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ActiveOpen house: Sun, Aug 6 · 2-4 PM

Buy a propertyat 5034 Lemon Grove Avenue, Los Angeles, CA 90029

$888,000

$0/mo

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Multifamily

1,658 Sq. Ft.

4,840 Sq. Ft. lot

2 Bedrooms

0 Bathrooms

290 Days on market

23290415 MLS ID

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About 5034 Lemon Grove Avenue property

We are pleased to present a unique investment opportunity to acquire 5034 Lemon Grove Avenue, a charming duplex nestled within Melrose Hill HPOZ, a renowned enclave of Los Angeles, California. Celebrated as the bungalow capital of the world, this locale beautifully captures the essence of the city's heritage.The property, a duo of 1920s bungalow-style units, each exudes its own character and charm. Both units offer the luxury of private entrances, personal patios, and ample living spaces. Additionally, the property benefits from a standalone garage structure and a lengthy driveway, enhancing its value.Located in close proximity to trendy Larchmont Village, the iconic Griffith Park, the Hollywood sign, Paramount Studios, Downtown LA, Koreatown, West Los Angeles, and major freeways, this property offers convenient access to the city's most famous landmarks and districts.
We are pleased to present a unique investment opportunity to acquire 5034 Lemon Grove Avenue, a charming duplex nestled within Melrose Hill HPOZ, a renowned enclave of Los Angeles, California. Celebrated as the bungalow capital of the world, this locale beautifully captures the essence of the city's heritage.The property, a duo of 1920s bungalow-style units, each exudes its own character and charm. Both units offer the luxury of private entrances, personal patios, and ample living spaces. Additionally, the property benefits from a standalone garage structure and a lengthy driveway, enhancing its value.Located in close proximity to trendy Larchmont Village, the iconic Griffith Park, the Hollywood sign, Paramount Studios, Downtown LA, Koreatown, West Los Angeles, and major freeways, this property offers convenient access to the city's most famous landmarks and districts.

Open houses

Sun, Aug 6, 2:00 PM - 4:00 PM

Sun, Aug 13, 2:00 PM - 4:00 PM

Property details

Bathrooms

2 total bathrooms

Bedrooms

2 total bedrooms

Building

1 total stories

Built in 1921

Stories: 1

1,658 sqft living area

1658 total building sqft

Bungalow

Stucco

One

Enclosed

Cooling

Wall/Window Unit(s)

Disclosures

Rent Control

Fireplaces

Living Room

Floors

Carpet

Laminate

Garage

1 garage space

Heating

Floor Furnace

Wall Furnace

Income

Gross Income: 0

Net Operating Income: 0

Interior Features

Utility Room

Listing

Listing ID: 23290415

20 days on market

Listed on 2023-07-15

Rent controlled

Location

County: Los Angeles

Lot

4840 sqft

0.1111 acres

Area: 4840

Front Yard

Parking

2 open parking spaces

3 total parking spaces

Concrete

Door-Single

Garage

Possession

Close Of Escrow

Property

Single building

2 units

Repairs Cosmetic

City Lights

Landmark

Mountain(s)

Trees/Woods

Tenant Pays

Cable TV

Electricity

Gas

Utilities

2 separate electric meters

2 separate gas meters

Windows

French/Mullioned

Garden Window(s)

Monthly cost

Estimated monthly cost

$5,659/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$834,720

+$26,640

$861,360

Seller agent commission$26,640 (3%)*

$0 (0%)

Buyer agent commission$26,640 (3%)*

$26,640 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $26,640 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 1, 2024 at 6:18 p.m.

Data updated: Aug 5, 2023 at 5:05 a.m.

Property listed by Rodeo Realty, Amber Martinez
Based on information from California Regional Multiple Listing Service, Inc. as of 08/05/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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