2533 Lucerne Avenue Los Angeles, CA ^$ 2,200,000

2533 Lucerne Avenue

^$ 2,200,000

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2533 Lucerne Avenue

Los Angeles, CA, 90016

^$ 2,200,000

Bedrooms12 Baths6.0 Sq 5,530

Monthly Estimate*

^$ 15,368

Listed by eXp Realty of California Inc

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 1

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 2

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 3

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 4

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 5

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 6

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 7

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 8

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 9

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 10

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 11

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 12

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 13

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 14

2533 Lucerne Avenue, Los Angeles, CA 90016 - Image 15

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Multi-Family Home for sale in Los Angeles, CA

for $2,200,000 with 12 bedrooms and 6 full baths. This 5,530 square foot home was built in 1930 on a lot size of 0.144.

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!

Multi-Family Active

Price

^$ 2,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.144

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24361981

Days on Market

Features

General

Sewer SewerTapPaid

Heating WallFurnace

Cooling None

Possession CloseOfEscrow

Roof RolledHotMop

Appliances GasOven Range

Zoning LARD1.5

Garage Spaces 0.0

Architectural Style Traditional

Security Features CarbonMonoxideDetectors SmokeDetectors WindowBars

Construction Materials Stucco

Year Built 1930

Tenant Pays CableTV Electricity Gas TrashCollection Water

Stories 2

Levels Two

Gross Income 92160.0

Accessibility None

County Los Angeles

Net Operating Income 58660.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction East

Garage Y/N N

Special Listing Conditions Standard

Status Active

Buyer Financing Contract

Directions From Labrea travel east on Adams and north on Lucerne.

City Los Angeles

Disclosures CityInspectionRequired RentControl SeismicHazard

Entry Location Main Level

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

Total Units 4

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 6271.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Street Name Lucerne

Listing Terms Contract

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 1400.0

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Virtual Tour https://https-www-spotlighthomephotos-com.aryeo.com/videos/ae448c3d-f811-43dd-9aa8-a66bbb34e502

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Year Built Source Assessor

Taxes 27060.0

Cap Rate 4.19

Interior

Flooring Tile

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 12

Entry Level 1

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Gated Unassigned

Total Parking 8.0

Lot Size Area 6271.0

Number of Buildings 1

Spa N

Building Area Total 5530.0

Lot Size Acres 0.144

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2533

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(310) 717-3720

Phone

Affordability Calculator

$15,368

Per Month

Monthly Principal & Interest: $15,368
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 10%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/26/2024	$2,200,000		Listed Price

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2533 Lucerne Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $2,200,000 with 5,530 sqft and a lot size of 0.144. 2533 Lucerne Avenue has 12 bedrooms, 6.0 baths, and was built in 1930. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2024. 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, 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.

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2533 Lucerne Avenue

Multi-Family Home for sale in Los Angeles, CA

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