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In-PersonVirtual Tour
$ 2,375,000
Est. payment | /mo
16 Beds
8 Baths
8,588 SqFt
$ 2,375,000
Est. payment | /mo
16 Beds
8 Baths
8,588 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,588 sqft
Price per Sqft $276
MLS Listing ID 26103259
Bedrooms 16
HOA Y/N No
Year Built 1929
Lot Size 6,229 Sqft
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.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LARD1.5
Interior
Heating Natural Gas
Fireplace No
Exterior
Parking Features None
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5527040008
Special Listing Condition Standard
Listed by Yitzy Pearson Pearson Affiliated, Inc. #01352485