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For SaleLuxury

$1,650,000

4,876 sqft$338/sqft33 days on market

5076 Lemon Grove Avenue

Los Angeles, CA 90029

· 8% down, 7% APR, 30yr fixed

7

Beds

4

Baths

4,876

Square feet

1925

Built

Listing narrative

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.

Listing agent (MLS): Natalie Novarro · Listing brokerage (MLS): Sotheby's International Realty

Property Details

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Price

$1,650,000

Beds

7 bd

Type

House

Home Size

4,876 sqft

Baths

4

Lot Size

0.13 acres

Year

1925

Status

For Sale

Days on Market

33

$ / Sqft

$338

· 8% down, 7% APR, 30yr fixed
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Courtesy of Sotheby's International Realty