1040 N Genesee Avenue, West Hollywood, CA 90046
Local realty services provided by:CENTURY 21 Valley Properties
1040 N Genesee Avenue,West Hollywood, CA 90046
$1,950,000
- 11 Beds
- 6 Baths
- 4,800 sq. ft.
- Multi-family
- Active
Listed by: saadia 'sam' liberow
Office: marcus & millichap
MLS#:26643131
Source:CRMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$406.25
About this home
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-friendly amenities including assigned and covered parking, separately metered utilities, spacious floor plans, and modern features that promote higher occupancy and reduced turnover. Investors will enjoy a strong in-place cap rate with clear upside through continued rental growth, operational optimization, and light repositioning making this an attractive, high-quality investment in an A-tier submarket.
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Home facts
- Year built:1955
- Listing ID #:26643131
- Added:33 day(s) ago
- Updated:March 01, 2026 at 11:33 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:4,800 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1955
- Building area:4,800 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Stucco
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$406.25
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
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