455 North Genesee Avenue
455 North Genesee Avenue Los Angeles, California 90036 United States

$4,500,000
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We are pleased to present 455 N. Genesee Avenue, a two-story apartment building located in the desirable neighborhood of Miracle Mile, two blocks south of Melrose Avenue. Situated on a 6,373 SF lot, the property offers 8,832 rentable SF. Although...

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
$4,500,000
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.15 Acres
Exterior
Residential Income
Property type
1932
Year Built
21106194
Web Id
21106194
MLS ID
Los Angeles Unified
School District
18
days ago

About 455 North Genesee Avenue

We are pleased to present 455 N. Genesee Avenue, a two-story apartment building located in the desirable neighborhood of Miracle Mile, two blocks south of Melrose Avenue. Situated on a 6,373 SF lot, the property offers 8,832 rentable SF. Although originally built as a 12-unit apartment building, the previous owners decided to convert the two-bedroom units into 4 one-bedroom units and 4 bachelors, therefore dividing the property into a total of 16 units. As a result, the current unit mix now consists of four (4) bachelors, four (4) singles, and eight (8) one-bedroom/one-bathroom units. Two of the one-bedroom/one-bathroom units have been extensively upgraded, including new plumbing, electric, kitchen, bathroom, paint and refinishing of hardwood floors. Furthermore, the roof was replaced approximately ten years ago. The property is within close-proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.455 N. Genesee Avenue has been held by current ownership for over 32 years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through interior and exterior renovations.

Listing Courtesy of Saadia 'Sam' Liberow, Marcus & Millichap, 01933858, Active

features

cooling
Propane Heating

PROPERTY INFORMATION

Heating
Wall Furnace

ADDITIONAL INFORMATION

Number of Units
16

455 North Genesee Avenue, Los Angeles, California 90036 United States is a Residential Income for Sale for $4,500,000. Was built in 1932,  on a lot of .15 Acres ( m2) and it's composed from .


Listing Courtesy of Marcus & Millichap

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
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Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.