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314 N Genesee Avenue — photo 1
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Units

8

Building Size

8,588 sf

Lot Size

6,227 sf

Status

Active

Listing Agent: Yitzy Pearson, Pearson Affiliated, Inc.

Los Angeles

314 N Genesee Avenue

About This Property

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.

Unit Mix

  • 8 units · 2bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Asking Price

$2,375,000

Est. Monthly Payment

$15,176/mo

20% down · 6.5% rate · 30yr

Run the Numbers
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Listing Agent

Yitzy Pearson

Pearson Affiliated, Inc.