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1040 N Genesee AvenueWest Hollywood, CA 90046

For Sale

$1,950,000

Smart Buyer Rebate $19,500

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.

Listed by Saadia 'Sam' Liberow

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License #01933858

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Marcus & Millichap

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818-212-2795

Last updated January 26, 2026

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Source: CRMLS #26643131

Listing Facts

  • TypeMulti-family
  • NeighborhoodNair Place
  • Bedrooms11
  • Days on Prevu4
  • Size4,800 sqft
  • Price per sqft$406

Amenities

  • Dishwasher
  • Washer/Dryer
  • Parking

Location

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Listing History

01/26/2026
Listed by Marcus & Millichap
$1,950,000

Property Details for 1040 N Genesee Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Stories Total: 2
  • Window Features: Double Pane Windows
  • Year Built: 1955
  • Construction Materials: Stucco

Measurements

  • Building Area Total: 4,800
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,584
  • Lot Size Square Feet: 6,584
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.78
  • Gross Income: $168,636.00

Taxes

  • Parcel Number: 5530015012

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 4,800

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 11

Parking

Parking

  • Carport: Yes
  • Parking Features: Detached Carport
  • Parking Total: 6

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 11 bedrooms in this multi-family home at 1040 N Genesee Avenue.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 1040 N Genesee Avenue.

How does 1040 N Genesee Avenue compare to other multi-family homes in Nair Place?

This multi-family home is listed 30% below the average price for multi-family homes in Nair Place and has been on the market for 117 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,800 sqft.

1040 N Genesee Avenue is a 11-bedroom multi-family home for sale in West Hollywood CA 90046. Available on Prevu for 4 days at $1,950,000. This residence features 4,800 square feet of living space, located in Nair Place. The median listing price for multi-family homes in this area is $1,899,000. The home offers dishwasher, parking, and washer/dryer. Explore more multi-family home listings in West Hollywood.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.