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$ 1,200,000
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Price Dropped by $75K
936 S Lucerne BLVD Los Angeles, CA 90019
2 Beds
2 Baths
1,876 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $639
MLS Listing ID 25511719
Bedrooms 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Lot Size 6,011 Sqft
Property Description
SELLER IS FIRM ON PRICE: 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 3/4 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 (laundry room) 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 park, 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. NOTE: THE TENANTS ARE SOMEWHAT FLEXIBLE AND WILL ALLOW OCCASIONAL SHOWINGS TO PROSPECTIVE BUYERS. PLEASE CONTACT THE LISTING AGENT DIRECTLY FOR MORE INFORMATION AND TO COORDINATE ACCESS, TO BE ACCOMPANIED BY THE LISTING AGENT. 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
Listed by Linda Roth Burrell Keller Williams Larchmont