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.
AGENT: Antony Arkel LISTING BROKERAGE: Douglas Elliman
Courtesy of Douglas Elliman. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2331 Lucerne AV
Los Angeles, CA
Property Details
Price:
$1,625,000
MLS #:
26636021
Status:
Active
Beds:
5
Baths:
5
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Jan 15, 2026
Finished Sq Ft:
4,672
Total Sq Ft:
4,672
Lot Size:
5,675 sqft / 0.13 acres (approx)
Year Built:
1924
C16 – Mid Los AngelesC16midlosangeles
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Schools
Interior
Cooling
NO
Heating
FF
Levels
S
Exterior
Parking Spots
5
Parking Total
5
Financial
Gross Operating Income
$84,012
Net Operating Income
$67,210
Map
Community
- Address2331 Lucerne AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
