1021 N Genesee Ave, West Hollywood, CA 90046

Beds      Baths      8,738 SF      $2,780,000      

1021 North Genesee Avenue is a 10-unit apt building in one of the best, highly-sought after, rental locations in a desirable and trendy West Hollywood. This 1960 2-story wood framed building offers semi-subterranean gated parking for 10 vehicles. The gated property has 8,738 sq-ft of building on a 6,380 sq-ft lot.  The unit mix is 4, two bedroom + two bathroom units and 6, one bedroom + one bathroom units. The common laundry machines are landlord controlled and produce income. Selected units have been beautifully renovated with modern new flooring, brand new appliances, new lighting, and wall AC units. The exterior common areas have been upgraded with new paint and lush low-maintenance landscaping. There is fire sprinkler system in the parking garage. An astute investor will benefit immediate cash flow, with the opportunity to capitalize significantly on higher market rents and to acquire a well maintained and low maintenance property, offering a tremendous rental upside