2218 S Genesee Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 3 bath
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Los Angeles, California 90016
This Versatile Residential Asset is a Prime Investment Opportunity, listed at $1,049,000—positioned well below the $1,078,491 Fair Market Value by 2%. This valuation gap offers $29,491 in Instant Equity. Featuring a Condition Rating of 3, the move-in ready home includes dual en-suite bedrooms, a newer roof, and a private gated yard with a patio. The LARD2 Zoning provides exceptional development upside near Culver City and Beverlywood. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2218 S Genesee Avenue Subject | $1,049,000* List Price | 3 | 3 | 1,300 | $774 | - |
A 2405 Clyde Sold | $985,000 | 3 | 2 | 1,508 | $653 | 0.2 mi |
B 1927 S Marvin Avenue Sold | $1,315,000 | 3 | 2 | 1,360 | $967 | 0.3 mi |
C 2738 Thurman Sold | $856,000 | 3 | 1 | 1,075 | $796 | 0.6 mi |
D 2207 Alsace Avenue Sold | $1,186,960 | 3 | 2 | 1,347 | $881 | 0.8 mi |
E 2144 Alsace Avenue Sold | $909,000 | 3 | 2 | 1,439 | $632 | 0.9 mi |
F 2030 S Redondo Boulevard Sold | $925,000 | 2 | 1 | 1,260 | $734 | 0.9 mi |
G 2737 S Spaulding Active | $849,990 List Price | 3 | 1 | 1,230 | $691 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several key updates, including a newer roof (5 years old) and a freshly painted interior. While originally built in 1940, it features refinished original hardwood floors and updated stainless steel kitchen appliances. The kitchen and bathrooms appear functional and clean, though the kitchen retains older-style tile countertops and cabinetry. Overall, the home shows minimal wear and tear and meets the criteria for a well-maintained, updated older home.
The LARD2 zoning presents a significant opportunity for investors or homeowners looking to expand, build additional units, or maximize the property's future value.
Ideally situated adjacent to Beverlywood and Culver City, the property offers excellent proximity to trendy shops, dining, transit, and local parks.
The floor plan is highly efficient for its size, featuring two bedrooms with private en-suite bathrooms, providing privacy and convenience for residents or guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1500.
With only 1,300 square feet of living space for a three-bedroom home, the individual room dimensions may feel compact for some buyers.
Built in 1940, the property may require more frequent upkeep or modernization of legacy systems compared to newer constructions.
Tucked behind a gated wood fence, this beautifully maintained 3-bed, 3-bath home offers a private oasis with lush landscaping, paver-stone paths, and a serene, fully enclosed yard ideal for relaxing or entertaining. Inside a sun-drenched living space featuring original hardwood floors, a freshly painted interior, a cozy fireplace, and a spacious picture window in the living room. The bright kitchen flows seamlessly into a formal dining area, creating a perfect space for gatherings. The primary suite includes a private en-suite, while the second bedroom also features its own en-suite bath. A third bedroom adds flexibility for a guest room, office, or creative space. Zoned LARD2, this property presents exciting development potential, inviting possibilities for future expansion or investment. With a newer roof (just 5 years old), thoughtful upgrades, and a prime location adjacent to Beverlywood and Culver City, you're just minutes from a charming local park, transit, trendy shops, and a vibrant mix of restaurants and cafes. Whether you're looking for a forever home or a smart investment, this one checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,300 | 1,672 |
| Lot Size | 4,897 | 6,067 |
| Price | $1.05M | $1.37M |
| Price per sq ft | $807 | $801 |
| Built year | 1940 | 1939 |
| HOA | $0 | $348 |
| Days on market | 184 | 56 |
Jan 24, 2026
$1,049,000
$1,149,000
-9% Price Drop
Initial Listing
Jan 19, 2026
$1,149,000
Initial Listing
May 28, 1992
$155,000
Public Record
Sep 29, 1970
$15,000
Public Record