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1027 S Lucerne Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 5 bath

1027 S Lucerne Boulevard, Los Angeles, California 90019 home-pic-0
ACTIVE$2,150,000
1027 S Lucerne Boulevard, Los Angeles, California 90019
5Beds
5Baths
3,008Sqft
6,600Lot
Year Built
1930
Close
-
List price
$2.15M
Original List price
$2.29M
Price/Sqft
$715
HOA
-
Days on market
-
Sold On
-
MLS number
GD25036507
Home ConditionExcellent
Features
Good View: City Lights, Courtyard, Hills, Neighborhood
Patio
ViewCity Lights,Courtyard,Hills,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.15M(92th), sqft - 3008(92th), beds - 5(91th), baths - 5(94th).

Nestled in the Historical pocket of Windsor Hills | Block from Harold A. Henry Park | Built 1930 | Spanish Modern Revival | Single-story residence offers 5 Beds, 5 Baths, and 3,008 sq. ft. of beautifully updated living space | Features & Upgrades include | Open Floor Plan | Brand-New Custom Gourmet Kitchen | High-end finishes & new stainless-steel appliances | New Custom Bathrooms | Elegantly designed with premium fixtures | Refinished Hardwood Floors | Restored to their original beauty | Recessed Lighting & Custom Light Fixtures Throughout | Sophisticated ambiance in every room | New Windows, Electrical, Electrical Panel & Plumbing | Fully upgraded for modern convenience | New HVAC System with Designer Vents | Dry-walled Attic & Basement (Over 300 Sq. Ft/ Additional Space) | Custom Built-In Wine Rack | A stylish feature for wine lovers | Detached Storage Room/Casita (5th Room Option) Ideal for guests, office, or creative space | Custom Iron Gates & Railings | Elegant craftsmanship | New Exterior Stucco & Professional Landscaping | Enhanced curb appeal with automatic sprinkler/drip system and Lighting | Prime Location! | Must See!

Price History

Date
Event
Price
02/23/23
Sold
$1,125,000
Condition Rating
Excellent
Despite being built in 1930, this property has undergone extensive and recent renovations, as evidenced by the 'Brand-New Custom Gourmet Kitchen' with high-end finishes and new stainless-steel appliances, 'New Custom Bathrooms' with premium fixtures, refinished hardwood floors, new windows, and completely upgraded electrical, plumbing, and HVAC systems. All major components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Modern Upgrades: The property boasts comprehensive recent renovations including a brand-new custom gourmet kitchen, new custom bathrooms, refinished hardwood floors, new windows, electrical, plumbing, and a new HVAC system, significantly reducing immediate buyer expenses and enhancing modern living.
Versatile Additional Space: The inclusion of a detached storage room/casita (offering a 5th room option) and a dry-walled attic and basement (over 300 sq. ft. additional space) provides exceptional flexibility for guests, a home office, creative studio, or extra storage.
Prime Location & Historical Charm: Nestled in the historical Windsor Hills pocket, a block from Harold A. Henry Park, this Spanish Modern Revival home offers desirable architectural character in a highly sought-after Los Angeles neighborhood.
High Bed/Bath Ratio: With 5 bedrooms and 5 bathrooms, the property offers a generous and well-appointed living space, ideal for larger families or those requiring ample private accommodations.
Enhanced Curb Appeal & Ambiance: New exterior stucco, professional landscaping with an automatic sprinkler/drip system, custom iron gates and railings, along with recessed lighting and custom light fixtures throughout, contribute to a sophisticated and welcoming aesthetic.

Cons

Significant Price Increase / Valuation Discrepancy: The current list price of $2.15M represents a substantial increase from its last sale at $1.125M in February 2023, and is notably higher than the property's estimated value of $1.55M, potentially indicating an aggressive pricing strategy or overvaluation.
Lot Size for Price Point: While 6,600 sq. ft. is a decent lot size, for a property listed at over $2 million in this area, some buyers may expect a larger outdoor space, especially given the single-story residence.
Lack of Dedicated Garage: The description mentions a 'Detached Storage Room/Casita' but does not explicitly state the presence of a dedicated garage for parking, which could be a drawback for buyers prioritizing secure, off-street vehicle storage in Los Angeles.

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