1817 S Genesee Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 2 bath
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Los Angeles, California 90019
This property presents a High-Potential Investment Opportunity with a List Price of $1,399,000—positioned above the $1,338,952 Fair Market Value. While the property lacks an equity gap, it offers significant upside through its ADU Development Potential in the detached garage. With a Condition Rating of 4, the home requires modernization, making it a prime candidate for value-add renovations. Located in the desirable Picfair Village, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a residence while building long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1817 S Genesee Avenue Subject | $1,399,000* List Price | 4 | 2 | 1,447 | $925 | - |
A 1807 Cochran Place Sold | $1,080,000 | 3 | 1 | 1,402 | $770 | 0.6 mi |
B 1756 S Genesee Avenue Sold | $1,100,000 | 2 | 1 | 1,208 | $911 | 0.1 mi |
C 1653 S Orange Grove Avenue Sold | $1,380,000 | 3 | 2 | 1,810 | $762 | 0.2 mi |
D 1423 S Spaulding Avenue Sold | $1,305,000 | 3 | 2 | 1,765 | $739 | 0.6 mi |
E 1612 S Genesee Avenue Sold | $1,330,000 | 2 | 2 | 1,216 | $1,094 | 0.3 mi |
F 1821 S Curson Avenue Sold | $1,084,000 | 3 | 1 | 1,109 | $977 | 0.2 mi |
G 1663 S Genesee Avenue Active | $1,749,000 List Price | 3 | 2 | 1,687 | $1,037 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1950 and, based on the bathroom imagery showing vintage tile and older fixtures, has not had a major renovation in over 20 years. While the listing describes it as move-in ready, the kitchen and baths are dated and will require modernization and likely system updates to meet current standards.
The detached garage with an adjoining laundry and storage room presents a significant opportunity to create a guest house, home office, or rental unit, adding substantial long-term value.
Ideally situated in a highly desirable neighborhood with excellent walkability to Whole Foods, Sprouts, and local cafes, offering a perfect blend of convenience and community charm.
This light-filled four-bedroom home features beautiful hardwood floors and a seamless indoor-outdoor flow to a spacious, private backyard, ideal for entertaining and modern California living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1447, other record living area = 1107. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local elementary and middle schools have lower performance ratings (4 and 3 respectively), which may be a drawback for families prioritizing top-tier public education.
While move-in ready, the property is positioned as an opportunity to 'update over time,' suggesting that some interior finishes or systems may be dated and require future capital investment.
In the heart of Picfair Village, this light-filled four-bedroom home presents an exceptional opportunity to move right in, update over time, or create your dream home. Beautiful hardwood floors enhance the inviting living and dining spaces, which flow seamlessly into the kitchen and lead to a spacious, private backyard with a mature lemon tree, perfect for entertaining, relaxing, or enjoying Southern California's indoor-outdoor lifestyle. A detached garage with an adjoining laundry and storage room offers outstanding ADU potential for a guest house, home office, or rental income opportunity. Gated for privacy and ideally situated near Whole Foods, Sprouts, neighborhood cafes, restaurants, and convenient freeway and transit access, this home offers the perfect blend of charm, flexibility, and location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,447 | 1,672 |
| Lot Size | 5,904 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $967 | $801 |
| Built year | 1950 | 1939 |
| HOA | $0 | $348 |
| Days on market | 6 | 56 |
Jul 16, 2026
$1,399,000
Initial Listing
Sep 28, 2018
$900,000
Public Record
May 1, 1996
$94,000
Public Record
Dec 16, 1994
$145,000
Public Record