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Cottage-Style 3-Unit Multifamily
For Sale
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Pending

1149 N Genesee Ave, West Hollywood, CA 90046

Built in 1923, this separately metered, gated 3-unit property offers individual yard space for each unit.

Property SizeContact for details
Days on Market145

Property Features for 1149 N Genesee Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1923
Listing Agency: Century 21 Peak Commercial Los Angeles
Listed By: Jason Flashman · License #CA 01841976
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 31 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Peak Commercial Los Angeles

Investment Insights

Based on property information with market context.

This value-add cottage-style multifamily property was built in 1923 and features three units with an excellent unit mix of (2) 1+1 and (1) 2+2. The units are separately metered and each is gated from the others, with personal yard space included. The 2+2 unit is currently vacant and is noted as being upgraded, while the property is described as well maintained.

Per the City, the property has the ability to add two additional ADUs, which would allow the site to be converted into a five-unit property. The 1+1 units are also described as offering over 26% upside, and the listing requests that tenants not be disturbed.

The current configuration is designed to provide privacy and separate utility metering within a gated arrangement, with the vacant unit presenting the most immediate opportunity within the existing three-unit setup.

Key Highlights

  • Built in 1923, 3‑unit cottage‑style property in West Hollywood, CA.
  • Excellent unit mix: two 1+1 units and one 2+2 unit (2+2 currently vacant).
  • All three units are separately metered and gated from each other with personal yard space.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Built in 1923, this separately metered, gated 3-unit property offers individual yard space for each unit.
Where is this triplex located?
The property is located at 1149 N Genesee Ave West Hollywood, CA.
What are key features of this property?
This property features: Built in 1923, 3‑unit cottage‑style property in West Hollywood, CA.; Excellent unit mix: two 1+1 units and one 2+2 unit (2+2 currently vacant).; All three units are separately metered and gated from each other with personal yard space.
More about this property
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