For Sale Multi-Family MLS# 26995431

5076 Lemon Grove Avenue

Los Angeles, CA 90029

$1,650,000

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About 5076 Lemon Grove Avenue

Located in Melrose Hill, this distinctive 1920s English Tudor fourplex offers approximately 4,876 square feet across two separate duplex buildings on a corner lot. Rich in original character, the four spacious units feature nine-foot ceilings, crown molding, hardwood floors, period architectural details, decorative fireplaces and abundant natural light. Each unit has its own washer and dryer, refrigerator, wall air conditioning, water heater, and separate gas and electric meters. The property includes two one-car garages and additional off-street parking for up to six vehicles in total, along with landscaped outdoor areas framed by mature trees. Three units are tenant-occupied, generating $8,224 in current monthly rental income, while the fourth is owner-occupied. Conveniently located near Larchmont Village, Paramount Studios, Hollywood and Koreatown, with easy access to the 101 Freeway. An opportunity for investors or owner-users seeking a character-filled income property in Melrose Hill. Please do not disturb occupants.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1925
Stories
2
Living area
4,876 sqft
Price / sqft
$338
Lot
0.1271
Original price
$1,650,000
MLS #
26995431

Interior

Features
Crown Molding, High Ceilings, Den, Fireplace
Appliances
Oven, Range, Dryer, Washer
Flooring
Wood
Heating
Wall Furnace

Exterior & lot

Features
Tudor, Parking spaces: 6
Roof
Composition, Shingle
Lot
LAR1
Patio & porch
Deck, Open, Patio
Parking
Covered, Driveway, Uncovered
Garage spaces
2

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Other
Sewer
Other

Financial

Parcel
5535027006
Special conditions
Standard

Location

Area
C20 - Hollywood
County
Los Angeles
Neighborhood
East Hollywood
Directions
From Melrose Avenue, head north on Western Avenue. Turn east onto Lemon Grove Avenue. Property is located near the corner of Western and Lemon Grove in Melrose Hill.

Ask about this property

Questions on 5076 Lemon Grove Avenue, Los Angeles, CA 90029, or want to see it in person?

Listed by Natalie Novarro, Sotheby's International Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.