Neighborhood
1428 N Genesee Ave, Los Angeles, CA 90046
3 beds · 4 baths · 2,700 sq ft · Lot: 6,754 sq ft · Single Family Home · Last Sold: $2.98M in 2021 · Built: 1919
Est. Value:
$3.59M
Est. Rent:
$4.3K/month

1428 N Genesee Ave Los Angeles, CA 90046

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3 beds · 4 baths · 2,700 sq ft · Lot Size: 6,754 sq ft · Single Family Home · Hollywood
Est. Property Value: $3,586,011

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1428 N Genesee Ave is in the Hollywood neighborhood of Los Angeles, CA. It is located in Los Angeles County and ZIP code 90046. This Single Family Home was built in 1919 and is approximately 106 years old. The single family home spans 2700 sq ft with 3 bedrooms and 4 bathrooms and sits on a 6754 sq ft lot. According to public records, it was last sold in 2021 for $2,980,000 and has a tax-assessed value of $3,161,250, which is $1,328 per sq ft. The Hollywood area of Los Angeles has 532 residential homes with an average size of 1790 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1428 N Genesee Ave Los Angeles, CA 90046 with Property Intel by Whitepages.

Investment Potential for 1428 N Genesee Ave

The property has a current estimated value of $3,586,011, which is 135% above the neighborhood median, based on public records. It last sold on December 28, 2021 for $2.98M. Projected long-term
is $52,200 annually ($4,350 per month) with a 91% occupancy rate.

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Long-Term

Gross Rental
$52,200 per year($4,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 90046 zip code
 
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Owners & Occupancy for 1428 N Genesee Ave

This property is owned by Soner Mcintyre Gizer. Owner contact information includes 6 phone numbers and 6 email addresses.

Property Owners

OccupationAttorney, The Law Office Of Soner Gizer
Cell Phone(310) ***-****View Cell Phone
Residence***************
Landline(310) 659-0331
Distance from Property**********
Email Address******@gmail.comView Email

Property Ownership Information

Purchase DateDecember 28, 2021
Property Tax Amount$36,889 in 2023
Purchase Price$2,980,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 47
Resident 2******************** age 42

Property Details for 1428 N Genesee Ave

Property Details

Property Sq Ft

Living Area

2,700 sq ft

51% above market

Lot Size

6,754 sq ft

24% above market

Price Per Sq Ft

Living Area

$1,328 / sq ft

53% above market

Lot Size Area

$531 / sq ft

46% above market

Property condition, age, exterior, etc. for 1428 N Gen…
Longitude: -118.357854 Latitude: 34.097081 Parcel Number (APN): 5551-023-017…
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Market Benchmarks

Compare data for 1428 N Genesee Ave in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$3,586,011
$634,389
$2,951,622 (465%)
$773,250
$3,456,739 (447%)
YoY Price Change
1.38%
60%
Year Built
1919
1971
-52 years
Living Space
2,700 sq ft
1,519 sq ft
1181 (78%)
$ Per Living Sq Ft
$1,328
$424
$904 (213%)
Lot Size
6,754 sq ft
7,020 sq ft
-266 (-4%)
$ Per Lot Sq Ft
$531
$92
$439 (478%)

Net Operating Income
$27,214
-$44,698 (-164%)
Annual Revenue
$52,200
$44,400
$7,800 (18%)
$14,177
$55,507 (392%)
Net Operating Income
$27,214
-$44,698 (-164%)
Cap Rate
4.23%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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