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1036 N Genesee Ave
West Hollywood, CA 90046
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 8,190 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | WDR3C* | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 8,190 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | WDR3C* |
ABOUT 1036 N GENESEE AVE , WEST HOLLYWOOD, CA 90046
1036 North Genesee Avenue, a 10-unit multifamily property located in the desirable and trendy community of West Hollywood. Constructed in 1960, the two-story building offers semi-subterranean parking for 10 vehicles. The 8,190 square-foot building, which is situated on a 6,565 square-foot lot, has a unit mix composed of one two-bedroom/one-bathroom unit, one two-bedroom/two-bathroom unit, and eight one-bedroom/one-bathroom units. This property is located east of Fairfax Avenue, one block south of Santa Monica Boulevard and is within walking distance to many of the restaurants, bars, shopping and entertainment West Hollywood is known for. Tenants are able to walk to Whole Foods, Starbucks, Trader Joe’s, The Griddle Café, Laugh Factory, Bar Marmont, French Market Place, 7-Eleven, Bank of America, Shell and Laurel Park to name a few. With a tremendous 70% +/- rental upside, 1036 North Genesee Avenue will appeal to any savvy investor looking to acquire a well-maintained building, with a value add component, in the highly sought-after West Hollywood community.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5530-015-013 | Improvements Assessment | $676,520 |
| Land Assessment | $3,057,870 | Total Assessment | $3,734,390 |
PROPERTY TAXES
