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5418 Lemon Grove Ave, Los Angeles, CA 90038
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5418 Lemon Grove Ave Los Angeles, CA 90038

$1,895,000
  • 9 Beds
  • 9 Baths
  • 4,681 Sq.Ft.
For Sale
$1,895,000 Get Pre-Qualified
Map preview of 5418 Lemon Grove Ave, Los Angeles, CA 90038

Property Overview: 5418 Lemon Grove Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 4,681 living square feet and 7,002 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: Charming Contemporary style 5-units apartment building in the prestigious and desirable location in Hollywood area! This two 5-buildings comprises of the front building with four two bedrooms, two bathrooms units and the rear building with one bedroom, one bathroom unit on the top of the 4-car garage/ storage and 5 assigned parking spaces in the open communal parking area. The units offer large living /dining area with bright kitchen with granite countertops and spacious breakfast area. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. Easy access to 101 Freeway and close proximity to all the main shopping centers and restaurants and between Santa Monica Blvd and Sunset Blvd by Wilton and Western Ave. Great value. Enjoy the Hollywood Lifestyle and the views of Hollywood Sign!

Listed by Vangelis Korasidis | BRE #01222626 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 95
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Home details

Lot Sq. Ft
7,002
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24348206
City
Los Angeles
County
Los Angeles
Time on Site
102 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,168
  • Total Rent: $1,168
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,486
  • Total Rent: $1,486
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.9
  • Gross Scheduled Income: --
  • Net Operating Income: $70,253
  • Gross Operating Income: $118,188
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5418 Lemon Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Laminate
  • Den
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 5
  • Parcel Number: 5535009021
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Western Ave, between Melrose & Santa Monica
View more facts & features

Local Los Angeles Agent

Sale History for 5418 Lemon Grove Ave

Last leased for $2,695 on September 2nd, 2023

  • January, 2024

  • Jan 16, 2024

    Date

    Active

    CRMLS: 24348206

    $1,895,000

    Price

  • January, 2024

  • Jan 11, 2024

    Date

    Expired

    CRMLS: 23297429

    $1,895,000

    Price

  • Aug 3, 2023

    Date

    Active

    CRMLS: 23297429

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2023

  • Sep 2, 2023

    Date

    Leased

    CRMLS: 23299289

    $2,695

    Price

  • Aug 9, 2023

    Date

    Active

    CRMLS: 23299289

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Charming Contemporary style four-plex apartment building in the prestigious and desirable location in Hollywood! Large living /dining area with bright kitchen with granite counter-tops, spacious breakfast area with private balcony. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. One parking space. Close to all the main shopping centers and restaurants. Enjoy the Hollywood Lifestyle!

  • August, 2023

  • Aug 8, 2023

    Date

    Canceled

    CRMLS: 23276013

    $2,800

    Price

  • Jun 1, 2023

    Date

    Active

    CRMLS: 23276013

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Charming Contemporary style four-plex apartment building in the prestigious and desirable location in Hollywood! Large living /dining area with bright kitchen with granite counter-tops, spacious breakfast area with private balcony. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. One parking space. Close to all the main shopping centers and restaurants. Great value. Enjoy the Hollywood Lifestyle! Views of the Hollywood Sign!

  • June, 2022

  • Jun 27, 2022

    Date

    Leased

    CRMLS: 22161025

    $2,800

    Price

  • May 26, 2022

    Date

    Active

    CRMLS: 22161025

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Charming Contemporary style four-plex apartment building in the prestigious and desirable location in Hollywood! Large living /dining area with bright kitchen with granite counter-tops, spacious breakfast area with private balcony. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. One parking space. Close to all the main shopping centers and restaurants. Enjoy the Hollywood Lifestyle!

  • June, 2022

  • Jun 27, 2022

    Date

    Leased

    CRMLS: 22161073

    $2,500

    Price

  • May 26, 2022

    Date

    Active

    CRMLS: 22161073

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Charming Contemporary style four-plex apartment building in the prestigious and desirable location in Hollywood! Large living /dining area with bright kitchen with granite counter-tops, spacious breakfast area with private balcony. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. One parking space. Close to all the main shopping centers and restaurants. Great value. Enjoy the Hollywood Lifestyle! Views of the Hollywood Sign!

  • July, 2021

  • Jul 13, 2021

    Date

    Leased

    CRMLS: 21700958

    $2,395

    Price

  • Mar 5, 2021

    Date

    Active

    CRMLS: 21700958

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Newly updated and remodeled top floor unit. The building consist of a 4-plex. Large living /dining area with newly remodeled kitchen with granite counter-tops, spacious breakfast area and unobstructed views. Remodeled 2 bedrooms and very spacious den with great views and two updated bathrooms. Freshly painted throughout the unit! Great value. Enjoy the Hollywood Lifestyle! Views of the Hollywood Sign!

  • October, 2019

  • Oct 10, 2019

    Date

    Leased

    CRMLS: 19494152

    $1,895

    Price

  • Sep 26, 2019

    Date

    Price Change

    CRMLS: 19494152

    $1,895

    Price

  • Aug 22, 2019

    Date

    Active

    CRMLS: 19494152

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Enjoy the world famous Hollywood Lifestyle! Newly updated and remodeled private and stand alone apartment over the garage with unobstructed views. The building consist of a 4-plex in the front and the specific unit is separate and private over the 3- parking garage all the way in the back of the property for ULTIMATE PRIVACY. Take the iron staircase upstairs to the unit. Large living /dining area with newly remodeled kitchen with granite counter-tops, new over with hood and brand new refrigerator and spacious breakfast area and unlimited unobstructed views. Remodeled bedroom with great views + den. Updated bathroom. Great neighborhood with close proximity to shopping areas and freeways. Enjoy the Hollywood Lifestyle!

  • August, 2018

  • Aug 9, 2018

    Date

    Leased

    CRMLS: 18360852

    $2,250

    Price

  • Aug 3, 2018

    Date

    Price Change

    CRMLS: 18360852

    $2,200

    Price

  • Jul 3, 2018

    Date

    Active

    CRMLS: 18360852

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Newly updated and remodeled apartment. The building consist of a 4-plex. Large living /dining area with newly remodeled kitchen with granite counter-tops, spacious breakfast area and unobstructed views. Remodeled 1 bedroom and very spacious Den with great views and two updated bathrooms. Great value. Enjoy the Hollywood Lifestyle!Views of Hollywood Sign!Freshly Painted throughout the unit!

  • February, 2018

  • Feb 12, 2018

    Date

    Leased

    CRMLS: 18300048

    $1,650

    Price

  • Jan 31, 2018

    Date

    Price Change

    CRMLS: 18300048

    $1,650

    Price

  • Jan 4, 2018

    Date

    Active

    CRMLS: 18300048

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Newly updated and remodeled private apartment over the garage. The building consist of a 4-plex in the front and the specific unit is separate and private over the parking garage in the back of the property. Large living /dining area with newly remodeled kitchen with granite counter-tops, spacious breakfast area and unobstructed views. Remodeled bedroom with great views and updated bathroom. Great value. Enjoy the Hollywood Lifestyle!

  • March, 2014

  • Mar 14, 2014

    Date

    Sold (Public Records)

    Public Records

    $910,000

    Price

Show More

Tax History for 5418 Lemon Grove Ave

Assessed Value (2020): $1,020,009
Year Land Value Improved Value Assessed Value
2020 $515,608 $504,401 $1,020,009

Home Value Compared to the Market

This property vs the competition

5418 Lemon Grove Ave is listed 51.72% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $404.83 per/sqft which puts the price per square foot 47.56% lower than the median price per square foot for the city of Los Angeles.

About 5418 Lemon Grove Ave

Detailed summary of property

5418 Lemon Grove Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 9 bedrooms, 9 bathrooms, roughly 4,681 living square feet, and sits on an approximately 7,002 square foot lot. 5418 Lemon Grove Ave was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $1,895,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 51.72% higher than the median priced home. Local competing homes currently for sale include 5008 Rosewood Ave, 428 N Harvard Blvd and 625 N Plymouth Blvd. While the average home in Los Angeles, CA is selling in 97 days, 5418 Lemon Grove Ave has a days on market of 95 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5418 Lemon Grove Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5418 Lemon Grove Ave

Public county record property details
Beds
5
Baths
5
Year built
1923
Sq. Ft.
4,681
Lot Size
7,002
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
5535-009-021

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), 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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