For sale

Price cut: $65K (12/17)

$1,695,000

5076 Lemon Grove Ave, Los Angeles, CA 90029

--beds

0baths

4,876sqft

Est.:

Multi Family

Built in 1925

-- sqft lot

$1,646,500 Zestimate^®

$348/sqft

$-- HOA

What's special

Mature crepe myrtle treesCorner lotHardwood floorsStove and refrigeratorHedged outdoor patio

Fashionable "Melrose Hill" located adjacent to Hancock Park and Larchmont Village in the heart of Hollywood. Opportunity knocks for a 1031 investor or owner/user. Convenient to fashionable art galleries and restaurants such as Bar Etoile, Etra, Caf Telegrama, Le Coupe and LA Grocery & Cafe. Lovingly maintained English Tudor 4-plex comprised of 2 separate buildings on the corner lot behind mature crepe myrtle trees. Each unit is spacious & bright with hardwood floors, wall air conditioning, washer/dryer, stove and refrigerator. There is a hedged outdoor patio to enjoy. Unit #4 is owner occupied. This sweet neighborhood is also near the 101 freeway, Paramount Studios & the $450MM, 5-acre Echelon Studios project in former Sears space on Santa Monica & Gower. GREAT INCOME and UPSIDE POTENTIAL. Please do not disturb tenants, drive up only. Property is sold in "AS IS" condition. 2 Units could be delivered vacant.

192 days

66

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Wall

Cooling

Wall/Window Unit(s)

Appliances

Included: Oven, Range, Washer, Dryer, Gas Water Heater

Features

Flooring: Mixed, Hardwood

Interior area

Total structure area: 4,876
Total interior livable area: 4,876 sqft

Property

Parking

Total spaces: 6
Parking features: Detached, Open, Covered
Garage spaces: 2
Uncovered spaces: 4

Features

Levels: Multi/Split
Stories: 2
Patio & porch: Patio
Pool features: None
Spa features: None
Fencing: Fenced Yard
Waterfront features: None

Lot

Size: 5,532.12 Square Feet
Features: Single Lot

Details

Additional structures: None
Parcel number: 5535027006
Zoning: LAR1
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Tudor
Property subtype: Multi Family

Materials

Roof: Composition,Shingle

Condition

Year built: 1925

Utilities & green energy

Sewer: In Street
Water: District

Community & HOA

HOA

Amenities included: None

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $348/sqft
Tax assessed value: $872,856
Annual tax amount: $11,915
Date on market: 6/10/2025
Tenant pays: Gas, Electricity

Estimated market value

$1,646,500

$1.56M - $1.73M

$3,142/mo

Price history

Date	Event	Price
12/17/2025	Price change	$1,695,000-3.7%$348/sqft
Source: CLAW #25550053 Report a problem
6/10/2025	Listed for sale	$1,760,000-0.6%$361/sqft
Source: CLAW #25550053 Report a problem
11/1/2023	Listing removed	--
Source: CLAW #23-295175 Report a problem
9/26/2023	Price change	$1,770,000-1.1%$363/sqft
Source: CLAW #23-295175 Report a problem
7/31/2023	Listed for sale	$1,789,000-2%$367/sqft
Source: CLAW #23-295175 Report a problem