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1889 Lemoyne St, Los Angeles, CA 90026
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1889 Lemoyne St Los Angeles, CA 90026

$2,150,000
  • 21 Beds
  • 11 Baths
  • 3,640 Sq.Ft.
For Sale
$2,150,000 Get Pre-Qualified
Map preview of 1889 Lemoyne St, Los Angeles, CA 90026

Property Overview: 1889 Lemoyne St Los Angeles, CA has 21 bedrooms, 11 bathrooms, 3,640 living square feet and 7,686 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Trophy Property....A rare opportunity to own an income property in one of LA's hottest neighborhoods. Spectacular and secluded mid-century 4plex set high in the hills on a large lot north of Sunset in Echo Park. Magnificent views of downtown, Griffith Park Observatory and the Hollywood sign. The building provides one large 3 bedroom, 2-bathroom unit; three more units each have 2 bedrooms and 1 bathroom. These apartments feature sensible floor plans and amenities that include separate water heaters for each unit and a convenient laundry room. Unit #4 also has a large, permitted deck right off the kitchen and living room. Great outdoor space with two separate patios, all set on a beautiful hillside with black walnut trees, oranges, and figs. Residents enjoy an easy commute to nearby Glendale, Burbank and Downtown LA. Great rental income with room for improvement. Do not disturb occupants.

Listed by Steve Flores | BRE #01272369 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
7,686
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24357979
City
Los Angeles
County
Los Angeles
Time on Site
78 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,344
  • Total Rent: $2,344
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,261
  • Total Rent: $1,261
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: 15.44
  • Gross Scheduled Income: --
  • Net Operating Income: $119,982
  • Gross Operating Income: $141,070
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1889 Lemoyne St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 4
  • Parcel Number: 5420011001
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Echo Park Ave to Effie to Lemoyne
View more facts & features

Local Los Angeles Agent

Sale History for 1889 Lemoyne St

Last sold for $288,000 on November 24th, 1997

  • February, 2024

  • Feb 14, 2024

    Date

    Active

    CRMLS: 24357979

    $2,150,000

    Price

  • November, 2023

  • Nov 20, 2023

    Date

    Expired

    CRMLS: 23273951

    $2,195,000

    Price

  • Jun 7, 2023

    Date

    Active

    CRMLS: 23273951

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 1997

  • Nov 24, 1997

    Date

    Sold (Public Records)

    Public Records

    $288,000

    Price

Show More

Tax History for 1889 Lemoyne St

Assessed Value (2020): $431,418
Year Land Value Improved Value Assessed Value
2020 $278,856 $152,562 $431,418

Home Value Compared to the Market

This property vs the competition

1889 Lemoyne St is listed 75.51% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $590.66 per/sqft which puts the price per square foot 23.69% lower than the median price per square foot for the city of Los Angeles.

About 1889 Lemoyne St

Detailed summary of property

1889 Lemoyne St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 21 bedrooms, 11 bathrooms, roughly 3,640 living square feet, and sits on an approximately 7,686 square foot lot. 1889 Lemoyne St was first listed on ArdentRealEstateGroup.com on February 14, 2024. The homeowner is currently asking $2,150,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 75.51% higher than the median priced home. Local competing homes currently for sale include 2641 Riverside Terrace, 1917 Clinton St and 1917 Clinton St. While the average home in Los Angeles, CA is selling in 96 days, 1889 Lemoyne St has a days on market of 64 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1889 Lemoyne St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1889 Lemoyne St

Public county record property details
Beds
8
Baths
4
Year built
1964
Sq. Ft.
3,640
Lot Size
7,685
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
148
APN
5420-011-001

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
55
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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