$2,995,000

1036 N Genesee Avenue, West Hollywood, CA 90046

  • 8,190 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $366/sqft
  • Property List Date Icon Listed 12 days ago

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 ass

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 8, 2026 at 3:09AM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Saadia 'Sam' Liberow : 818-212-2795
MLS ID:
CL26643301
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Heating: Other
  • Parking: Other
  • General: Stucco
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: WDR35530015013
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Saadia 'Sam' Liberow , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laurel School

925 N Hayworth Ave, Los Angeles, CA, 90046

Grades KG-8

0.32 miles away

W

West Hollywood Opportunity

1049 N Fairfax Ave, West Hollywood, CA, 90046

Grades 7-12

0.21 miles away

W

West Hollywood Opportunity

1049 N Fairfax Ave, West Hollywood, CA, 90046

Grades 7-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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