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2927 S Genesee Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 5 bed, 3 bath

2927 S Genesee Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$1,276,000
2927 S Genesee Avenue, Los Angeles, California 90016
5Beds
3Baths
1,730Sqft
5,505Lot
Year Built
1944
Close
-
List price
$1.28M
Original List price
$1.4M
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
SR25091268
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.28M(69th), sqft - 1730(71th), beds - 5(90th), baths - 3(73th).

Family owned home for over 60 years is now on the market a fantastic opportunity for someone looking for a starter home with room for growth! With five bedrooms and three baths there is definitely plenty of space for a family or even for potential room rentals. The home has separate back entrance to kitchen and another to the bedrooms. The right side of the home once had a door leading into the 2nd bedroom that is now closed, but can be re-opened just another way to generate some income with a room rental with a private entrance. The large master suite with it's skylight and spacious bathroom across the hall with jacuzzi tub adds a nice touch of comfort. Plus the unfinished garage conversation into an ADU could be a great project for a new owner, especially if you are looking to generate some rental income or have a little private space. There is plenty of parking space (possible RV parking). There is additional parking in the back of the home with alley access. And let's not forget the drought tolerant landscaping. The location seems ideal too, being close to downtown LA and various amenities. This place can cater to a variety of needs, weather someone wants a cozy family home or an investment opportunity. The home is located in a great neighborhood with a neighborhood park a few blocks away. It's close to downtown LA, Culver City, Beaches, 10 Freeway, Public transportation-Metrolink, shopping, restaurants and schools. Home will be sold "AS IS".

Nearby schools

6/10
Marvin Elementary School
Public,•K-5•0.5mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.6mi
5/10
Cienega Elementary School
Public,•K-5•1.0mi
5/10
Virginia Road Elementary School
Public,•K-5•1.8mi
4/10
Alta Loma Elementary School
Public,•K-5•2.1mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.7mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.7mi
2/10
Audubon Middle School
Public,•6-8•2.7mi
3/10
Daniel Webster Middle School
Public,•6-8•3.7mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.1mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
10/21/25
Price Change
$1,276,000-2.7%
08/28/25
Price Change
$1,311,000
04/25/25
Listing
$1,399,000
Condition Rating
Fair
Built in 1944 and described as 'family owned for over 60 years' and sold 'AS IS,' this property shows significant signs of age and dated renovations. The kitchen features older light wood cabinets and what appear to be basic countertops, with a relatively newer refrigerator but an overall dated aesthetic. The main bathroom is particularly outdated with black marble-look wall tiles and a standard vanity, likely from a renovation 15-30 years ago. Flooring is a mix of older carpets and some laminate/hardwood. While functional and seemingly maintained, the property requires substantial cosmetic updates and modernization throughout, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated and require minor updates or repairs.
Pros & Cons

Pros

High Income/Rental Potential: The property offers significant income-generating opportunities with 5 bedrooms and 3 baths, separate entrances for potential room rentals, and an unfinished garage ripe for ADU conversion.
Strategic Los Angeles Location: Boasting an ideal location close to Downtown LA, Culver City, beaches, the 10 Freeway, and public transportation, providing excellent connectivity and access to amenities.
Abundant Parking & Alley Access: A rare find in Los Angeles, the property features plenty of parking space, including potential RV parking and additional parking in the back with convenient alley access.
Spacious & Flexible Layout: With 5 bedrooms and 3 bathrooms across 1730 sqft, the home provides ample space for a large family or offers versatile living arrangements with room for future growth and customization.
Desirable Neighborhood & Eco-Friendly Features: Located in a great neighborhood with a nearby park and featuring drought-tolerant landscaping, which offers both low maintenance and environmental benefits.

Cons

As-Is Sale Condition: The property is being sold 'AS IS,' indicating that the buyer will be responsible for all necessary repairs, updates, and potential deferred maintenance, requiring additional financial investment.
Unfinished ADU Conversion: While offering potential, the garage ADU conversion is unfinished, meaning the new owner must undertake a significant project in terms of time and capital to realize its income-generating benefits.
Age and Potential for Dated Systems: Built in 1944 and family-owned for over 60 years, the home likely has original or dated systems (e.g., electrical, plumbing, HVAC) and finishes that may require substantial modernization beyond basic repairs.

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