Skip To Content
    Return to Previous Page

    612 N Genesee Avenue

    Los Angeles (City), CA 90036
    • $3,250,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 20626758
    UPDATED: 14 min ago
    $3,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Fourplex in the most desirable neighborhood. Walking distance to shops, restaurants and much more. The building has been completely remodeled and contemporary art deco 4-plex with all units boasting a two-bedroom and two-bathroom open floor plan. Custom finishes throughout, new stainless steel appliances, new tri-zone AC and heating, new copper supply plumbing, all new electrical wiring and panels, new energy efficient appliances and fixtures, new windows, security cameras throughout the building, exterior stucco,new roof, bolted /earthquake retrofit foundation and much more. Property has been strategically constructed with superior finishes to enhance operating and management efficiency. In-unit washers and dryers. 7-car parking with each unit having an automated and private garage. Fully occupied. Easy to manage with solid tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T12:27:49.71. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109698544
    Print Image

    612 N Genesee Avenue Los Angeles (City), CA 90036

    • Price: $3,250,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 20626758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1928
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Fourplex in the most desirable neighborhood. Walking distance to shops, restaurants and much more. The building has been completely remodeled and contemporary art deco 4-plex with all units boasting a two-bedroom and two-bathroom open floor plan. Custom finishes throughout, new stainless steel appliances, new tri-zone AC and heating, new copper supply plumbing, all new electrical wiring and panels, new energy efficient appliances and fixtures, new windows, security cameras throughout the building, exterior stucco,new roof, bolted /earthquake retrofit foundation and much more. Property has been strategically constructed with superior finishes to enhance operating and management efficiency. In-unit washers and dryers. 7-car parking with each unit having an automated and private garage. Fully occupied. Easy to manage with solid tenants.
    Exterior Features

    Construction Materials Stucco Foundation Details Raised Garage Spaces 4.00 Lot Size Units Square Feet Parking Features GarageUncoveredParking Space Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherDisposalRefrigeratorRange Appliances YN Yes Flooring LaminateWoodTile Heating Wall FurnaceZoned Heating YN Yes Interior Features Recessed LightingOpen Floorplan Room Type Living RoomMaster BathroomWalk-In Closet Window Features Double Pane Windows

    Property Features

    Country Us Garage Income 200.00 Garage Rental Rate 100.00 Gross Income 14700.00 Gross Multiplier 18.00 Gross Operating Income 171108.00 Net Operating Income 121974.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Units Leased 4 Number With Dishwasher 4 Number With Disposal 4 Number With Refrigerator 4 Other Income1 14500.00 Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Total Actual Rent 14500.00 Total Expenses 49135.00 Vacancy Allowance Rate 0.00 Zoning Lard1.5

    Listing provided courtesy of Alexis Kim of Secured Properties Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T12:27:49.71. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364707897-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364707897-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364707897-1.jpg
    Logo
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003