Property listed by Christie's International Real Estate SoCal, Antony Arkel 424-249-7162
$2,195,000
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… Read More this case showcasing notable examples of exterior cornice ornamentation and original interior millwork. There are 4 one bedroom units and 1 Penthouse with 3 garages/accessory units, 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. Read Less
Listing Snapshot
Days Online
5
Last Updated
Property Type
Other
Beds
5
Square Ft.
4,672
Lot Size
0.13 Acres
Year Built
1924
MLS Number
25576183
30 Days Snapshot Of 90016
$997k
-15%
(avg) sold price
10
-28%
homes sold
68
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 4,672, Levels: Two, Living area: 4672, 2 stories, 2 buildings
Cooling
None
Floors
Wood
Heating
FloorFurnace
Income
Gross income: $126,012, Net operating income: $100,512
Lot
0.1303 acres, 5,675 square feet, Size: 5,675
Parking
6 totals parking, Driveway
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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