• Asking Price $2,200,000
  • Estimated Value: $2,193,015

  • 2533 LUCERNE AVE LOS ANGELES, CA 90016

  • 12 Beds 6 Baths 5,530 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 2533 LUCERNE AVE, LOS ANGELES, CA 90016

Features

  • Price/sqft: $397
  • Total Units: 4
  • Total Rooms: 12
  • Room List: 12 Bedrooms
  • Parking: 8.0
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1930
  • Property ID: 861028992
  • MLS Number: 24-361981
  • Parcel Number: 5057-003-024
  • Property Type: Multi-family (5 or more units)
  • County: Los Angeles
  • Exterior Features: Stucco
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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!

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Property Brokerage: eXp Realty 2603 Camino Ramon San Ramon CA 95501
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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