Check Availability
$720,000 - $878,000
Multifamily - In Contract

2500 Lucerne Avenue

Los Angeles, CA 90016
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1656 Sqft

About This Property

Great Investment Opportunity, live in one unit and rent the other.  Are you ready to own in a centrally located area that is Up and Coming with the desired Location near Culver City, Mid City, Downtown Los Angeles, Korea Town, and other thriving neighborhoods. *This Duplex features two units, both 1 bedroom, 1 bathroom. Walking in, You are greeted by living area with fire place and beautiful built in cabinets, followed by a dinning area with a built in hutch, plenty of natural light provided by the updated windows. The Kitchen features upgraded cabinets with granite counter tops, stainless steel appliances, and recessed lighting. Full bathroom with vanity and medicine cabinet. In-unit laundry room, Laminate flooring is carried throughout the unit. The bedroom with closet and built-in cabinet & drawers, and additional hall closet gives great storage solutions. Going into the back you have a nice area to hang out. Each unit with their own storage garage. Newer roof (approx. 6yrs old). The units have the same layouts, just reversed. One unit has had all the interior upgrades mentioned(2500). The other unit (2502)not, but still in great condition! Tenants pay all utilities. The location is phenomenal...close to public transportation, shopping, schools, restaurants, boutiques, and much more. This is truly a MID-CITY gem!

The manager has listed the unit size as 1656 square feet.
Unit Size
1,656Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$482
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1924
Listed By

Price History

Date / Event Date Event Price
Apr 27, 2024 In contract -
In contract
Mar 29, 2024 Price Decreased $799,000
↓ $26K (3.2%)
Price Decreased
Feb 23, 2024 Price Decreased $825,000
↓ $24K (2.8%)
Price Decreased
Dec 1, 2023 Listed $849,000
Listed

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,040 ft²
$864/ft²
$899,000 Feb 26, 2024
-
-
House
3 Beds
1 Bath
1,632 ft²
$582/ft²
$950,000 Jun 25, 2023
-
-
House
3 Beds
1.5 Baths
1,198 ft²
$659/ft²
$789,000 Aug 30, 2023
-
-
Multifamily
4 Beds
2 Baths
2,420 ft²
$384/ft²
$930,000 Apr 1, 2024
-
-
Commercial
Loft
-
4,000 ft²
$187/ft²
$749,000 Mar 13, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200806
08/06/2020
Studio
-
-
$789,888
bedrooms
Studio
bathrooms
-
-
01/25/2021
XRISTOS KOROLIS

Building Info

2500 Lucerne Avenue 2500 Lucerne Avenue, Los Angeles, CA 90016
  • 1 Unit for Sale
More about this Building
2500 Lucerne Avenue
Want to find out who owns 2500 Lucerne Avenue, Los Angeles, CA 90016? Get detailed property transactions here .

About South LA


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