936 S Lucerne BLVD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $679
MLS Listing ID 25511719
Bedrooms 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Lot Size 6,011 Sqft
Property Description
MAJOR PRICE REDUCTION -SELLER MOTIVATED! Located in the desirable Windsor Village/Hancock Park neighborhood which is renowned for its rich history and architectural charm, making this prime location! ~This Spanish-Style Duplex on a beautiful Tree-Lined Street, offers a fantastic opportunity for owner-users and investors alike ~ Zoned R2-HPOZ ~The property features two side-by-side identical units, each with 1- bedrooms, 1-bath. However, both units feature an additional room one currently being used as a sleeping area and the other is currently used as a children's play area, providing extra flexibility for occupants. Additionally, each unit includes an extra bathroom, offering added convenience. Private security gated entry for each unit ~INTERIOR FEATURES: Updated kitchens, bathrooms, flooring, and newer windows ~Spacious kitchens with washer & dryer hookups in both units ~EXTERIOR FEATURES: Unit #936 has a private long/narrow side yard ~Unit #938 has access to a long shared driveway with ample parking ~Detached Storage room, offers potential use for an ADU conversation. INVESTMENT & OWNER-USER POTENTIAL: Both units are currently rented below market value, presenting an immediate rental upside income with rent adjustments to current market rates ~Value-add opportunity through renovations and rental adjustments for increased long-term returns ~Seller may offer a CLOSING COST CREDIT INCENTIVE to assist with non-recurring closing cost expenses, potentially reducing the buyer's upfront costs, as BUYER'S MAY BE MORE INCLINED TO PROCEED WITH A DEAL THAT OFFERS SOME FINANCIAL RELIEF! PRIME LOCATION: Walking distance to parks, restaurants, and centrally located to LA's finest. Property is being sold in its present "AS-IS" condition and to be delivered with the tenants in place. Buyer to verify all information, including permits and zoning. Information deemed reliable but not guaranteed. PLEASE NOTE: DRIVE-BY ONLY, please do not disturb tenants. To respect the privacy of current occupants, property viewings will be scheduled only after an offer has been accepted. All offers to include a viewing contingency to ensure buyer satisfaction. We appreciate your understanding.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Shared Driveway,Uncovered
View Y/N Yes
Total Parking Spaces 2
Building
Story 1
Entry Level One
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5090023007
Special Listing Condition Standard