436 N Genesee, Los Angeles, California 90036, Los Angeles, 90036 - 0 bed, 0 bath
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436 N Genesee
Los Angeles, California 90036
ACTIVE
CONDITION: POOR
0Beds
0Baths
4,129Sq Ft
6,150Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,169,744
19% AboveMARKET VALUE
SUMMARY
This 4-unit Quadruplex presents a High-Potential Investment Opportunity with a List Price of $1,395,000—positioned well above the $1,169,745 Fair Market Value by 19%. While the probate status requires careful navigation, the property offers significant upside through its 3 vacant units, allowing for immediate market-rate repositioning. With a Condition Rating of 5, the asset requires a full modernization of aging systems. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers targeting the high-demand Miracle Mile rental market.
Estimated Market Value
$1,169,744
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 436 N Genesee Subject | $1,395,000* List Price | 0 | 0 | 4,129 | $283 | - |
A 356 N Sierra Bonita Sold | $1,450,000 | 0 | 0 | 5,320 | $273 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947 (>75 years old) and offered via probate auction, the property likely suffers from significant deferred maintenance. Given the age and lack of mentioned renovations, the kitchens, bathrooms, and major systems (HVAC/Electrical) likely require a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Value-Add Potential
With 3 out of 4 units delivered vacant, investors have a rare opportunity to renovate and set market-rate rents immediately, bypassing typical rent control limitations on tenant turnover.
- Prime A+ Location
Situated near The Grove and the Beverly Center-Miracle Mile area, the property is located in a high-demand rental pocket known for strong appreciation and proximity to world-class shopping and entertainment.
- Superior Unit Mix
The building consists entirely of large 3-bedroom units, which are highly sought after and command premium rents compared to the more common 1 and 2-bedroom configurations in the area.
CONSRISKS & DEFICIENCIES
- Probate Auction Complexity
The probate sale process often involves court confirmation and potential overbidding, which can lead to a less predictable acquisition timeline and final purchase price.
- Vintage Infrastructure
Built in 1947, the property likely requires significant capital expenditure for modernization and repairs to aging systems to meet contemporary tenant expectations.
About 436 N Genesee
PROBATE AUCTION!!! RARE OPPORTUNITY TO PURCHASE A 4 UNIT APARTMENT BUILDING WITH 3 VACANT UNITS, CLOSE TO THE GROVE, ON THE WEST SIDE OF LOS ANGELES. (4) 3 BEDROOM, 1 BATH UNITS AND (2) 2 CAR DETACHED GARAGES. CLOSE TO SHOPPING AND ENTERTAINMENT.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1947
- Lot Size
- 6,150 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hancock Park Elementary School
Grades K-5 • 0.7 mi
7/10
Third Street Elementary School
Grades K-5 • 1.4 mi
8/10
Vine Street Elementary School
Grades K-6 • 1.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,129 | 2,187.451 |
| Lot Size | 6,150 | 5,841.385 |
| Price | $1.40M | $841.5K |
| Price per sq ft | $338 | $385 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 16 | 85 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,395,000
Initial Listing