314 N Genesee Ave, Los Angeles, CA 90036
314 N Genesee Ave, Los Angeles, CA 90036
314 N Genesee Ave, Los Angeles, CA 90036
314 N Genesee Ave, Los Angeles, CA 90036
314 N Genesee Ave, Los Angeles, CA 90036
314 N Genesee Ave, Los Angeles, CA 90036
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$ 2,375,000
Est. payment | /mo

16 Beds

8 Baths

8,588 SqFt


Save
$ 2,375,000
Est. payment | /mo
Save

16 Beds

8 Baths

8,588 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,588 sqft

Price per Sqft $276

MLS Listing ID 26103259

Bedrooms 16

Year Built 1929

Lot Size 6,227 Sqft

Acres 0.143

Property Sub-Type Multi-Family

Property Description

Pearson Properties is proud to present 314 N Genesee Ave, a two story 1929 built Spanish style apartment building centrally located in the highly desirable "Grove" area across Pan Pacific Park. Consisting of 8 units have 2 Bedrooms and 1 Bathroom, all units are full of its original charm including hardwood flooring, Spanish tiles and special molding. Although the list price already reflects an aggressive 6.1 CAP, the real value lies upon upgrading the units. A buyer could leave the building as-is, or a more active investor could upgrade the units to increase the rent drastically. Laundry room offers additional income. Please call listing agent with any questions. Please do not disturb tenants or walk property without listing agent.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling Other

Equipment Other

Exterior

Parking Features None

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Pearson Affiliated, Inc.

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314 N Genesee Ave