
Multifamily listing
1043 n genesee
sold in
West Hollywood
10 Units in WeHo @ 17.56 GRM & 3.17% CAP
Sold At
$
3,035,000
10
Number of Units
1959
Year Built
8,814
SF
Square Footage
6,227
SF
Lot Size
WDR3C
Zoning
1043 N Genesee Ave, West Hollywood, CA 90046
About the Property
Kenny Stevens Team is pleased to present 1043 N Genesee Ave. This 10-unit apartment community is situated just south of Santa Monica Boulevard and east of Fairfax in prime West Hollywood, one of the premier destinations in L.A. Walking distance to shops, bars, restaurants, entertainment, and public transit on both major thoroughfares add to this property’s long-term appreciation. The well-maintained property consists of (4) two-bedroom/two-bathroom units and (6) one-bedroom/one-bathroom units—each bright and spacious with an average of over 850 sq ft. 12 bathrooms and 3 kitchen have been completely remodeled. Amenities include semi-subterranean gated parking spaces. This is a great opportunity for any investor to take advantage of the huge 73% potential upside in rental income.
1043 N Genesee Ave.
WeHo / Beverly Hills
Listed Price
$
Number of Units
10 Units
Price per. Unit
$303,500
Bldg. Size
8,814 SF
Price per Foot
$344
Lot Size
6,227 SF
Year Built
1959
Current CAP
3.17%
Market CAP
7.19%
Zoning
WDR3C
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$303,500
Price p/ Sq. ft.
$344
Proforma Cap Rate
7.19%




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