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$2,850,000
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Property Description
This prime West Hollywood 10-unit investment offers a compelling blend of strong in-place cash flow and significant value-add potential in one of Los Angeles's most sought-after multifamily submarkets. The stabilized asset features a healthy 5.65% in-place CAP rate with rents below market, providing a clear runway for up to 44% rental upside as remaining units are renovated and rents are strategically adjusted. A well-balanced unit mix anchored by eight highly desirable 1+1 units, complemented by one 2+2 and one 2+1supports durable occupancy, broad tenant appeal, and long-term income stability. Completed seismic retrofitting further enhances the investment profile by eliminating a major capital burden and reducing execution risk for new ownership.The property has undergone thoughtful modernization, with select units showcasing open floor plans, stainless steel appliances, in-unit washer/dryers, and contemporary finishes that position the asset at the top of its competitive set. Recent system and energy-efficient upgrades reduce future capital needs while setting the stage for premium rents as additional units are improved. Located in West Hollywood an area defined by exceptional tenant demand, limited new supply, and proximity to Beverly Hills, Hollywood, and Century City the asset benefits from consistently low vacancy and resilient rent growth, making it an attractive opportunity for both income-focused and value-add investors.
Full Property Details
Full Property Details for 1036 N Genesee Ave
General
- Sold For: $2,850,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26643301
- Added to Site: 119 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 11
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: In Unit, Laundry Area
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 8
- Garage Description: Gated
Location
- Area: West Hollywood Vicinity
- County: Los Angeles
- Driving Directions: Near cross streets N Genesee Ave & Santa Monica Blvd.
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Central
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco
- Roof: Flat
- Windows: Double-Pane Windows
- Stories/Levels: 2
- Square Feet: 8,190
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1960
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 10
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1508
- Lot Size: 6567
- Lot Size Source: Vendor Enhanced
- Zoning: WDR3C*
Financial Considerations
- Price Per Sq. Ft.: $365.69
- Assessment Year: 1960
- Owner Pays: Gardener, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5530-015-013
Listed by Marcus & Millichap, Saadia 'Sam' Liberow
Sold by Rodeo Realty- Brentwood, Haleh Dowlatshahi
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Schools
Schools serving 1036 N Genesee Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Los Angeles, CA 925 N. Hayworth Ave., Los Angeles, CA 90046 | K-8 | 0.3 mi |
Fairfax Senior High School 7850 Melrose Avenue, Los Angeles, CA 90046 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1036 N Genesee Ave
Date
Details
Price
Change
Source
4/27/2026
Sold
$2,850,000
-4.84%
MLS
1/26/2026
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1036 N Genesee Ave, West Hollywood, CA 90046 (MLS# 26643301) is a Multi-Family property that was sold at $2,850,000 on April 27, 2026. Want to learn more about 1036 N Genesee Ave? Do you have questions about finding other Multi-Family real estate for sale in West Hollywood? You can browse all West Hollywood real estate or contact a Coldwell Banker agent to request more information.

