About 444 N Lucerne Blvd
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.
Features of 444 N Lucerne Blvd
| MLS® # | 24-357759 |
|---|---|
| Price | $3,495,000 |
| Units | 3 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Square Footage | 5,560 |
| Acres | 0.18 |
| Year Built | 1921 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Mediterranean |
| Status | Active |
Community Information
| Address | 444 N Lucerne Blvd |
|---|---|
| Area | Hancock Park-Wilshire |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90004 |
Amenities
| Features | Balcony, French Doors, Sprinkler System |
|---|---|
| Parking Spaces | 4 |
| # of Garages | 2 |
| Garages | Driveway Gate, Garage - 2 Car |
| View | Tree Top |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Wood, Tile |
|---|---|
| Heating | Central, Forced Air |
| Cooling | Air Conditioning |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Fenced Yard, Automatic Gate |
|---|
Additional Information
| Date Listed | February 27th, 2024 |
|---|---|
| Days on Market | 80 |
| Zoning | LAR1 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Cap Rate | 4.10 |
| Actual Annual Gross Rent | $160,416 |
| Actual Annual Gross Income | $201,600 |
| Gross Operating Income | $201,600 |
| Net Operating Income | $144,639 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 2.00 |
| Rent | $5,800 |
Unit 2 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $4,368 |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 2.00 |
Listing Details
| Agent | Cynthia Keyser (02002032) |
|---|---|
| Office | Nest Seekers |