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For sale
  • $1,625,000

    2331 Lucerne Ave, Los Angeles, CA 90016

    5beds
    5baths
    4,672sqft
    : 
    $10,873/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Batchelder fireplace mantlesHi-cove ceilingsSconced parlorsSeparate dining areasRear loft apartmentBathrooms feature wainscoted tilePedestal sinks
    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.
    207 days
    |
    95
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Antony Arkel DRE # 01316547 310-275-7778,

    Douglas Elliman 310-595-3888

    Source: CLAW,MLS#: 26636021MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      Heating
      • Floor Furnace
      Cooling
      • None
      Features
      • Built-Ins
      Interior area
      • Total structure area: 4,672
      • Total interior livable area: 4,672 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Covered, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      Lot
      • Size: 5,675 Square Feet
      • Dimensions: 60 x 94
      Details
      • Additional structures: Accessory Bldgs
      • Parcel number: 5061024016
      • Zoning: LARD2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1924

      Utilities & green energy

      • Sewer: In Street
      • Water: In Street

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $348/sqft
      • Tax assessed value: $474,190
      • Annual tax amount: $6,690
      • Date on market: 1/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,136/mo

        Price history

        DateEventPrice
        1/15/2026Listed for sale$1,625,000-9.7%$348/sqft
        Source: CLAW #26636021 Report a problem
        12/16/2025Listing removed$1,799,999$385/sqft
        Source: CLAW #25576183 Report a problem
        9/2/2025Price change$1,799,999-18%$385/sqft
        Source: CLAW #25576183 Report a problem
        8/12/2025Listed for sale$2,195,000+583.8%$470/sqft
        Source: CLAW #25576183 Report a problem
        6/21/2002Sold$321,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,690 +1.9%$474,190 +2%
        2024$6,568 +1.7%$464,893 +2%
        2023$6,461 +3.4%$455,778 +2%
        2022$6,248 +2.4%$446,842 +2%
        2021$6,100 -0.8%$438,081 +1%
        2020$6,150 $433,590 +2%
        2019$6,150 +5.3%$425,089 +2%
        2018$5,838 $416,755 +2%
        2017$5,838 +1.8%$408,585 +2%
        2016$5,734 +4%$400,574 +1.5%
        2015$5,513 +0.4%$394,558 +2%
        2014$5,493 $386,830 +4.5%
        2011-- $370,132 +0.8%
        2010-- $367,367 +5.9%
        2006-- $347,005
        2005-- $347,005 +4%
        2004-- $333,532 +1.9%
        2003-- $327,420 +23.4%
        2002-- $265,237 +4%
        2000-- $254,939
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid City

        Getting around

        74 / 100
        Very Walkable
        55 / 100
        Good Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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