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630 N Genesee Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 8 bed, 4 bath

630 N Genesee Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$2,450,000
630 N Genesee Avenue, Los Angeles, California 90036
8Beds
4Baths
5,032Sqft
6,373Lot
Year Built
1926
Close
-
List price
$2.45M
Original List price
$2.45M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
OC25182823
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
08/13/25
Listing
$2,450,000
10/18/16
Sold
$1,700,000
12/24/13
Sold
$1,480,014
05/23/96
Sold
$373,000
Condition Rating
Excellent
Despite being built in 1926, the property has undergone extensive and recent renovations in 3 out of its 4 units, including the vacant unit. The description explicitly states 'immaculately updated' interiors with 'modern kitchen & bath designs,' 'new Milgard double pane windows,' 'recessed lighting,' 'hardwood flooring,' and 'AC units.' The images confirm a virtually new interior with contemporary finishes, stainless steel appliances, and modern light fixtures, indicating that all key components are new or virtually new and meet current quality standards, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Location & High Rental Demand: Ideally located in Melrose Village, a highly sought-after Beverly Grove area with huge rental demand, walking distance to trendy restaurants, shops, Fairfax, Farmers Market, and The Grove.
Extensive Recent Upgrades: Three out of four units have been immaculately updated with new Milgard double pane windows, recessed lighting, hardwood flooring, AC units, in-unit washer/dryer hookups, and modern kitchen & bath designs, reducing immediate capital expenditures for the buyer.
Owner-User Potential with Vacant Unit: One unit is delivered vacant, remodeled, and ready for immediate occupancy, offering an excellent opportunity for an owner-user to live in one unit while generating income from the others.
ADU Conversion Potential: The property includes a 4-car detached garage in the back, presenting a clear opportunity for conversion into an Accessory Dwelling Unit (ADU) to significantly increase rental income and property value.
Spacious Townhouse-Style Units: Comprised of four 2-bedroom townhouse-style units, each spanning 1,200 sqft with spacious layouts and private access, appealing to a higher quality tenant base and commanding competitive rents.

Cons

Age of Property & Potential for Unseen Issues: Built in 1926, while charming and updated, the property may still have underlying original infrastructure (e.g., main plumbing lines, electrical panels, foundation) that could require future maintenance or significant upgrades not covered by recent unit renovations.
Unspecified Condition of Fourth Unit: While three units are noted as 'immaculately updated' and one is 'vacant, remodeled,' the specific condition of the fourth unit (if not one of the three updated ones) is not detailed, potentially implying it may require future investment to match the updated units.
Parking & ADU Trade-off: The 4-car detached garage is highlighted for ADU conversion, which, if pursued, would eliminate existing garage parking. This could create parking challenges for tenants in a dense urban area, potentially impacting rentability or tenant satisfaction.

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