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1455 S Genesee Avenue

Los Angeles (City), CA 90019
  • $1,749,000
  • STATUS: Active
  • ON SITE: 151 Days
  • ID#: 23281211
UPDATED: 48 min ago
$1,749,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,380
    SQFT
  • $399
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Listing Agent(s): John Barrentine of Keller Williams Larchmont (323-762-2600) and Charles Marquardt of ()


Description

Welcome to this rare investment opportunity in the desirable Picfair Village neighborhood. This unique offering presents two distinct units, each with its own character and appeal. The Genesee unit was built in 1979, and showcases a contemporary design and meticulous maintenance, making it an ideal home for those seeking rental ready convenience. Spanning across 2,488 square feet, this spacious 3 bedroom and 2.5 bath unit offers a comfortable and functional layout. As you step inside, you'll be greeted by a large and inviting sunken living room, sizable formal dining, and open concept kitchen with informal eating and family space. The home features an abundance of natural light, creating a bright and airy atmosphere throughout. The interior boasts an impeccable condition, reflecting the care and attention given to the property over the years. Primary bedroom includes an en-suite bathroom and two spacious walk-in closets. There are two more bathrooms, one full and one half, thoughtfully designed to cater to the needs of the household. This unit will be provided vacant. The Saturn unit is a lovely Spanish Colonial Revival gem built in 1936. This charming three bedroom, two bath home has 1,497 sq ft, and features an updated kitchen with newer appliances, fixtures, and finishes, creating a delightful space for culinary adventures. The renovated bathrooms offer a tranquil retreat, combining modern amenities with classic aesthetics. Currently leased at market rate. This property invites a discerning owner user, or an exceptional return on investment for the savvy investor. There is also an opportunity for the creation of an additional ADU for maximization of the asset.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T10:29:20.113. 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/141248357
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1455 S Genesee Avenue Los Angeles (City), CA 90019

  • Price: $1,749,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 48 min ago
  • ID#: 23281211
6
Beds
0
Baths
0
½ Baths
0.16
Acres
4,380
SQFT
$399
$/SQFT
1936
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Welcome to this rare investment opportunity in the desirable Picfair Village neighborhood. This unique offering presents two distinct units, each with its own character and appeal. The Genesee unit was built in 1979, and showcases a contemporary design and meticulous maintenance, making it an ideal home for those seeking rental ready convenience. Spanning across 2,488 square feet, this spacious 3 bedroom and 2.5 bath unit offers a comfortable and functional layout. As you step inside, you'll be greeted by a large and inviting sunken living room, sizable formal dining, and open concept kitchen with informal eating and family space. The home features an abundance of natural light, creating a bright and airy atmosphere throughout. The interior boasts an impeccable condition, reflecting the care and attention given to the property over the years. Primary bedroom includes an en-suite bathroom and two spacious walk-in closets. There are two more bathrooms, one full and one half, thoughtfully designed to cater to the needs of the household. This unit will be provided vacant. The Saturn unit is a lovely Spanish Colonial Revival gem built in 1936. This charming three bedroom, two bath home has 1,497 sq ft, and features an updated kitchen with newer appliances, fixtures, and finishes, creating a delightful space for culinary adventures. The renovated bathrooms offer a tranquil retreat, combining modern amenities with classic aesthetics. Currently leased at market rate. This property invites a discerning owner user, or an exceptional return on investment for the savvy investor. There is also an opportunity for the creation of an additional ADU for maximization of the asset.
Exterior Features

Attached Garage YN Yes Carport YN Yes Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Shed(s) Parking Features Attached CarportDirect AccessDrivewayGarageGarage Door OpenerOn Street Parking Total 6 View None View YN No

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Heating CentralWall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4 Disclosures Principal is Real Estate LicensedTrust/Conservatorship Garage YN Yes Gross Income 111000 Laundry Features Stacked Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 74228 New Construction YN No Number Of Separate Gas Meters 2 Number Of Units Leased 1 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Vacancy Allowance Rate 1 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T10:29:20.113. 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): John Barrentine of Keller Williams Larchmont (323-762-2600) and Charles Marquardt of ()