1123 N Genesee Ave - Multi-Family FOR SALE


West Hollywood, CA 90046
$1,575,000 USD
310-279-7779
1123 N Genesee Ave, West Hollywood, CA for Sale
$1,575,000 USD
Multi-Family - FOR SALE
1/7
null | 4.03% Cap Rate

1123 N Genesee Ave
West Hollywood, CA 90046


HIGHLIGHTS

  • PRIME WEST HOLLYWOOD LOCATION – SITUATED IN ONE OF THE COUNTRIES MOST SOUGHT-AFTER RENTAL MARKETS
  • IDEAL INVESTMENT OPPORTUNITY AND FOR OWNER-USER
  • THREE-BEDROOM/TWO-BATHROOM SINGLE-FAMILY HOME WITH PRIVATE FRONT YARD AND BACKYARD ON THE LOT
  • SIGNIFICANT UPSIDE IN RENTS AND VALUE-ADD OPPORTUNITY FOR A TROPHY LOCATION
  • SECURE AND GATED ACCESS TO THE PROPERTY
  • WALKING DISTANCE FROM SANTA MONICA BLVD, WITH TONS OF NEW RETAIL AND TRENDY SHOPS IN THE PROXIMITY. THE PROPERTY BOASTS A INCREDIBLY HIGH 95 WALK SCOR

OVERVIEW

Sean Nami is proud to present 1123 North Genessee Avenue, a three-unit property located in the heart of West Hollywood. This multifamily community offers an exceptional investment opportunity in one of the nation’s most sought-after rental markets. The property includes a spacious three-bedroom, two-bathroom single-family home with a private front yard, with an additional two apartment units on the lot, making it ideal for both investors looking for a trophy location investment and potential owner-users. The apartment units also feature a terrific unit mix of a two-bedroom unit, and a one-bedroom unit. With secure, gated access, this residence ensures privacy and safety. The offering also presents significant upside potential through rental increases and value-add enhancements. Situated just steps from Santa Monica Boulevard, the property is surrounded by a vibrant mix of new retail stores, active nightlife, and trendy shops, contributing to its impressive 95 Walk Score—designated as a “Walker’s Paradise.” Residents enjoy unparalleled convenience, with an array of dining, shopping, and entertainment options within walking distance, making this a highly desirable location for tenants and homeowners alike

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$603 USD /SF

# OF UNITS

3

PRICE/UNIT

$525,000

CAP RATE

4.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5530-003-046

ASK ABOUT THIS PROPERTY

Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

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Sean NamiLyon Stahl Investment Real EstateMore Info
310-279-7779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.