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455 N Genesee Avenue

Los Angeles (City), CA 90036
  • $4,600,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: FR21173899
UPDATED: 40 min ago
$4,600,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1932
County:

School Ratings & Info

Listing provided courtesy of Brandon Yager of Yager Realty Of California

Description

16-Unit (12-Permitted), value-add apartment building, located by Fairfax and Beverly in the Beverly Grove submarket. The property consists of 4 bachelor units, 4 studios, and 8-one bedroom units that are approximately 23% below post-renovation market rents. The property was originally constructed in 1932 and has been owned by the same ownership for over 30-years. The property is master metered which allows for additional rent increases.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T12:25:26.22. 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 RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
www.rgahomes.com/homes/120186469
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455 N Genesee Avenue Los Angeles (City), CA 90036

  • Price: $4,600,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 40 min ago
  • ID#: FR21173899
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1932
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
16-Unit (12-Permitted), value-add apartment building, located by Fairfax and Beverly in the Beverly Grove submarket. The property consists of 4 bachelor units, 4 studios, and 8-one bedroom units that are approximately 23% below post-renovation market rents. The property was originally constructed in 1932 and has been owned by the same ownership for over 30-years. The property is master metered which allows for additional rent increases.
Exterior Features

Lot Features 16-20 Units/Acre

Property Features

Additional Parcels YN No Common Interest None Land Lease YN No Laundry Features Common Area Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Entry Only Property Sub Type Multi Family Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T12:25:26.22. 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 RGA Homes | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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RGA Homes | Coldwell Banker Realty
3790 Via De La Valle Suite 301
Del Mar CA, 92014
Listing provided courtesy of Brandon Yager of Yager Realty Of California