LKV Realty
Logo
$1,950,000
$6,000Reward *
1040 N Genesee Avenue, West Hollywood, CA 90046Listing ID 26643131

1040 N Genesee Avenue, West Hollywood, CA 90046

Active
Time on site: 203 daysLast updated: Feb 3, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
11
Bathrooms
Bathrooms
6
Square Feet
Square Feet
4,800
Acres
Acres
0.15
Days on Site
Days on Site
203
Heating
Heating
Wall Furnace
Year Built
Year Built
1955
Parking
Parking
Detached Carport

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.

Property Information

Property Details

Location

Address
1040 N Genesee Avenue
County
Los Angeles
City
West Hollywood
Zip Code
90046
MLS Area
C10 - West Hollywood Vicinity

Interior Features

Beds and Baths

Bedrooms
11

Building

Building Information

Square Feet
4,800
Year Built
1955
Construction
Stucco

Financial

Special Conditions
Standard
Saadia 'Sam' LiberowMarcus & Millichap, (818) 212-2700

Market Report for 90046

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C119946