936 S Lucerne Boulevard, Los Angeles, CA 90019

  • $1,275,000
  • $1,395,000
936 S Lucerne Boulevard, Los Angeles, CA 90019
Active Updated/Remodeled
936 S Lucerne Boulevard, Los Angeles, CA 90019
936 S Lucerne Boulevard, Los Angeles, CA 90019
  • $1,275,000
  • $1,395,000

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.

  • Address 936 S Lucerne Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Country US

Details

Updated on April 3, 2025 at 3:26 am
  • Property ID: 25511719
  • Price: $1,275,000
  • Property Size: 1876
  • Land Area: 0.138 Acres
  • Bedrooms: 2
  • Bathrooms: 2
  • Garage Size: x x
  • Year Built: 1922
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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