1225 N Genesee Avenue West Hollywood, CA ^$ 975,000

1225 N Genesee Avenue

^$ 975,000

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1225 N Genesee Avenue

West Hollywood, CA, 90046

^$ 975,000

Bedrooms12 Baths12.0 Sq 7,360

Monthly Estimate*

^$ 6,811

Listed by James F. Gilb

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 1

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 2

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 3

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 4

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 5

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 6

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 7

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 8

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 9

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 10

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 11

1225 N Genesee Avenue, West Hollywood, CA 90046 - Image 12

Multi-Family Home for sale in West Hollywood, CA

for $975,000 with 12 bedrooms and 12 full baths. This 7,360 square foot home was built in 1958 on a lot size of 0.1864.

Building rentals are subject to an in-place covenant agreement with the City of West Hollywood. Units are reserved exclusively for Very Low, Low & Moderate income tenants only. Covenant agreement remains in effect for the entire useful life of the improvements. Building is located east of Fairfax Avenue, north of Santa Monica Blvd and south of Fountain Avenue. Subject property is a 2 story, 10-unit apartment building built in the late 1950's with one & two bedroom units. There are separate electric and gas meters, dishwashers in 2 units and 10 parking spaces (uncovered). This densely populated residential area is in the center of one of the most diverse & concentrated employment centers in all of the United States. West Hollywood is known for its world famous night life, restaurants, shopping boutiques and its high concentration of entertainment professionals.

Multi-Family Pending

Price

^$ 975,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MidCenturyModern

Lot Size

0.1864

Year Built

1958

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

23342058

Days on Market

118

Features

General

Heating WallFurnace

Cooling None

Roof Composition Shingle

Appliances Disposal

Zoning WDR2*

Architectural Style MidCenturyModern

Pool Features None

Construction Materials Stucco

Year Built 1958

Tenant Pays Electricity Gas

View None

Stories 2

Levels Two

Gross Income 116304.0

County Los Angeles

Net Operating Income 50621.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction East

Garage Y/N N

Other Structures Sheds

Special Listing Conditions Standard

Status Pending

Buyer Financing Cash

Directions On the west side of Genesee Avenue north of Santa Monica Blvd south of Fountain Ave and three blocks east of Fairfax Avenue.

City West Hollywood

Disclosures ListingBrokerAdvantage RentControl

Entry Location Living Room

View Y/N N

Senior Community Y/N N

Open Parking Spaces 10.0

Total Units 10

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 8121.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Genesee

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 111

Standard Status Pending

Occupancy Description Tenant

Year Built Source Assessor

Exterior

Parking Features None

Total Parking 10.0

Lot Size Area 8121.0

Number of Buildings 1

Spa N

Building Area Total 7360.0

Lot Dimensions 69x85

Lot Size Acres 0.1864

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features LaundryRoom

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 12

Internal Only

Street Number 1 1225

* Excluded Features

List By

James F. Gilb

Broker

(213) 866-9802

Phone

Affordability Calculator

$6,811

Per Month

Monthly Principal & Interest: $6,811
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in West Hollywood, CA

Average List Price ^$3,636,849

Percent of Sale Price 273%

About West Hollywood, CA

35,971 Population

1% Since 2002

^$69,697 Median Income

43.33 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$975,000	-40.00%	Price Down
2/6/2024	$1,625,000	-22.43%	Price Down
1/4/2024	$2,095,000		Listed Price

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1225 N Genesee Avenue, West Hollywood, CA, 90046 is a Multi-Family Home for sale at $975,000 with 7,360 sqft and a lot size of 0.1864. 1225 N Genesee Avenue has 12 bedrooms, 12.0 baths, and was built in 1958. The property's zip code is 90046 which is in West Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. 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.

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1225 N Genesee Avenue

Multi-Family Home for sale in West Hollywood, CA

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