584 N Lucerne Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 4 bath
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584 N Lucerne Boulevard
Los Angeles, California 90004
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,033Sq Ft
7,006Lot Size
Property Price
LIST PRICE$2,395,000
EST. MARKET VALUE
$2,484,464
3% BelowMARKET VALUE
SUMMARY
This Turnkey Contemporary Residence is a Strong Value Opportunity, listed at $2,395,000—positioned well below the $2,484,464 Fair Market Value by 3%. This valuation gap offers $89,464 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property includes a Chef's Kitchen, a Permitted Guest House, and a Private Patio. Located near Top-Rated Schools like Third Street Elementary, this versatile layout is an ideal acquisition for Owner-Occupants or Sophisticated Investors seeking a high-end, move-in ready asset in Larchmont Village.
Estimated Market Value
$2,484,464+$89,464 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 584 N Lucerne Boulevard Subject | $2,395,000* List Price | 4 | 4 | 2,033 | $1,222 | - |
A 580 N Beachwood Drive Sold | $2,900,000 | 4 | 4 | 2,362 | $1,228 | 0.2 mi |
B 445 N Lucerne Boulevard Sold | $2,940,000 | 4 | 4 | 2,303 | $1,277 | 0.2 mi |
C 607 Lillian Way Sold | $2,600,000 | 3 | 3 | 2,208 | $1,178 | 0.2 mi |
D 238 N Gower Street Sold | $2,800,000 | 4 | 4 | 1,979 | $1,415 | 0.4 mi |
E 506 N Arden Boulevard Sold | $1,750,000 | 2 | 2 | 1,664 | $1,052 | 0.2 mi |
F 580 Lillian Way Sold | $1,816,000 | 3 | 2 | 1,506 | $1,206 | 0.2 mi |
G 616 Lillian Way Pending | $2,695,000 List Price | 3 | 4 | 2,026 | $1,330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1920, the property has undergone a comprehensive high-end modern renovation within the last 5 years. It features a chef's kitchen with top-of-the-line finishes, updated bathrooms with contemporary fixtures, a newer HVAC system, and a fully permitted detached guest house. The interior is in mint condition with open-concept living and modern systems throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Larchmont Location
Situated just two blocks from Larchmont Village, the property offers an ultra-walkable lifestyle in one of Los Angeles' most prestigious and vibrant neighborhoods.
- Versatile Multi-Structure Layout
The inclusion of a permitted detached guest house and a flexible garage studio provides exceptional utility for a home office, creative space, or multi-generational living.
- Modern Single-Level Living
Rare for the Hancock Park area, this home offers a contemporary, open-concept, single-level floor plan with high-end chef's kitchen and updated HVAC systems.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2033, other record living area = 1986.
- Market Value History
The current list price of $2.395M is notably lower than the 2022 sale price of $2.55M, which may raise questions regarding recent market performance or appraisal stability for the property.
- Lack of Scenic Views
The property is officially listed as having no views, which may be a disadvantage for buyers comparing it to other luxury offerings in the Los Angeles market.
About 584 N Lucerne Boulevard
Love Hancock Park for its central location, charming sidewalks, and vibrant Larchmont Village lifestyle but prefer modern architecture and single-level living? Opportunity knocks just two blocks from the heart of Larchmont Village.This unique property offers exceptional flexibility with three usable structures thoughtfully designed for today's lifestyle. The main residence is a light-filled contemporary retreat featuring an open-concept floor plan with three bedrooms and three bathrooms. An oversized chef's kitchen with top-of-the-line finishes opens seamlessly to the outdoors, where swaying native plants and mature landscaping evoke the serene spirit of Joshua Tree. Upgrades include newer HVAC system, custom window shades throughout and a water purification system.A detached permitted guest house includes a kitchen and bath to function beautifully as a private office, creative studio, or guest retreat. Completing the property is a one-car garage that can also serve as a gym, art studio, or additional storage space. There are two additional off street parking spaces.Ideally located just minutes from Hollywood, DTLA, LACMA, and The Grove, this rare offering combines architectural style and versatility in one of Los Angeles' most coveted neighborhood settings in Larchmont Village. A blank canvas waits for your next chapter!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 7,006 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Van Ness Avenue Elementary School
Grades K-5 • 0.5 mi
6/10
Third Street Elementary School
Grades K-5 • 0.9 mi
8/10
Hubert Howe Bancroft Middle School
Grades 6-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,033 | 1,664.159 |
| Lot Size | 7,006 | 6,066.556 |
| Price | $2.40M | $1.35M |
| Price per sq ft | $1.2K | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 79 | 55 |
Pricing History
Listed for Sale
Jun 22, 2026
$2,395,000
Initial Listing
Sold
Feb 28, 2022
$2,550,000
Public Record
Sold
Mar 22, 2021
$1,755,000
Public Record