409 N Genesee Ave - Apartments FOR SALE


Los Angeles, CA 90036- Hancock Park
$5,550,000 USD
310-994-9158
409 N Genesee Ave, Los Angeles, CA for Sale
$5,550,000 USD
Apartments - FOR SALE
1/12
null | 5.26% Cap Rate

409 N Genesee Ave
Los Angeles, CA 90036
Hancock Park


OVERVIEW

Maywood Property Group is pleased to present 409-415 N Genesee Ave, a rare opportunity to acquire a 12-unit, two-building offering in a prime location. Offered as a package deal, this investment features potential assumable financing with Chase at an attractive 3.95% interest rate. **Property Highlights:** -Walkability: 96 Walkscore -Renovated Units: 11 of the 12 units have been upgraded with high-end finishes, with value-add potential remaining for the final unit. -Modern Amenities: 4 units at 415 N Genesee include in-unit washer and dryer and on-site parking. - Prime Location: Situated near The Grove shopping center and Hackman Capital’s CBS redevelopment, offering strong demand and growth potential. For more details, contact the listing broker.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$824 USD /SF

# OF UNITS

12

PRICE/UNIT

$462,500

CAP RATE

5.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,351 SF

ZONING

LARD1.5

APN/PARCEL ID

5527-028-012

ASK ABOUT THIS PROPERTY

Nicholas HaynerMaywood Property GroupMore Info
310-994-9158

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

Nicholas HaynerMaywood Property GroupMore Info
310-994-9158

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