Properties

Los Angeles, CA 90016 2331 Lucerne Avenue

2331 Lucerne Avenue Los Angeles, CA - Image 12331 Lucerne Avenue Los Angeles, CA - Image 22331 Lucerne Avenue Los Angeles, CA - Image 3
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2331 Lucerne Avenue Los Angeles, CA - Image 42331 Lucerne Avenue Los Angeles, CA - Image 52331 Lucerne Avenue Los Angeles, CA - Image 62331 Lucerne Avenue Los Angeles, CA - Image 72331 Lucerne Avenue Los Angeles, CA - Image 82331 Lucerne Avenue Los Angeles, CA - Image 92331 Lucerne Avenue Los Angeles, CA - Image 102331 Lucerne Avenue Los Angeles, CA - Image 112331 Lucerne Avenue Los Angeles, CA - Image 122331 Lucerne Avenue Los Angeles, CA - Image 13
Presented By: Antony Arkel with Douglas Elliman;
  • MLS# 26636021
  • 01/15/2026
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  • Beds • 5
  • Baths • 5
  • SQFT • 4,672

Home Details

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.
Presented By: Antony Arkel with Douglas Elliman;

Interior Features for 2331 Lucerne Avenue

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories

General for 2331 Lucerne Avenue

Cap Rate5
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsEast of La Brea Ave and South of Washington Blvd.
Full Baths
Gross Income84012
HOANo
HeatingFloor Furnace
LevelsMulti/Split
Living Area4672
Lot Size Square Feet5675
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income67210
New ConstructionNo
Number Of Units Total5
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1924
ZoningLARD2

Exterior for 2331 Lucerne Avenue

Building Area Total4672
Lot Dimensions60x94
Lot Size Acres0.1303
Lot Size Area5675
Number of Buildings2
Parking FeaturesCovered, Driveway
Total Parking5

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,625,000
MLS#26636021
List Date 01/15/2026
Property Type Multi-Family
Phone 888.795.6274
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