- ERA
- California
- West Hollywood
- 1040 N Genesee Avenue
1040 N Genesee Avenue, West Hollywood, CA 90046
Local realty services provided by:ERA North Orange County Real Estate
1040 N Genesee Avenue,West Hollywood, CA 90046
$1,950,000
- 11 Beds
- 6 Baths
- 4,800 sq. ft.
- Multi-family
- Active
Listed by: saadia 'sam' liberow
Office: marcus & millichap
MLS#:26643131
Source:CRMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$406.25
About this home
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.
Contact an agent
Home facts
- Year built:1955
- Listing ID #:26643131
- Added:4 day(s) ago
- Updated:January 26, 2026 at 09:28 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:6
- Living area:4,800 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1955
- Building area:4,800 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$406.25
New listings near 1040 N Genesee Avenue
- Open Sun, 2 to 4pmNew
$795,000Active2 beds 2 baths1,110 sq. ft.8400 De Longpre #212, West Hollywood, CA 90069
MLS# AR26022015Listed by: CA FLAT FEE LISTINGS, INC - Open Tue, 11am to 2pmNew
$6,800,000Active4 beds 5 baths3,656 sq. ft.8880 Rosewood Avenue, West Hollywood, CA 90048
MLS# 26645103Listed by: REAL BROKERAGE TECHNOLOGIES - Open Sun, 1 to 4pmNew
$1,051,000Active2 beds 2 baths1,220 sq. ft.1037 N Laurel Avenue #14, West Hollywood, CA 90046
MLS# 26644715Listed by: COLDWELL BANKER REALTY
$6,650,000Pending3 beds 3 baths3,158 sq. ft.8899 Beverly Boulevard #9C, Los Angeles, CA 90048
MLS# 26645203Listed by: REAL BROKERAGE TECHNOLOGIES- New
$795,000Active2 beds 2 baths1,274 sq. ft.1045 N Kings Road #108, West Hollywood, CA 90069
MLS# 26644835Listed by: THE AGENCY - Open Sun, 1 to 4pmNew
$975,000Active1 beds 2 baths1,200 sq. ft.1250 N Harper Avenue #416, West Hollywood, CA 90046
MLS# 26643001Listed by: COLDWELL BANKER REALTY - Open Sun, 1 to 4pmNew
$895,000Active2 beds 2 baths1,421 sq. ft.1121 N Olive Drive #201, West Hollywood, CA 90069
MLS# 26643985Listed by: COMPASS - New
$950,000Active2 beds 2 baths1,251 sq. ft.949 N Kings #215, West Hollywood, CA 90069
MLS# GD26020263Listed by: EVERNEST REALTY GROUP - New
$2,995,000Active2 beds 3 baths2,252 sq. ft.1100 Alta Loma Road #1404, West Hollywood, CA 90069
MLS# 26644211Listed by: THE AGENCY - New
$950,000Active2 beds 2 baths1,251 sq. ft.949 N Kings #215, West Hollywood, CA 90069
MLS# GD26020263Listed by: EVERNEST REALTY GROUP