2331 Lucerne Avenue, Los Angeles, CA 90016

Multi-Family · For sale · $1,625,000 · MLS# 26636021

Multi-Family for sale in Southern California — $1,625,000. 5 beds · 5 baths · 4,672 sqft. 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,…

2331 Lucerne Avenue
For sale

$1,625,000

2331 Lucerne Avenue, Los Angeles, CA 90016

5beds
5baths
4,672sqft
Multi-FamilyProperty type
1924Year built
5,675 sqft lotLot size
4,672 sqftLiving area
$348/sqftPrice / sqft
HOA
5 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Heating

  • Heating: Floor Furnace

Cooling

  • Cooling: None

Interior area

  • Living area: 4,672 sqft

Property

Parking

  • Total parking spaces: 5

Lot

  • Lot size: 5,675 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1924

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 185 days
  • Price / sqft: $348
  • Status: Active
  • MLS#: 26636021

Location

  • City: Los Angeles
  • ZIP: 90016

About this home

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.

Listing updated: February 18, 2026 at 9:58 AM

Listed by: Antony Arkel, Douglas Elliman

Source: CRMLS, MLS#: 26636021, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Heating

  • Heating: Floor Furnace

Cooling

  • Cooling: None

Interior area

  • Living area: 4,672 sqft

Property

Parking

  • Total parking spaces: 5

Lot

  • Lot size: 5,675 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1924

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 185 days
  • Price / sqft: $348
  • Status: Active
  • MLS#: 26636021

Location

  • City: Los Angeles
  • ZIP: 90016

Price history

DateEventPrice
1/15/2026Source: CRMLS, #26636021Listed for sale$1,625,000$348/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-18 09:58:31 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information