$2,195,000
Los Angeles, CA 90016
1924
Year Built
Los Angeles
County
CommercialSale
Property Type
"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.
$11,683/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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