5076 Lemon Grove Avenue, Los Angeles, CA 90029

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

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List Price
$1,650,000
Status
ACTIVE
MLS#
26995431
Year Built
1925
Bedrooms
7
Bathrooms
4
Living Sq. Ft
4,876
Lot Size
5,536
Acres
0.13
Days on Market
1
Property Type
Multifamily
Style
Tudor
Stories
Multi Level

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

Appliances
Oven, Range, Dryer, Washer
Pool Description
None
Fireplace Description
Den
Heat
Wall Furnace
Patio
Deck, Open, Patio
Roof
Composition, Shingle
Garage Spaces Total
2
Sewer
Other
Interior Features
Crown Molding, High Ceilings
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Natalie Novarro (natalie.novarro@sothebyshomes.com) from Listing Office: Sotheby's International Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.