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    2331 Lucerne Ave Los Angeles, CA 90016

    For Sale
    $1,799,999

    Lucerne Avenue property available for sale in Los Angeles.

    Lot size:
    0.13 Acres

    Property Features for 2331 Lucerne Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1924

    Source: Christie's International Real Estate SoCal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lucerne Avenue Property For Sale

    A property located on Lucerne Avenue in Los Angeles, California, is available for sale. The list price is $1,799,999.
    Insight Report Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.34232
    Latitude
    34.03634

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    FAQs

    What type of property is this?
    1031 exchange property - Lucerne Avenue property available for sale in Los Angeles.
    Where is this 1031 exchange property located?
    The property is located at 2331 Lucerne Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,799,999.
    What are key features of this property?
    This property features: - Year Built: 1924 showcasing historic charm
    (310) 275-7778
    Request Owner's contact information
    2331 Lucerne Ave Los Angeles, CA 90016
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    Los Angeles, CA 90016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2331 Lucerne Ave Los Angeles, CA 90016
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