CA > Los Angeles
Los Angeles, CA 90019,1074 S Genesee AVE
Los Angeles, CA 90019,1074 S Genesee AVE
Los Angeles, CA 90019,1074 S Genesee AVE
Los Angeles, CA 90019,1074 S Genesee AVE
Los Angeles, CA 90019,1074 S Genesee AVE
Los Angeles, CA 90019,1074 S Genesee AVE
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Tony Garcia

Tony Garcia

+1(323) 334-1124
$ 2,225,000
Est. payment | /mo

5 Beds

8 Baths

5,054 SqFt

Save
$ 2,225,000
Est. payment | /mo
Save

5 Beds

8 Baths

5,054 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $440

MLS Listing ID 25605223

Bedrooms 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1933

Lot Size 7,270 Sqft

Property Description

1074 S Genesee Avenue, also known as the Charlotte Chase Apartments, is an architecturally significant Spanish Colonial Revival 4-plex located in the highly desirable Carthay Square / Wilshire Vista neighborhood of Los Angeles. Originally constructed in 1933 for Charlotte Chase herself, the property stands as an exceptional example of well-preserved period architecture and craftsmanship. The building has been carefully maintained and thoughtfully upgraded, featuring in-unit washer/dryers, extensively renovated kitchens and bathrooms, and central HVAC systems on both levels. Additional features include original wainscoting, hardwood floors, decorative ceiling beams, crown molding, and vintage bathroom tile work that highlight the property's historic character. The property is currently receiving extensive cosmetic repairs to the exterior stucco and will be repainted shortly, photos are circa 2020. The 5,054 square foot building sits on a 7,267 square foot LAR3 lot and features a unique unit mix consisting of a massive 2,158 SF 3-bedroom, 3.5-bath owner's unit occupying the entire ground floor, along with a 1-bedroom + 1.5-bath, a 1-bedroom + 1-bath, and a studio on the upper level. The property also includes two detached two-car garages plus three uncovered spaces, providing a total of seven parking spaces. With strong in-place income of just under $13,500 per month, this offering is priced at $2,225,000, equating to $556,250 per unit, $440.25 per square foot, and a 13.74 GRM. Under Senate Bill 1211, an investor may build up to four ADUs and modify or retain some of the seven parking spaces (Buyer to Verify).

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Garage, Uncovered

Pool None

Total Parking Spaces 7

Private Pool No

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5086026004

Special Listing Condition Standard

CRMLS – RECore
Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc.
Tony Garcia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 334-1124

homesbyasg@gmail.com

8526 Florence Ave, Downey, CA, 90240, USA

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1074 S Genesee AVE