5441 Lemon Grove Ave, Los Angeles, CA 90038
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5441 Lemon Grove Ave Los Angeles, CA 90038

$1,150,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,150,000 Get Pre-Qualified

Map preview of 5441 Lemon Grove Ave, Los Angeles, CA 90038

Property Overview: 5441 Lemon Grove Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- 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: See DOCs section for OM. Property is in a Probate Estate but not currently required to go through court overbid process. Property must be purchased together with two adjacent lots 5431 and 5437 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5441 Lemon Grove Ave., a 20,999 square foot development site of three contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 9 Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex, and 5441 is a fourplex), of which 8 are vacant. The ninth tenant is significantly behind on current rent, also owes significant back rent from the Eviction Moratorium and the owner is currently engaging counsel with a very good reputation and track record to start the eviction process.

Listed by Josh Kaplan | BRE #01934177 | Equity Union
Last checked: 11 minutes ago | Last updated: June 20th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,002
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24403369
City
Los Angeles
County
Los Angeles
Time on Site
10 days

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Property Details for 5441 Lemon Grove Ave

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5535008020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located between Wilton Pl and Western Ave., just west of both Paramount Studios and the Hollywood Forever Cemetary.
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Sale History for 5441 Lemon Grove Ave

View property's historical transactions
  • June, 2024

  • Jun 12, 2024

    Date

    Active

    CRMLS: 24403369

    $1,150,000

    Price

Tax History for 5441 Lemon Grove Ave

Assessed Value (2020): $463,269
Year Land Value Improved Value Assessed Value
2020 $326,012 $137,257 $463,269

Home Value Compared to the Market

This property vs the competition

5441 Lemon Grove Ave is listed 7.93% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000.

About 5441 Lemon Grove Ave

Detailed summary of property

5441 Lemon Grove Ave is a land located in Los Angeles, CA 90038 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,002 square foot lot. 5441 Lemon Grove Ave was first listed on ArdentRealEstateGroup.com on June 12, 2024. The homeowner is currently asking $1,150,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $779. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 7.93% lower than the median priced home. Local competing homes currently for sale include 1833 W Pico Blvd, 1501 Marlay Dr and 330 N Bixel St. While the average home in Los Angeles, CA is selling in 98 days, 5441 Lemon Grove Ave has a days on market of 11 days. There are currently 3964 homes for sale in the Los Angeles real estate market and 2670 of them are single family homes while 1181 of them are condos and 106 are townhomes. For more information on this home for sale at 5441 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 5441 Lemon Grove Ave

Public county record property details
Beds
4
Baths
4
Year built
1954
Sq. Ft.
2,812
Lot Size
6,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5535-008-020

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
$1,299,000
Median List Price/Sq.Ft.
$675
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$720
Total Inventory
45
Median Sale to List Price %
110%
Avg Days on Market
88
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 5441 Lemon Grove Ave

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.