314 N Genesee Avenue, Los Angeles, CA 90036

$2,375,000
16
BD
8
BA
8,588
SqFt

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List Price
$2,375,000
Days on Market
0
Status
ACTIVE
MLS#
26103259
Bedrooms
16
Bathrooms
8
Living Area
8,588
Lot Size
6,227
Region
Beverly Center-Miracle Mile (C19)

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.

Additional Information

Zoning
LARD1.5
Living Area
8,588
Acres
0.14
Parking Description
None
Lot Size
6,227
Year Built
1929
Square Footage
8588

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Listing courtesy of Listing Agent: Yitzy Pearson (YitzyP@PearsonAffiliated.com) from Listing Office: Pearson Affiliated, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.