5076 Lemon Grove Ave, Los Angeles, CA 90029

$1,650,000
7
BD
4
BA
4,876
SqFt

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Courtesy of Sotheby's International Realty, Natalie Novarro - CA DRE#01928809

List Price
$1,650,000
MLS#
26995431
Year Built
1925
Bedrooms
7
Bathrooms
4
Living Sq. Ft
4,876
Lot Size
5,536
Days on Market
1
Property Type
Multifamily
Property Type
Multifamily
Style
Tudor
Stories
2

Property Description

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.

Additional Information

Lot Description
Fenced Yard, Single Lot
Other Buildings
None
Pool Description
None
Heat
Wall
Cooling
Wall Unit(s)
Number of Cars in Garage
Detached, Driveway, Uncovered, Covered Parking
Garage Spaces Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

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