For SaleRisky Deal5 days on market

802 S Genesee Ave

802 S Genesee Ave, Los Angeles, CA 90036, Los Angeles, CA 90036
$2,349,000
Estimate®:$2,319,000

Listing Price

Property image 1
802 S Genesee Ave, Los Angeles, CA 90036
Loc: Los Angeles, CA
Days Listed
5
Tax Assessed
$2414k
Estimate®
$2319k
Market Rate
Lot Size
8,812 sqft
Rent Estimate
$6,415/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Carthay Center Elementary

K-5
0.6 mi away
7

Emerson Community Charter School

6-8
4.4 mi away
5

Fairfax Senior High School

9-12
1.5 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Spanish Colonial Revivalstucco exteriorred tile roofarchwaytower entrancemanicured hedgesstone pathwaytraditionalhistoricMediterraneanlandscapedcourtyard

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.15%
Total ROI
-16.1%
Cash Flow
$-9,933/mo
DSCR
0.19
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-9,933/mo net cash flow with a 1.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Los Angeles, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-11Listed for sale$2,349,000$1,229
2022-10-12Sold$2,275,000$1,190
2022-09-23Pending sale$2,275,000$1,190
2022-09-14Contingent$2,275,000$1,190
2022-09-07Listed for sale$2,275,000$1,190
2022-09-02Listing removed$0
2022-08-18Listed for rent$10,000$5
2009-09-30Sold$670,000$351

Tax History

YearProperty TaxTax Assessment
2026$0$2,414,247
2025$28,558.06$2,366,910
2024$28,241.61$2,320,500
2023$27,692.77$2,275,000
2022$21,379.34$834,275
2021$9,999.88$817,917
2020$10,100.42$809,532
2019$10,100.42$793,660
2018$9,614.22$778,099
2017$9,614.22$762,843
2016$9,409.02$747,886
2015$9,192.99$736,653
2014$9,095.6$722,224
2012$0$704,865
2011$0$675,045
2010$0$670,000
2009$0$84,105
2008$0$82,457
2007$0$80,841
2006$0$79,257
2005$0$79,257
2004$0$76,181
2003$0$74,786
2002$0$73,321
2000$0$70,476
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,911
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in Los Angeles
+18% vs. list
$
$85,995
75% Rule
Maximum Allowable Offer (MAO)
$1,992,870

Calculated as (75% × $2,771,820) − $85,995

Asking Price is $356,130 (15.2%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $1,992,870 based on $85,995 in required updates.
Current Asking Price:$2,349,000
Estimated ARV:$2,771,820
Estimated Renovation:$85,995
All-In Capital Basis (MAO + Rehab):$2,078,865
Projected Equity Margin:+$692,955
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $2,349,000[Observed] Rent: $6,415/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $1,175/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.15%

NOI: $27,068/yr

Cash-on-Cash Yield
-22.1%

On $540,270 invested

DSCR Ratio
0.19x

Negative debt coverage

5-Yr Leveraged ROI
+-16.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$1,509/mo
[Estimated]Homeowner / Hazard Insurance-$1,175/mo
[Defaulted]Vacancy Reserve (5% of rent)-$321/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$642/mo
[Defaulted]Property Management (8% of rent)-$513/mo
Total Pure Operating Expenses-$4,159/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,415/mo
Less: Operating Expenses-$4,159/mo
Net Operating Income (NOI)+$2,256/mo
Less: Debt Service (30yr @ 6.75%)-$12,188/mo
Net Cash Flow
$-9,933/mo
$-119,194/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Los Angeles.