871 Lucerne, a 1987 low-rise in Koreatown.
Set in Koreatown, 871 Lucerne is a 9-residence condominium building. It was built in 1987 and rises three stories. Amenities include controlled access.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 871 Lucerne.
Condos for sale & rent at 871 Lucerne
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 871 Lucerne
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Jul 2025 | 1 | 3 bd · 2 ba | 1,234 | $751,000 | $609 | $605/mo |
| Aug 2023 | 5 | 2 bd · 3 ba | 1,341 | $690,000 | $515 | $450/mo |
Closed sales at 871 Lucerne from MLS records.
Amenities & services
What to know before you buy at 871 Lucerne
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 871 Lucerne?
Our records show 9 residences at 871 Lucerne. Since March 18, 2026, a conventional loan in a building of 2 to 10 units may qualify for a project review waiver from Fannie Mae and Freddie Mac, as long as the building isn't flagged and its insurance meets the rules. At 9 units, it also can't be part of a master association for the waiver to apply.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
Which loan you use changes the rules. Conventional loans run to $1,249,125 in LA County in 2026, jumbo lenders above that apply their own condo rules, and non-QM loans typically mean more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 871 LucerneBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 871 Lucerne.
In the heart of Koreatown
871 Lucerne places you at the center of Koreatown, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.