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630 N Genesee Avenue, Los Angeles, California 90036, Los Angeles, 90036 - bed, bath

630 N Genesee Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$2,450,000
630 N Genesee Avenue, Los Angeles, California 90036
0Bed
0Bath
5,032Sqft
6,373Lot
Year Built
1926
Close
-
List price
$2.45M
Original List price
$2.5M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
OC25152834
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

632 N. Genesee is a very well maintained 4-unit multifamily asset ideally located in Melrose Village, with One unit delivered Vacant, remodeled, & ready to move in! Built in 1926, this charming two-story Spanish Style property is over 5,032sf in size and comprised of (4) 2 Bedroom Townhouse Style Units, each spanning 1,200sf with spacious layouts and private access. 3 out of the 4 units have been immaculately updated including the front downstairs unit that’s perfect for an owner/user. Upgrades include new Milgard double pane windows, recessed lighting, hardwood flooring, AC units, washer/dryer hookups inside, and modern kitchen & bath designs to appeal to the local tenant demand. Situated on a 6,373 SF lot zoned LA-RD1.5, the property offers a 4 car detached garage in the back perfect to convert into an ADU for additional income. Huge rental demand in an amazing Beverly Grove location near Fairfax, Farmers Market, the Grove, and walking distance to tons of trendy restaurants & shops on Melrose.

Nearby schools

7/10
Hancock Park Elementary School
Public,•K-5•0.9mi
8/10
Third Street Elementary School
Public,•K-5•1.6mi
2/10
Vine Street Elementary School
Public,•K-6•1.8mi
3/10
Laurel Elementary School
Public,•K-8•0.5mi
7/10
John Burroughs Middle School
Public,•6-8•1.8mi
7/10
Fairfax Senior High School
Public,•9-12•0.2mi

Price History

Date
Event
Price
08/14/25
Price Change
$2,450,000
07/09/25
Listing
$2,500,000
10/18/16
Sold
$1,700,000
12/24/13
Sold
$1,480,014
05/23/96
Sold
$373,000
Condition Rating
Excellent
Despite the 1926 build year, the listing explicitly states that '3 out of the 4 units have been immaculately updated' and 'One unit delivered Vacant, remodeled, & ready to move in!'. The images confirm a very recent and extensive renovation, showcasing a modern kitchen with new stainless steel appliances, contemporary two-tone cabinetry, and subway tile backsplash. The interiors feature new light-colored wide-plank flooring (described as hardwood), recessed lighting, modern light fixtures, and new double-pane windows. While the cooling appears to be via new window AC units rather than central air, these are still new installations. The overall aesthetic and condition of the renovated units are virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

High Income Potential: A well-maintained 4-unit multifamily asset with one vacant, remodeled unit ready for immediate occupancy or rental, and three additional updated units, ensuring strong cash flow.
Exceptional Location: Strategically located in the highly sought-after Melrose Village/Beverly Grove area, offering proximity to popular attractions, dining, and shopping, which drives high rental demand.
Significant ADU Conversion Opportunity: The detached 4-car garage presents a clear and valuable opportunity for conversion into an Accessory Dwelling Unit, enhancing property value and generating additional income.
Extensive Modern Renovations: Recent upgrades across multiple units, including new Milgard double-pane windows, AC units, recessed lighting, hardwood flooring, and modern kitchen/bath designs, appeal to contemporary tenants and minimize immediate capital expenditures.
Desirable Unit Layouts: Each of the four units features a spacious 1,200 sqft townhouse-style layout with private access, a highly attractive feature for renters in the urban market.

Cons

Property Age & Potential Infrastructure Concerns: Built in 1926, the property, despite cosmetic updates, may have original infrastructure (e.g., plumbing, electrical systems not explicitly mentioned as fully replaced) that could lead to future maintenance or upgrade costs.
Unspecified Condition of One Unit: While three units are updated and one is vacant/remodeled, the description doesn't explicitly detail the condition of the remaining unit, suggesting it might require future investment to align with the renovated units.
Limited Parking for Density: A 4-car detached garage for a 4-unit property (plus potential ADU) provides only one parking spot per unit, which could be a drawback for tenants in a dense urban environment where parking is often at a premium.

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