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$ 2,150,000
Est. payment /mo
Active
1236 N Genesee AVE West Hollywood, CA 90046
3,480 SqFt
UPDATED:
09/30/2024 06:07 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,480 sqft
Price per Sqft $617
MLS Listing ID PW24163256
HOA Y/N No
Year Built 1924
Lot Size 8,250 Sqft
Property Description
Introducing a rare gem in the heart of West Hollywood, a six-unit multifamily property that offers a unique and charming living experience. The one bedroom, one bath bungalow-style units are surrounded by a generous and picturesque lot, the property offers a peaceful oasis amidst the city. Residents can enjoy lush landscaping, serene outdoor spaces, and ample room for relaxation or social gatherings. This property provides the perfect backdrop for the California lifestyle.
Located in the vibrant city of West Hollywood, residents will have easy access to a wide range of dining, shopping, and entertainment options. The bustling energy of Santa Monica Blvd is just moments away, offering a vibrant nightlife and a diverse mix of cultural experiences. With its bungalow-style units, spacious lot, and prime location, this is a truly exceptional opportunity to live in one of the most desirable areas of the city. West Hollywood is ranked as the "Most Walkable City in California" by Walk Score, with the property boasting a walk score of 90/100.
1236 Genesee will appeal to investor who appreciates the locations resilience to outside influences in market volitility. The opportunity to capture 23% in realistic upside coupled with an ADU play make this a true value add investment for the astute investor.
HIGHLIGHTS:
-All one-bedroom, one bath, bungalow style units
-An astute Buyer can achieve significant rental upside through strategic renovations and potential ADU play
-Located just blocks away from Santa Monica Blvd. providing easy access to countless restaurants and entertainment
-West Hollywood is ranked as the
Located in the vibrant city of West Hollywood, residents will have easy access to a wide range of dining, shopping, and entertainment options. The bustling energy of Santa Monica Blvd is just moments away, offering a vibrant nightlife and a diverse mix of cultural experiences. With its bungalow-style units, spacious lot, and prime location, this is a truly exceptional opportunity to live in one of the most desirable areas of the city. West Hollywood is ranked as the "Most Walkable City in California" by Walk Score, with the property boasting a walk score of 90/100.
1236 Genesee will appeal to investor who appreciates the locations resilience to outside influences in market volitility. The opportunity to capture 23% in realistic upside coupled with an ADU play make this a true value add investment for the astute investor.
HIGHLIGHTS:
-All one-bedroom, one bath, bungalow style units
-An astute Buyer can achieve significant rental upside through strategic renovations and potential ADU play
-Located just blocks away from Santa Monica Blvd. providing easy access to countless restaurants and entertainment
-West Hollywood is ranked as the
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR2*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5530004003
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Justin White • Justin White • 714.231.2537