Los Angeles, CA 90019 936 S Lucerne Boulevard

936 S Lucerne Boulevard Los Angeles, CA - Image 1936 S Lucerne Boulevard Los Angeles, CA - Image 2936 S Lucerne Boulevard Los Angeles, CA - Image 3
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Presented By: Linda Roth Burrell with Keller Williams Larchmont;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25511719
  • 03/14/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 2
  • SQFT • 1,876

Home Details

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.
Presented By: Linda Roth Burrell with Keller Williams Larchmont;

Interior Features for 936 S Lucerne Boulevard

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories1

General for 936 S Lucerne Boulevard

Additional Parcels Y/NNo
Architectural StyleSpanish
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsNorth of Olympic/Lucerne
DisclosuresHistorical
Electric On Property Y/NNo
Entry LocationLiving Room
Full Baths
Garage Y/NNo
Gross Income59704.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6013.0
Lot Size UnitsSquareFeet
MLS AreaC18 - Hancock Park-Wilshire
MobileHomeRemainsYNNo
Net Operating Income28475.0
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2.0
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysCableTv, Electricity, Gas
Year Built1922
ZoningLAR2

Exterior for 936 S Lucerne Boulevard

Building Area Total1876.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.138
Lot Size Area6013.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesSharedDriveway, Uncovered
Private PoolNo
SpaNo
Total Parking2.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,200,000
MLS#25511719
List Date 03/14/2025
Property Type Multi-Family
Phone 714.742.6515
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