See Home Value
$6,111,997*
House - Off Market

340 South LUCERNE

Los Angeles (City), CA 90020
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3769 Sqft
$3,690,000 - $4,510,000
Reference Base Price*
49.07%
Since Oct 1, 2018
CA-Los Angeles
Primary Model
Sold Oct 05, 2018
$3,982,500
$700,000 by First Republic Bank
Mortgage Due Aug 26, 2047
Sold Sep 26, 2003
$1,600,000
$1,000,000 by First Capital
Mortgage Due Oct 01, 2018

About This Property

Co-listed with Brenda Thayer KW Larchmont. Stunning 5 bedroom, 4.5 bath Mediterranean house in prime Windsor Square!   340 South Lucerne has a fabulous layout with  a center-hall floor plan,  grand living and dining rooms, chef's kitchen, family room, powder room, and bedroom with bath.  Upstairs has master suite replete with walk-in closets/bathroom, laundry room, and 3 other generous bedrooms and 2 baths.  Original details include exceptionally high ceilings, grand magnesite stairs with banister, French doors in family and living room lead to lovely park-like grounds, covered loggia, vegetable garden and bonus room off the garage.   340 South Lucerne is the perfect blend of old world charm, beautiful architecture and modern conveniences!

The manager has listed the unit size as 3769 square feet.
Unit Size
3,769Ft²
Days on Market
-
Land Size
14,420.00 acres
Price per sqft
$1,088
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

Price History

Date / Event Date Event Price
Sep 6, 2018 No longer available -
No longer available
Aug 13, 2018 Listed $4,100,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1942
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,420
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,790
  • Building Area: 3,790
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,790
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2136
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2136 LOT/SEC 59

Ownership

  • Current Owner : CORLETO ADAM
  • Current Owner 2: CORLETO MELISSA
  • Previous Owner : HARRIS JAMES M
  • Owner Before Previous Owner: GOCKE GREGORY H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211000

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 43-C1
  • Subdivision Tract Number: 2136
  • Parcel: 5505-025-011
  • Lot: 59
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0677
  • Longitude: -118.324

    Address

  • Full Address: 340 S Lucerne Blvd
  • Address - House Number: 340
  • Street Direction: S
  • Address - Street Name: Lucerne
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C007
  • 4-Digit Zip Code: 4747
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $50,306
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 4,188,315
  • High Value: 5,132,386
  • Low Value: 3,244,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $700,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 26, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,358,625
  • Assessed Land Value: $3,416,035
  • Assessed Improvements Value: $942,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2018
  • Current Sale Recording Date: Oct 05, 2018
  • Current Sale Transaction ID: 11511378835
  • Current Sale Price: $3,982,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-1017662
  • Previous Sale Recording Date: Sep 26, 2003
  • Previous Sale Contract Date: Sep 17, 2003
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 05, 2018
  • First Mortgage Loan Amount: $2,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CAPITAL
  • Previous Mortgage Transaction Date: Sep 26, 2003
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2018



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,273 ft²
$1,053/ft²
$4,500,000 Oct 21, 2021
-
-
House
4 Beds
5 Baths
3,399 ft²
$1,295/ft²
$4,400,000 Jan 20, 2023
-
-
House
3 Beds
3.5 Baths
2,702 ft²
$1,582/ft²
$4,275,000 Jan 19, 2023
-
-

About Central LA


Similar Homes for Sale

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Frequently Asked Questions

When was property at 340 South Lucerne Boulevard built and last sold?
The property at 340 South Lucerne Boulevard was built in 1920 and last sold on Sep 20, 2018 for $3,982,500.
How much is this home worth?
The estimated value of the home located at 340 South Lucerne Boulevard is $4,141,000.
What are some comparable homes to 340 South Lucerne Boulevard?
There are currently no comparable homes to 340 South Lucerne Boulevard.

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