1562 S Genesee Ave, Los Angeles, CA 90019

Property Description

Welcome to 1562 South Genesee Avenue, a charming and spacious duplex in the heart of the tree-lined streets of Picfair Village. This unique property features a total of 4 bedrooms and 2 bathrooms, spanning an impressive 3,168 square feet of living space. It's an ideal opportunity for an owner/user looking to invest in a home that combines style, comfort, and potential. Hardwood floors are paired perfectly with high ceilings that create an open and inviting atmosphere. The units feature formal dining rooms, perfect for hosting gatherings or enjoying intimate family meals. Step outside to enjoy the serene porch area, ideal for morning coffee or evening relaxation. Prime location surrounded by beautifully heritage homes, this duplex is just minutes from Larchmont Village, Cedars, The Grove, Beverly Hills, and Downtown LA, making it a prime location with exceptional rental demand. The property also includes a garage and ample parking space with the potential to add another unit above the garage for increased rental income. Recent upgrades include: new AC, dishwasher, stove, sink, garbage disposal, central air and heating, washer and dryer in unit, and upgraded electrical throughout for additional ampage. Situated on a 6,882 square foot lot, this property provides both generous indoor and outdoor spaces, allowing for endless possibilities. Whether you envision a garden, play area, or entertainment space, the lot offers the flexibility to make it your own. This is truly a gem, providing both comfort and opportunity. Don't miss this perfect chance to make 1562 South Genesee Avenue your best investment property/home. Buyer to cooperate with seller's 1031 exchange.