2331 Lucerne Avenue Los Angeles, CA $ 1,625,000
2331 Lucerne Avenue
$ 1,625,000
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2331 Lucerne Avenue

Los Angeles, CA, 90016
$ 1,625,000
Bedrooms5 Baths5.0 Sq 4,672

Monthly Estimate*

$ 10,005

Listed by Christie's International Real Estate SoCal
2331 Lucerne Avenue, Los Angeles, CA 90016 - Image 1
2331 Lucerne Avenue, Los Angeles, CA 90016 - Image 2
2331 Lucerne Avenue, Los Angeles, CA 90016 - Image 3
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Multi-Family Home for sale in Los Angeles, CA

for $1,625,000 with 5 bedrooms and 5 full baths. This 4,672 square foot home was built in 1924 on a lot size of 0.1303.

BEST VALUE IN MID CITY! Welcome to Lucerne tower! A five unit, 1920's Italianate Arts & Crafts architectural multifamily apartment building with multiple live/ loft/ work accessory unit potential. Centrally located, within the urban vibrancy of Mid City Heights/West Adams district. Officially designated an "Urbanized, Transit Priority Area" (TPA), the property is strategically positioned in the most appealing centre of high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighbourhood is experiencing a rapid growth of multifamily development. Lucerne Tower sits within recently funded city infrastructure installations including (2) Metro lines to USC , LAX, Downtown, Westside Beaches, and walkability to the "Washington Corridor" & Artist District featuring trending coffee venue destinations and art galleries. All units have been master-crafted, millwork restored and adequately sized [potential reconfigure] with hi-cove ceilings, separate dining areas, sconced parlors and Batchelder fireplace mantles. Bathrooms feature wainscoted tile, pedestal sinks, and deep 1920s Kohler tubs in all units. All units retain individual laundry rooms with 125 amp electric service, copper plumbing with no expense spared on the structural assets. The property sits atop an apex of unobstructed, Los Angeles citywide views. Here you will find the "hero tower" unit with a separate 12'x12' creative space, 360' panoramic rooftop views and balconies perched over the Mediterranean landscape's 25 ft palm trees. The rear loft apartment sits stand alone over (4) additional artist shops or studio workplaces adding a unique flex-space potential [buyer to verify with city]. The property can be versatile for an owner-user/creative that wants to have onsite work -loft studio space or any professional/investor.

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1303

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26636021

Days on Market

2

Features
General
Living Area 4672
Sewer Other
Heating Floor Furnace
Cooling None
Zoning LARD2
Year Built 1924
Levels Multi/Split
Gross Income 120012
County Los Angeles
Net Operating Income 96010
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions East of La Brea Ave and South of Washington Blvd.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 5
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5675
Standard Status Active
Cap Rate 5
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 5
Total Baths 5
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Exterior
Parking Features Covered Driveway
Total Parking 5
Lot Size Area 5675
Number of Buildings 2
Building Area Total 4672
Lot Dimensions 60x94
Lot Size Acres 0.1303
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* Excluded Features
List By
Christie's International Real Estate Socal

Broker

antony@ciresocal.com

Email

Affordability Calculator

$10,005
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Monthly Principal & Interest
$10,005
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,625,000 Listed Price

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2331 Lucerne Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,625,000 with 4,672 sqft and a lot size of 0.1303. 2331 Lucerne Avenue has 5 bedrooms, 5.0 baths, and was built in 1924. The property's zip code is 90016 which is in Los Angeles, CA