Property Description
"Lucerne Tower " is a 5 unit Italianate architectural apartment building conveniently located in the tony "Mid City" Neighborhood. Site orientation faces southwest offering ocean views, located north of the 10 freeway and east of La Brea. The grandeur architecture can date back to the late 19th century in this case showcasing notable examples of ornamentation and original millwork. There are 4 one bedroom units and 1 Penthouse with 3 garages, a long driveway and a rooftop deck. The Penthouse delivered VACANT. Buyer can immediately realize a monthly rental of $3,500 with upside potential for that vacant unit. Within a burgeoning demographic, the building is centrally located in proximity to the metro line, trendy coffee shops, restaurants and world renowned museums in the greater Los Angeles environment.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$11,553
TurboHome Estimated Value
$1,482,600
$317 sqft
High Valuation
$1,556,730
$333/sqft
Normal Valuation
$1,482,600
$317/sqft
Low Valuation
$1,408,470
$301/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $317/sqft | $1,482,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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No comparable properties found in this area.
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