444 North Lucerne Boulevard

Los Angeles, CA 90004

$3,495,000
Price
6
Beds
6
Baths
5,560 Sq. Ft.
$629 / Sq. Ft.
5,560
Sq. Ft.
$629
per Sq. Ft.

Description

Welcome to Luxury Living in Larchmont! Introducing a remarkable triplex nestled in the prestigious Hancock Park neighborhood, where elegance meets modern convenience. This stunning property boasts a meticulously crafted duplex featuring a lower unit with three bedrooms and two baths, complemented by an upper unit offering two bedrooms and two baths. Step into luxury as abundant natural light floods each unit, highlighting exquisite crown molding and beautiful original architectural details. Hardwood...Welcome to Luxury Living in Larchmont! Introducing a remarkable triplex nestled in the prestigious Hancock Park neighborhood, where elegance meets modern convenience. This stunning property boasts a meticulously crafted duplex featuring a lower unit with three bedrooms and two baths, complemented by an upper unit offering two bedrooms and two baths. Step into luxury as abundant natural light floods each unit, highlighting exquisite crown molding and beautiful original architectural details. Hardwood floors lead you through spacious living areas adorned with stainless steel appliances, granite countertops, and a center island perfect for culinary creations. The upper unit presents an expansive enclosed sunroom, stretching across the width of the house, offering a serene retreat bathed in sunlight. The third unit is an exterior studio apartment above the garage, with a separate entrance and undergoing conversion to a legal ADU for added versatility (The square footage will increase with this conversion). The garage space below the Studio Apartment has been converted to a recording studio and can also be used as a bedroom to make this a full one bedroom apartment. Embrace the California lifestyle in your private, fully enclosed backyard oasis, featuring mature vegetation and two distinct living spaces ideal for relaxation or entertaining guests. Seize this unparalleled opportunity to own a piece of Larchmont's charm and sophistication. Contact us today to experience luxury living at its finest in this prime Hancock Park locale! Property is currently tenant occupied and two units can be delivered vacant. The studio unit with recording studio below will be delivered vacant and the tenant for the 2 bedroom can vacate with a 90 day notice.
  1. Listed by Cynthia Keyser • DRE #02002032 • Brokerage DRE #02018471 • Nest Seekers

Property Details for 444 North Lucerne Boulevard

Water Front
None
Zoning
LAR1
Style
Mediterranean
Parcel Number
5523020001
Total Units
3.0
Living Area
5560
Source Living Area
Plans
Area
Hancock Park-Wilshire

Location

Listing Courtesy of Nest Seekers, Cynthia Keyser, DRE #02002032
Add your commute
LISTING UPDATED: 04/05/2024 04:42 PM

Property Details for 444 North Lucerne Boulevard

StatusActive
MLS #24-357759
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.18 AC / 7,715 SF
CountyLos Angeles County

Location

Listing Courtesy of Nest Seekers, Cynthia Keyser, DRE #02002032
Add your commute

Building Information for 444 North Lucerne Boulevard

Stories2Residences-Year Built1921Building Size-Lot Size0.18 AC / 7,715 SF

Payment Calculator

$22,174 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,074

Property Taxes

$3,100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 444 North Lucerne Boulevard

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • View: Yes
  • View Description: Tree Top
  • Security Features: Gated, Smoke Detector
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: As Is, Subject To Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $201,600
  • Net Operating Income: $144,639.00
  • Gross Income: $0
  • Cap Rate: 4.10%
  • Gross Rent Multiplier: $17.33
  • Actual Annual Gross Rent: $160,416.00
  • Actual Gross Annual Income: $201,600
  • Total Annual Expense: 56961
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1771
  • Lot Size Square Feet: 7715
  • Lot Size Dimensions: 55x140
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced Yard, Automatic Gate
Parking Details
Parking Details
  • Parking Garage: Driveway Gate, Garage - 2 Car
  • Total Parking: 4
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Central, Forced Air
  • Heating Type: Central, Forced Air
  • Flooring: Wood, Tile
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Refrigerator, Washer
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Door Features: French Doors
  • Patio Features: Porch - Front, Porch - Rear, Deck(s)
  • Entry Location: Foyer
  • New Construction: No
  • Other Structural Features: Balcony, French Doors, Sprinkler System
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-27-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,800.00
  • Unit Actual Rent: $5,800.00
  • Unit Projected Rent: $6,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,368.00
  • Unit Actual Rent: $4,368.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Dishwasher: 2
  • Number of Disposal: 3
  • Number of Drapes: 3
  • Number of Gas Meters: 2
  • Number Patio: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Water Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $464,100.00
  • Assessed Improvement Percent: 15.19
  • Assessed Land Value: $2,590,800.00
  • Assessed Land Percent: 84.81
  • Assessed Total Value: $3,054,900.00

Property History for 444 North Lucerne Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 444 North Lucerne Boulevard

Taxable ValueLand$2,590,800Additions$464,100Total$3,054,900
Tax Record2023$37,196 ($3,100 / month)
Home Facts
Total Finished SqFt3,756 SqFtAbove Grade Finished SqFt3,756 SqFtLot Size7,713 SqFtStyleDuplexYear Built1921ZoningLAR1CountyLOS ANGELESAPN5523-020-001

Schools near 444 North Lucerne Boulevard

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
Charter - K to 5
Rating
School
Distance
Van Ness Avenue Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High 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.

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444 North Lucerne Boulevard is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on February 27, 2024 by Nest Seekers, it's currently listed at $3,495,000. It has been on the market for a total of 61 days and was last sold on December 17, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Ness Avenue Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 444 North Lucerne Boulevard is a 6-bed, 6-bath, 5,560 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nest Seekers, Cynthia Keyser, DRE #02002032

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.