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Image 1 - 2549 Lucerne Avenue, Los Angeles, CA 90016, USA - House for sale

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Home For Sale In Los Angeles, California

2549 Lucerne Avenue, Los Angeles, CA 90016, USA

Home For Sale In Los Angeles, California

house for sale

5 views

Listed: 03/11/24

2549 Lucerne Avenue, Los Angeles, CA 90016, USA

12 Bed:

6 Bath:

5,530 Sq Ft Living Area:

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Price

$ 2,2M

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About This House

Very rare, West Adams 4-unit apartment building. Property near Culver City, The Cumulus District, the Hayden Tract, and The Habitat ( and West Adams) is one of the hottest and up-and-coming neighborhoods in Los Angeles. There is an opportunity for an owner to live in one of the units while renting out the others for instant income or add it to your long-term portfolio for potential future development. Gross Scheduled Income (GSI) $92, 160; Expenses$28, 860; Net Operating Income (NOI) $63, 300; GRM 23.87; Cap Rate 4.19%. All units are Individually water, gas, and electric meters. Low maintenance costs with fully tile flooring. Unit mix : 3 bd/2ba, 3bd/1ba, 3bed/1ba and 3 bd/2ba. Easy access to Mar Vista, Venice, Playa Vista, LAX, DTLAand the Expo Line . bring your best offer !

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West Adams Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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