Millman Team Real Estate

$1,625,000
5 Bed
5 Bath
4,672 Sqft
0.13 Acre Lot

2331 Lucerne Avenue, Los Angeles, California 90016

  • Residential Income Property Type
  • 4,672 Sqft Square Footage
  • Driveway Cars Garage
  • 1924 Year Built
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 unobstructed, Los Angeles citywide views. Here you will find the “hero tower” unit with a separate 12’x12′ creative space, 360′ panoramic rooftop views and balconies perched over the Mediterranean landscape’s 25 ft palm trees. The rear loft apartment sits stand alone over (4) additional artist shops or studio workplaces adding a unique flex-space potential [buyer to verify with city]. The property can be versatile for an owner-user/creative that wants to have onsite work -loft studio space or any professional/investor.

Basic Details
Residential Income
For Sale
26636021
$1,625,000
5
5
4,672 Sqft
1924
0.13 Acre
Active
Features
: Floor Furnace
: None
: Driveway, Covered
: Other
$0
Address Map
CA
Los Angeles
Los Angeles
90016
Lucerne
2331
Avenue
W119° 39' 27.4''
N34° 2' 10.8''
East of La Brea Ave and South of Washington Blvd.
C16 - Mid Los Angeles
LARD2
Additional Information
$0
$0
$0
$0
$0
4672
: Multi/Split
60x94
5
2026-01-15
Broker/Agent Information
Douglas Elliman
Antony Arkel
Listing Information
CLW-C103151
CLW-X80715
Active
2026-02-18T17:58:31Z
CRMLS
: Standard
2026-01-15T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us