 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 9.5 mi
Bob Hope 25 min - 13.0 mi
Long Beach (Daugherty Field) 37 min - 25.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate