Active
2533 Lucerne Avenue
Los Angeles CA, 90016
$2,199,000
$397.65 per sqft
Active
12 Beds
6 Baths
5,530 sqft
Residential
Built in 1930
Listed by Kory Jackson with eXp Realty of California Inc 310-717-3720
Very rare, West Adams 4-unit apartment building. Property near Culver City, The Cumulus District, the Hayden Tract, and The Habitat ( and West Adams) is one of the hottest and up-and-coming neighborhoods in Los Angeles. There is an opportunity for an owner to live in one of the units while renting out the others for instant income or add it to your long-term portfolio for potential future development. Gross Scheduled Income (GSI) $92,160; Expenses $28,860; Net Operating Income (NOI) $63,300; GRM 23.87; Cap Rate 4.19%. All units are INDIVIDUALLY WATER, GAS, AND ELECTRIC METERS. Low maintenance costs with fully tile flooring. Unit mix: 3 BD/2BA, 3BD/1BA, 3BED/1BA AND 3 BD/2BA. Easy access to Mar Vista, Venice, Playa Vista, LAX, DTLA and the Expo Line. BRING YOUR BEST OFFER!
24361981
MLSⓇ ID
February 25, 2024
Listed
August 30, 2024
Updated
Map
2533 Lucerne Avenue
Los Angeles CA, 90016
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
6
Appliances
Gas Oven, Range
Floor Description
Tile
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Traditional
Roof
Rolled/Hot Mop
Sewer
Sewer Tap Paid
Other Property Details
Area Name
C16 - Mid Los Angeles
Days on Market
175
Garage
No
Parking
Gated, Unassigned
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
|---|---|---|
8/19/2024 | Price change | $2,199,000 -1% |
Listing Contact: 888-584-9427
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:05 PM UTC