936 S Lucerne Boulevard, Los Angeles, CA 90019 - Berkshire Hathaway HomeServices California Properties

936 S Lucerne Boulevard, Los Angeles, CA 90019

$1,395,000 Approx. USD 4 beds, 4 baths
1,876 sqft

New Listing

Listing Agent


Linda Roth Burrell | rothhomes@aol.com
Lic#: 01080274
Broker: Courtesy of Keller Williams Larchmont

Agent Remarks

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 2 bedrooms, 1.75 baths, and private security gated entry for each unit ~INTERIOR FEATURES: Upgraded kitchens, bathrooms, flooring, and some windows, plumbing and electrical ~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 two-car garage, previously used as a studio rental, offers potential for ADU conversation. INVESTMENT & OWNER-USER POTENTIAL: Both units are currently rented well below market value, presenting an immediate upside of potentially $2,000 + per month of 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 everything LA has to offer. Property is being sold in its present "AS-IS" condition and to be delivered with 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25511719
Price: $1,395,000
Beds: 4
Baths: 4
Built in 1922
1,876 sqft
1 story
0.14 acres
Lot size: 0.1380
County: Los Angeles
Property style: Spanish
Zoning: LAR2
Parking description: Door-Multi,Garage
Heating/cooling: None
Heating description: None
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 3/14/2025

 Days On Market (DOM): 5

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

The style of this listing is Spanish.
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Lat/Long: 34.056659, -118.326833.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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