2331 Lucerne Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $469
MLS Listing ID CL25573975
Year Built 1924
Lot Size 5,675 Sqft
Property Sub-Type Comm Ind For Sale
Property Description
"Lucerne Tower " is a 5 unit Italianate architectural apartment building conveniently located in the tony "Mid City" Neighborhood. Site orientation faces southwest offering ocean views, located north of the 10 freeway and east of La Brea. The grandeur architecture can date back to the late 19th century in this case showcasing notable examples of ornamentation and original millwork. There are 4 one bedroom units and 1 Penthouse with 3 garages, a long driveway and a rooftop deck. The Penthouse delivered VACANT. Buyer can immediately realize a monthly rental of $3,500 with upside potential for that vacant unit. Within a burgeoning demographic, the building is centrally located in proximity to the metro line, trendy coffee shops, restaurants and world renowned museums in the greater Los Angeles environment.
Location
State CA
County Los Angeles
Zoning LARD
Building
New Construction No