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444 N Lucerne Blvd, Los Angeles, CA 90004
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444 N Lucerne Blvd Los Angeles, CA 90004

$3,495,000
  • 6 Beds
  • 6 Baths
  • 5,560 Sq.Ft.
For Sale
$3,495,000 Get Pre-Qualified
Map preview of 444 N Lucerne Blvd, Los Angeles, CA 90004

Property Overview: 444 N Lucerne Blvd Los Angeles, CA has 6 bedrooms, 6 bathrooms, 5,560 living square feet and 7,715 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to Luxury Living in Larchmont! Introducing a remarkable triplex nestled in the prestigious Hancock Park neighborhood, where elegance meets modern convenience. This stunning property boasts a meticulously crafted duplex featuring a lower unit with three bedrooms and two baths, complemented by an upper unit offering two bedrooms and two baths. Step into luxury as abundant natural light floods each unit, highlighting exquisite crown molding and beautiful original architectural details. Hardwood floors lead you through spacious living areas adorned with stainless steel appliances, granite countertops, and a center island perfect for culinary creations. The upper unit presents an expansive enclosed sunroom, stretching across the width of the house, offering a serene retreat bathed in sunlight. The third unit is an exterior studio apartment above the garage, with a separate entrance and undergoing conversion to a legal ADU for added versatility (The square footage will increase with this conversion). The garage space below the Studio Apartment has been converted to a recording studio and can also be used as a bedroom to make this a full one bedroom apartment. Embrace the California lifestyle in your private, fully enclosed backyard oasis, featuring mature vegetation and two distinct living spaces ideal for relaxation or entertaining guests. Seize this unparalleled opportunity to own a piece of Larchmont's charm and sophistication. Contact us today to experience luxury living at its finest in this prime Hancock Park locale! Property is currently tenant occupied and two units can be delivered vacant. THE STUDIO UNIT WITH RECORDING STUDIO BELOW WILL BE DELIVERED VACANT AND THE TENANT FOR THE 2 BEDROOM CAN VACATE WITH A 90 DAY NOTICE.

Listed by Cynthia Keyser | BRE #02002032 | Nest Seekers
Last checked: 5 minutes ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 60
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Home details

Lot Sq. Ft
7,715
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24357759
City
Los Angeles
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,368
  • Total Rent: $4,368
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,800
  • Total Rent: $5,800
  • Pro Forma/Market Rent: $6,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.1%
  • Gross Rent Multiplier: 17.33
  • Gross Scheduled Income: --
  • Net Operating Income: $144,639
  • Gross Operating Income: $201,600
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 444 N Lucerne Blvd

Interior Features
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community, Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Has View
  • Total # of Units: 3
  • Parcel Number: 5523020001
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block west of Larchmont - on the corner of Rosewood and Lucerne.
View more facts & features

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Sale History for 444 N Lucerne Blvd

Last leased for $5,800 on February 27th, 2022

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: 24357759

    $3,495,000

    Price

  • February, 2022

  • Feb 27, 2022

    Date

    Leased

    CRMLS: 22126885

    $5,800

    Price

  • Feb 10, 2022

    Date

    Active

    CRMLS: 22126885

    $6,200

    Price

  • Listing provided courtesy of CRMLS

    One block from all of the restaurants and shopping on the popular street of Larchmont. This lower downstairs unit features 3 large bedrooms, 2 full bathrooms, large open living space w/ decorative tile fireplace, formal dining room with adjacent office & Chef's eat-in kitchen w/ 6 burner stove, stainless-steel appliances, granite counters & center island. Private patio area with beautiful landscaping and fruit trees. One private gated parking. This is a beautiful unit and lives like a single family home! This is a beautiful unit and lives like a single family home! This is part of a triplex that was built In 1921, this stunning Mediterranean triplex includes a thoughtfully restored 2-story duplex and a renovated studio apartment! This listing offers the lower unit (3/2) @ $5800/month also available is a back studio that at $2600/month. Both are currently vacant so you can rent both units if desired - reach out for more details!

  • December, 2021

  • Dec 17, 2021

    Date

    Sold

    CRMLS: 21789602

    $2,995,000

    Price

  • Sep 30, 2021

    Date

    Active

    CRMLS: 21789602

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    Built In 1921, this stunning Mediterranean triplex includes a thoughtfully restored 2-story duplex and a renovated studio apartment with adjacent professional recording studio! Each of the original units offer gleaming wood floors, abundant natural light, crown moldings, ample storage, and a plethora of original architectural details. Downstairs unit highlights include: 3 large bedrooms, 2 full bathrooms, large open living space w/ decorative Batchelder tile fireplace, formal dining room with adjacent office & Chef's eat-in kitchen w/ 6 burner stove, stainless-steel appliances, granite counters & center island. Upstairs unit highlights include: 2 bedrooms, 2 bathrooms, large open living space w/ decorative Batchelder tile fireplace, enormous/enclosed sunroom spanning the width of the home, & sleek kitchen w/ black marble counters, open shelving, & stainless-steel appliances. The renovated studio apartment boasts a professional recording studio with separate entrance every musicians dream! Just when you think this property could not get any better, youll take note of the 2 separate, private and fully enclosed Zen patios with mature vegetation. Located in prime Hancock Park neighborhood - just around the corner from the Larchmont shopping district. Property is seller occupied and will be delivered vacant after short Seller lease-back term

  • November, 2003

  • Nov 10, 2003

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

  • December, 1996

  • Dec 13, 1996

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

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Tax History for 444 N Lucerne Blvd

Assessed Value (2020): $1,221,319
Year Land Value Improved Value Assessed Value
2020 $780,026 $441,293 $1,221,319

Home Value Compared to the Market

This property vs the competition

444 N Lucerne Blvd is listed 185.31% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $628.6 per/sqft which puts the price per square foot 18.79% lower than the median price per square foot for the city of Los Angeles.

About 444 N Lucerne Blvd

Detailed summary of property

444 N Lucerne Blvd is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 6 bedrooms, 6 bathrooms, roughly 5,560 living square feet, and sits on an approximately 7,715 square foot lot. 444 N Lucerne Blvd was first listed on ArdentRealEstateGroup.com on February 15, 2024. The homeowner is currently asking $3,495,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 185.31% higher than the median priced home. Local competing homes currently for sale include 116-118 S Mansfield Ave, 406 S St Andrews Pl and 5017 Institute Pl. While the average home in Los Angeles, CA is selling in 96 days, 444 N Lucerne Blvd has a days on market of 60 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 444 N Lucerne Blvd Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 444 N Lucerne Blvd

Public county record property details
Beds
6
Baths
4
Year built
1921
Sq. Ft.
3,756
Lot Size
7,712
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
55
APN
5523-020-001

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
64
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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