$1,950,000

1040 N Genesee Avenue, West Hollywood, CA 90046

  • 4,800 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $406/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

This rare 6-unit multifamily offering presents a compelling, bite-sized entry point into one of Southern California's most desirable rental markets. Ideal for both first-time and seasoned investors, the property features a stabilized income stream with approximately 27% upside potential, offering a strong foundation for long-term wealth creation and portfolio diversification. The building has undergone a substantial exterior facelift, enhancing curb appeal and reinforcing its positioning as a well-maintained asset. Select interior renovations further elevate the property, with two upgraded units featuring modern finishes such as stainless-steel appliances, updated flooring, and in-unit laundry. Additionally, portions of the HVAC, plumbing, and electrical systems have been improved, helping to mitigate near-term capital expenditures and support efficient operations.Located on a quiet residential street yet minutes from major employment hubs, dining, entertainment, and transit options, the property benefits from West Hollywood's exceptional market fundamentals. With over 80% of households renting well above regional averages tenant demand remains deep and resilient, driven by lifestyle appeal, limited inventory, and strong pricing power per square mile. The asset offers tenant-frie

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 7, 2026 at 10:06PM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Saadia 'Sam' Liberow : 818-212-2795
MLS ID:
CL26643131
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Heating: Wall Furnace
  • Parking: Other
  • General: Stucco
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: WDR35530015012
  • 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

0.33 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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