2533 Lucerne Avenue
2533 Lucerne Avenue
$2,200,000
12
6
5,530
5,530
$398
Description
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...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!
- Listed by Kory Jackson • DRE #01315324 • Brokerage DRE #01022642 • eXp Realty of California Inc
Property Details for 2533 Lucerne Avenue
Zoning
LARD1.5
StyleTraditional
Cross StreetsLaBrea Ave and Adams Blvd
Accessibility FeaturesNone
Parcel Number5057003024
Total Units4.0
Living Area5530
Source Living AreaAssessor
Location
LISTING UPDATED: 03/04/2024 12:01 AM
Property Details for 2533 Lucerne Avenue
Status | Active |
---|---|
MLS # | 24-361981 |
Days on Market | 67 |
Taxes | $27,060 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1930 |
Lot Size | 0.14 AC / 6,271 SF |
County | Los Angeles County |
Location
Building Information for 2533 Lucerne Avenue
Stories2Residences-Year Built1930Building Size-Lot Size0.14 AC / 6,271 SF
Payment Calculator
$14,261 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2533 Lucerne Avenue
Property History for 2533 Lucerne Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2533 Lucerne Avenue
Taxable ValueLand$535,906Additions$422,026Total$957,932
Tax Record2023$12,198 ($1,017 / month)
Home Facts
Total Finished SqFt5,530 SqFtAbove Grade Finished SqFt5,530 SqFtLot Size6,270 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5057-003-024
Schools near 2533 Lucerne Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Virginia Road Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
View Park Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.