$1,650,000
 $8,858 est/mo Sourced by Back At You

5076 Lemon Grove Avenue,Los Angeles, CA 90029

Los Angeles, CA 90029

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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.

Details

MLS #26995431
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site22
Listing Provided BySotheby's International Realty | Natalie Novarro

Features

Bed(s)7
Bath(s)4
SQ Feet4,876
Garage2
Story(s)2
Units4
Building(s)2
ZoningLAR1
Acreage0.13

Interior

HeatingWall Furnace
Heating Yes / NoYes
Interior FeaturesCrown Molding, High Ceilings
AppliancesOven, Range, Dryer, Washer
Fireplace Yes / NoYes

Exterior

RoofComposition, Shingle

Parking

Attached Garage Yes / NoNo
Parking FeaturesCovered, Driveway, Uncovered
Garage Yes / NoYes

Utilities

SewerOther

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$1,650,000
low | high
Med:
$1,299,997
71.212303030303% of Average
sqft:
4,876
low | high
Med:
2,885
90.842904019688% of Average
$ / sqft:
$338
low | high
Med:
$569
18.024929780818% of Average
On site:
22
low | high
Med:
74
29.72972972973% of Average
Sourced by Back At You

Market Activity 90029

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$1,650,000
low | high
Med:
$1,299,997
71.212303030303% of Average
sqft:
4,876
low | high
Med:
2,885
90.842904019688% of Average
$ / sqft:
$338
low | high
Med:
$569
18.024929780818% of Average
On site:
22
low | high
Med:
74
29.72972972973% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.237M - $2.062M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
852 N Oxford Avenue Property Photo 1
$1,895,000
852 N Oxford Avenue
Los Angeles, CA 90029
Listing Updated: October 8, 2026 at 5:09:50 PM PDT

Benjamin Leaskou - Desert Lifestyle Properties