2533 Lucerne Avenue

Los Angeles, CA 90016

$2,200,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $397 / sqft

1930

calendar_month Built

Property 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 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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Tile
Interior Information
Cooling Type None

Listing Information

Address 2533 Lucerne Avenue
City Los Angeles
State CA
Zip 90016
County Los Angeles
Listing Agent Kory Jackson DRE#01315324
Courtesy Of eXp Realty of California Inc
MLS 24361981
List Price $2,200,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 6,271
Year Built 1930
DOM 11

Exterior Information

Maps

Listing information courtesy of: Kory Jackson, eXp Realty of California Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 4th, 2024 at 5:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.