5076 Lemon Grove Ave Los Angeles, CA 90029

$900,000 Sold Price as of 04/25/2007

7 Beds
4 Baths
4,876 Sq.Ft.

Off Market

$900,000 Sold Price as of 04/25/2007 Refinance Your Mortgage

Map preview of 5076 Lemon Grove Ave, Los Angeles, CA 90029

Property Overview: 5076 Lemon Grove Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 4,876 living square feet and 5,538 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5076 Lemon Grove Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5076 Lemon Grove Ave

Last sold for $900,000 on April 25th, 2007

November, 2023
Nov 1, 2023

Date

Expired

CRMLS: 23295175

$1,770,000

Price
Jul 31, 2023

Date

Active

CRMLS: 23295175

$1,789,000

Price
Listing provided courtesy of CRMLS

Extraordinary English Tudor fourplex on a beautiful tree-lined street in the hip, eminently walkable Melrose Hill area. Pride of ownership abounds in this freshly painted and lovingly cared-for one-of-a-kind investment property. All four sun-drenched units boast original hardwood floors, ample closet space, and period details like decorative fireplaces and charming built-ins. Each unit has its own separate electric and gas meters, water heater, window AC/heat unit, refrigerator, and washer & dryer. Plentiful parking and immaculately manicured outdoor spaces are also terrific perks for the tenants. Owners' unit shall be delivered vacant and while the other three units already bring in very strong rents, there is still plenty of room for improvement. Tremendous upside potential with some interior cosmetic improvements/upgrades. Enjoy close proximity to Paramount Studios, Larchmont Village, Wilshire Country Club, Hollywood Forever, fabulous restaurants like Osteria La Buca, Antica Nuovo, DeSano Pizzeria. Easy access to the 101 and all that Hollywood has to offer. Do not miss this fantastic opportunity to pick up a great long-term 'bread and butter' property with excellent income in a neighborhood that only continues to become more and more desirable! Property to be sold "as is"

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November, 2022
Nov 19, 2022

Date

Expired

CRMLS: 22169139

$1,825,000

Price
Jun 17, 2022

Date

Active

CRMLS: 22169139

$1,925,000

Price
Listing provided courtesy of CRMLS

An amazing opportunity to become the new owner for this great income property. Beautiful English Tudor style, 4-plex building, on a corner lot in the Melrose Hill neighborhood in Los Angeles. Units are separated into 2 buildings. Title shows as 7 beds + 4 baths, but in actuality, there are 9 beds + 6 baths. Each of the units are spacious, bright with a washer/dryer, refrigerator, wall AC, and hardwood floors. Unit 1 has 3 bed + 1.5 bath, unit 2 has 2 bed + 1.5 bath, unit 3 and 4 has 2 bed + 1 bath (unit 4 is seller occupied). There are two, one-car garages and a total of 6 cars are able to park on the property. Close proximity to 101 freeway, Korea town, Hollywood, Los Feliz, Paramount Studios, and Larchmont. Property to be sold in its as-is condition.

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December, 2021
Dec 13, 2021

Date

Expired

CRMLS: 21784796

$1,790,000

Price
Sep 20, 2021

Date

Active

CRMLS: 21784796

$1,790,000

Price
Listing provided courtesy of CRMLS

Lovingly maintained English Tudor 4-plex adjacent a block from the charming Melrose Hill historical preservation zone (HPOZ), Lemon Grove Park and minutes from Larchmont Village and Paramount Studios. There are 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. Unit #1 (3 bed + 1 bath. Unit #2 (2 beds + 1 bath) enjoys a hedged outdoor patio. Unit #3 is owner occupied & estimated rental income is $2,000/month. This sweet neighborhood is near new shops, businesses, and development along Melrose and Western as well as 101 freeway close. Opportunity knocks for owner/user or investor or 1031 exchange. GREAT INCOME! Please do not disturb tenants, drive up only. Property is sold in "AS IS" condition.

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March, 2018
Mar 13, 2018

Date

Expired

CRMLS: 17270394

$1,450,000

Price
Oct 11, 2017

Date

Withdrawn

CRMLS: 17270394

$1,450,000

Price
Sep 14, 2017

Date

Active

CRMLS: 17270394

$1,450,000

Price
Listing provided courtesy of CRMLS

Great Location adjacent to Melrose Hills & paramount studio. Well maintained 2 separate English Style building. Very quiet and desirable area to live. Each unit is spacious and bright with hardwood floors. One unit originally built as 3 Bed 2 Bath for owner's use but it's now being used as 4 Bed and 2 Bath. Buyer to check permits. Please do not disturb tenants. Drive by only. Seller is very motivated.

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April, 2007
Apr 25, 2007

Date

Sold (Public Records)

Public Records

$900,000

Price

Tax History for 5076 Lemon Grove Ave

Assessed Value (2020): $872,856

Year	Land Value	Improved Value	Assessed Value
2020	$327,320	$545,536	$872,856

About 5076 Lemon Grove Ave

Detailed summary of property

5076 Lemon Grove Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90029 and last sold on April 25, 2007 for $900,000. This property has 7 bedrooms, 4 bathrooms, roughly 4,876 living square feet, and sits on an approximately 5,538 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.64% lower than the current median priced home. 5076 Lemon Grove Ave was last sold on April 25, 2007 for $900,000. Local nearby listings include 918-1 N Ridegwood Pl, 416 N Serrano Ave and 4733 Elmwood Ave #204. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5076 Lemon Grove Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5076 Lemon Grove Ave

Public county record property details

Beds: 7
Baths: 4
Year built: 1925
Sq. Ft.: 4,876
Lot Size: 5,538
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5535-027-006

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,022,990

Median List Price/Sq.Ft.

$714

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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