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622 N Genesee Avenue

Los Angeles (City), CA 90036
  • $1,980,000
  • STATUS: Active
  • ON SITE: 160 Days
  • ID#: 23284263
$1,980,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,886
    SQFT
  • $405
    $/SQFT
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): Daniel Steinberg of Coldwell Banker Realty (424-280-7400)


Description

Rent stabilized building, a charming fourplex close to all of the best food and entertainment Los Angeles has to offer. Built in 1926, this classic and character building is comprised of two (2) two-bedroom/one-and-one-half-bathroom units (upper) and two (2) two- bedroom/one-bathroom units (lower). The property offers a single garage for each tenant and in-unit washers and dryers in each unit. All tenants are month to month with below market rents. Rent roll is as follows: Unit 622, $2,027/month, unit 622.5, $2,100/month, unit 624, $1,968/month, unit 624.5 $2,500/month.

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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/140932715
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622 N Genesee Avenue Los Angeles (City), CA 90036

  • Price: $1,980,000
  • Status: Active
  • On Site: 160 Days
  • ID#: 23284263
8
Beds
0
Baths
0
½ Baths
0.15
Acres
4,886
SQFT
$405
$/SQFT
1926
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Rent stabilized building, a charming fourplex close to all of the best food and entertainment Los Angeles has to offer. Built in 1926, this classic and character building is comprised of two (2) two-bedroom/one-and-one-half-bathroom units (upper) and two (2) two- bedroom/one-bathroom units (lower). The property offers a single garage for each tenant and in-unit washers and dryers in each unit. All tenants are month to month with below market rents. Rent roll is as follows: Unit 622, $2,027/month, unit 622.5, $2,100/month, unit 624, $1,968/month, unit 624.5 $2,500/month.
Exterior Features

Architectural Style Spanish Direction Faces West Entry Level 1 Number Of Separate Electric Meters 4 Parking Features Covered Parking Total 4 View None View YN No

Interior Features

Appliances DishwasherMicrowaveRefrigeratorDryerWasher Flooring LaminateTileWood Heating None Heating YN No

Property Features

Association YN No Cap Rate 4 Electric Expense 800 Garage YN Yes Gross Income 103128 Insurance Expense 8203 Laundry Features Stacked Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 500 Net Operating Income 79322 New Construction YN No New Taxes Expense 8901 Number Of Separate Gas Meters 4 Number Of Units Leased 4 Other Expense 870 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Water Sewer Expense 2400 Zoning Lard1.5



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): Daniel Steinberg of Coldwell Banker Realty (424-280-7400)