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1143 N Genesee Avenue

West Hollywood, CA 90046
  • $1,550,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: SB23167786
$1,550,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324) and Walter De La Torre of W&D Real Estate Investments(310-562-0324)


Description

1145 N Genesee Ave has an excellent unit mix consisting of a two bedroom and one bath house in the front with an additional room for an office and two spacious one bedroom on bath units in the back. The front house is currently vacant for an owner user opportunity. This is ideal for an owner user or an investor looking for a value add opportunity. There is significant upside in the rents and the possibility to build an ADU. In addition, there is ample parking for the tenants.1143 N Genesee Ave is located in West Hollywood and minutes away from Sunset Strip, Genesee triplex is near world-class shopping, dining and entertainment destinations. Hollywood has become the home for the blossoming tech and media industries and solidified itself as one of Southern Californias top employment centers. Centrally located, Genesee triplex benefits from an outstanding transit-oriented location, as the Property is located proximate to the Metro Red Line Hollywood & Highland Station (1.0 mile away) and the 101 Freeway (2.5 miles away).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143186699
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1143 N Genesee Avenue West Hollywood, CA 90046

  • Price: $1,550,000
  • Status: Active
  • On Site: 87 Days
  • ID#: SB23167786
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1928
Built
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - West Hollywood Vicinity
Property Description
1145 N Genesee Ave has an excellent unit mix consisting of a two bedroom and one bath house in the front with an additional room for an office and two spacious one bedroom on bath units in the back. The front house is currently vacant for an owner user opportunity. This is ideal for an owner user or an investor looking for a value add opportunity. There is significant upside in the rents and the possibility to build an ADU. In addition, there is ample parking for the tenants.1143 N Genesee Ave is located in West Hollywood and minutes away from Sunset Strip, Genesee triplex is near world-class shopping, dining and entertainment destinations. Hollywood has become the home for the blossoming tech and media industries and solidified itself as one of Southern Californias top employment centers. Centrally located, Genesee triplex benefits from an outstanding transit-oriented location, as the Property is located proximate to the Metro Red Line Hollywood & Highland Station (1.0 mile away) and the 101 Freeway (2.5 miles away).
Exterior Features

Entry Level 2 Entry Location Ground level Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 5 Parking Features Asphalt Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Floor Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Street Lights Electric Standard Garage YN Yes Gross Income 98112 Gross Scheduled Income 98112 Insurance Expense 1198 Land Lease YN No Laundry Features In Kitchen Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 66225 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 28944 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 9700 Trash Expense 900 Utilities Electricity AvailableNatural Gas Available Vacancy Allowance 2943 Water Sewer Expense 1500 Water Source Public Zoning WDR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Mario Gandara of W&D Real Estate Investments (310-562-0324) and Walter De La Torre of W&D Real Estate Investments(310-562-0324)