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5076 Lemon Grove Avenue

Los Angeles (City), CA 90029
  • $1,770,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 23295175
Price Reduced
UPDATED: 49 min ago
$1,770,000
  • 9
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,876
    SQFT
  • $363
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Jennifer Eckert of Nourmand & Associates-Hw (323-462-6262) and John Kostrey of Nourmand & Associates-Hw(323-462-6262)


Description

Extraordinary English Tudor fourplex on a beautiful tree-lined street in the hip, eminently walkable Melrose Hill area. Pride of ownership abounds in this freshly painted and lovingly cared-for one-of-a-kind investment property. All four sun-drenched units boast original hardwood floors, ample closet space, and period details like decorative fireplaces and charming built-ins. Each unit has its own separate electric and gas meters, water heater, window AC/heat unit, refrigerator, and washer & dryer. Plentiful parking and immaculately manicured outdoor spaces are also terrific perks for the tenants. Owners' unit shall be delivered vacant and while the other three units already bring in very strong rents, there is still plenty of room for improvement. Tremendous upside potential with some interior cosmetic improvements/upgrades. Enjoy close proximity to Paramount Studios, Larchmont Village, Wilshire Country Club, Hollywood Forever, fabulous restaurants like Osteria La Buca, Antica Nuovo, DeSano Pizzeria. Easy access to the 101 and all that Hollywood has to offer. Do not miss this fantastic opportunity to pick up a great long-term 'bread and butter' property with excellent income in a neighborhood that only continues to become more and more desirable! Property to be sold "as is"

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/141985838
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5076 Lemon Grove Avenue Los Angeles (City), CA 90029

  • Price: $1,770,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 49 min ago
  • MLS #: 23295175
9
Beds
0
Baths
0
½ Baths
0.13
Acres
4,876
SQFT
$363
$/SQFT
1925
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Extraordinary English Tudor fourplex on a beautiful tree-lined street in the hip, eminently walkable Melrose Hill area. Pride of ownership abounds in this freshly painted and lovingly cared-for one-of-a-kind investment property. All four sun-drenched units boast original hardwood floors, ample closet space, and period details like decorative fireplaces and charming built-ins. Each unit has its own separate electric and gas meters, water heater, window AC/heat unit, refrigerator, and washer & dryer. Plentiful parking and immaculately manicured outdoor spaces are also terrific perks for the tenants. Owners' unit shall be delivered vacant and while the other three units already bring in very strong rents, there is still plenty of room for improvement. Tremendous upside potential with some interior cosmetic improvements/upgrades. Enjoy close proximity to Paramount Studios, Larchmont Village, Wilshire Country Club, Hollywood Forever, fabulous restaurants like Osteria La Buca, Antica Nuovo, DeSano Pizzeria. Easy access to the 101 and all that Hollywood has to offer. Do not miss this fantastic opportunity to pick up a great long-term 'bread and butter' property with excellent income in a neighborhood that only continues to become more and more desirable! Property to be sold "as is"
Exterior Features

Number Of Separate Electric Meters 4 Parking Features AssignedDrivewayGarage Parking Total 6

Interior Features

Appliances RefrigeratorDryerWasher Fireplace Features Decorative Fireplace YN Yes Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Garage YN Yes Gross Income 0 Insurance Expense 4213 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 150 Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Senior Community YN No Special Listing Conditions Standard Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T19:37:33.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jennifer Eckert of Nourmand & Associates-Hw (323-462-6262) and John Kostrey of Nourmand & Associates-Hw(323-462-6262)