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Sold for $765,000
  • Listed by: RE/MAX TOP PRODUCERS • Xristos Korolis • Contact: 909-590-8853
    Bought with: Redfin Corporation
    $765,000

    2500 Lucerne Ave, Los Angeles, CA 90016

    2beds
    2baths
    1,656sqft
    Duplex
    Built in 1924
    -- sqft lot
    $1,007,200 Zestimate®
    $462/sqft
    $2,595 Estimated rent

    Home value

    $1,007,200

    $896,000 - $1.14M

    $2,595/mo

    Zestimate® history
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    What's special

    Recessed lightingMid cityNear culver cityDinning areaFire placeGranite counter topsLaminate flooring
    Great Investment Opportunity, live in one unit and rent the other. Are you ready to own in a centrally located area that is Up and Coming with the desired Location near Culver City, Mid City, Downtown Los Angeles, Korea Town, and other thriving neighborhoods. *This Duplex features two units, both 1 bedroom, 1 bathroom. Walking in, You are greeted by living area with fire place and beautiful built in cabinets, followed by a dinning area with a built in hutch, plenty of natural light provided by the updated windows. The Kitchen features upgraded cabinets with granite counter tops, stainless steel appliances, and recessed lighting. Full bathroom with vanity and medicine cabinet. In-unit laundry room, Laminate flooring is carried throughout the unit. The bedroom with closet and built-in cabinet & drawers, and additional hall closet gives great storage solutions. Going into the back you have a nice area to hang out. Each unit with their own storage garage. Newer roof (approx. 6yrs old). The units have the same layouts, just reversed. One unit has had all the interior upgrades mentioned(2500). The other unit (2502)not, but still in great condition! Tenants pay all utilities. The location is phenomenal...close to public transportation, shopping, schools, restaurants, boutiques, and much more. This is truly a MID-CITY gem! Property to be sold with tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Xristos Korolis DRE #01980812 626-825-5190,

    RE/MAX TOP PRODUCERS

    Bought with:

    Abigail Esquibel, DRE #02062594

    Redfin Corporation

    Source: CRMLS,MLS#: CV23219870MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Appliances
    • Laundry: Washer Hookup, Inside, Laundry Room
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,656
    • Total interior livable area: 1,656 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 4,188 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5057004020
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $462/sqft
    • Tax assessed value: $780,300
    • Annual tax amount: $9,591
    • Date on market: 12/1/2023
    • Cumulative days on market: 145 days
    • Listing terms: Cash,Conventional,FHA,Submit
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    5/17/2024Sold$765,000-4.3%$462/sqft
    Source: CRMLS #CV23219870 Report a problem
    5/13/2024Pending sale$799,000$482/sqft
    Source: CRMLS #CV23219870 Report a problem
    4/26/2024Contingent$799,000$482/sqft
    Source: CRMLS #CV23219870 Report a problem
    3/28/2024Price change$799,000-3.2%$482/sqft
    Source: CRMLS #CV23219870 Report a problem
    2/21/2024Price change$825,000-2.8%$498/sqft
    Source: CRMLS #CV23219870 Report a problem
    12/2/2023Listed for sale$849,000+7.5%$513/sqft
    Source: CRMLS #CV23219870 Report a problem
    12/31/2020Listing removed--
    Source: Owner Report a problem
    11/15/2020Listed for rent$1,850+12.1%$1/sqft
    Source: Owner Report a problem
    10/28/2020Listing removed$789,888$477/sqft
    Source: RE/MAX TOP PRODUCERS #CV20158832 Report a problem
    8/8/2020Listed for sale$789,888+105.2%$477/sqft
    Source: RE/MAX TOP PRODUCERS #CV20158832 Report a problem
    3/13/2017Listing removed$1,650$1/sqft
    Source: Owner Report a problem
    3/3/2017Listed for rent$1,650$1/sqft
    Source: Owner Report a problem
    2/26/2015Sold$385,000$232/sqft
    Source: CLAW #14814403 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,591 +66.3%$780,300 +72%
    2024$5,766 +1.8%$453,628 +2%
    2023$5,661 +4.7%$444,735 +2%
    2022$5,408 +1.4%$436,016 +2%
    2021$5,334 -1%$427,468 +1%
    2020$5,386 $423,086 +2%
    2019$5,386 +6.1%$414,792 +2%
    2018$5,076 $406,660 +2%
    2017$5,076 +2.2%$398,687 +2%
    2016$4,969 +2.5%$390,870 +1130.2%
    2015$4,847 +728.7%$31,772 +2%
    2014$585 $31,150 +2.5%
    2012-- $30,403 +2%
    2011-- $29,808 +0.7%
    2010-- $29,587 -0.2%
    2009-- $29,658 +2%
    2008-- $29,078 +2%
    2007-- $28,509 +2%
    2006-- $27,951
    2005-- $27,951 +4%
    2004-- $26,867 +1.9%
    2003-- $26,376 +2%
    2002-- $25,859 +4%
    2000-- $24,856
    Find assessor info on the county website

    Neighborhood: West Adams

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,007,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,007,200