Hi Matt, and welcome to the forum.
As I'm sure you know, the police Eagle/L marked Lugers are more rare than military guns.
Unfortunately it looks like the upper receiver was possibly replaced and renumbered as part of the rework / refinishing process your gun went through. The dies used on my late Mauser luger receiver serial numbers have a difference appearance than the ones on your receiver. Also, they would have the same smooth edges as the rest of the area if they were original. The "y" is something I've never seen before there.
The magazine was renumbered as well. The die typeface is not what Mauser used.
So... if you purchased it as a mismatched and refinished Luger, it's fine. If you wanted a collectible gun that is not what this is, as Don mentioned above.
Shooter grade Lugers (which this is) usually sell for between $850 and $1100 these days. I'm not sure I'd value it higher because of the E/L proof or Mauser commercial toggle. The good news is that you can feel free to shoot it without risking financial loss by breaking a matching part. There is no reason to replace the grips, which look like they are in good condition, even with the small chip up by the safety lever (aka the "Million Dollar Chip" because it happens often enough).
BTW, the holster in your first pictures looks like it might be a post war P.38 drop holster.
Marc
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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