$ 2,225,000
-
$2,225,000
Price -
5
Bed -
6
Bath -
5,054
SqFt
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About the Listing CLW-X82195 - CLW-C141551,CLW-C143567
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 13.79 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).
Listing Highlights for 1074 S Genesee Ave
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
25605223
Year Built
1933
Total Square Footage
5,054
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Uncovered,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5086026004
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1074 S Genesee Ave Los Angeles, CA 90019
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