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$ 1,625,000
Est. payment | /mo
4,672 SqFt
$ 1,625,000
Est. payment | /mo
4,672 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,672 sqft
Price per Sqft $347
MLS Listing ID CL26636021
HOA Y/N No
Year Built 1924
Lot Size 5,675 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
BEST VALUE IN MID CITY! Welcome to Lucerne tower! A five unit, 1920's Italianate Arts & Crafts architectural multifamily apartment building with multiple live/ loft/ work accessory unit potential. Centrally located, within the urban vibrancy of Mid City Heights/West Adams district. Officially designated an "Urbanized, Transit Priority Area" (TPA), the property is strategically positioned in the most appealing centre of high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighbourhood is experiencing a rapid growth of multifamily development. Lucerne Tower sits within recently funded city infrastructure installations including (2) Metro lines to USC , LAX, Downtown, Westside Beaches, and walkability to the "Washington Corridor" & Artist District featuring trending coffee venue destinations and art galleries. All units have been master-crafted, millwork restored and adequately sized [potential reconfigure] with hi-cove ceilings, separate dining areas, sconced parlors and Batchelder fireplace mantles. Bathrooms feature wainscoted tile, pedestal sinks, and deep 1920s Kohler tubs in all units. All units retain individual laundry rooms with 125 amp electric service, copper plumbing with no expense spared on the structural assets. The property sits atop an apex of unobst
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Floor Furnace
Cooling None
Fireplace No
Exterior
Utilities Available Other Water/Sewer
Building
Sewer Other
Water Other
New Construction No
Others
Tax ID 5061024016
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Listed by Antony Arkel • Douglas Elliman
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Patrick Nagel
REALTOR® | Lic# 1760790