5418 Lemon Grove Avenue

Los Angeles, CA 90038

$1,895,000
Price
9
Beds
9
Baths
4,681 Sq. Ft.
$405 / Sq. Ft.
4,681
Sq. Ft.
$405
per Sq. Ft.

Description

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...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!
  1. Listed by Vangelis Korasidis • DRE #01222626 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 5418 Lemon Grove Avenue

Zoning
LAR2
Style
Contemporary
Parcel Number
5535009021
Total Units
5.0
Living Area
4681
Source Living Area
Assessor
Area
Hollywood (C20)
Vacancy Rate
3%

Location

Listing Courtesy of Coldwell Banker Realty, Vangelis Korasidis, DRE #01222626
Add your commute
LISTING UPDATED: 04/02/2024 09:31 AM

Property Details for 5418 Lemon Grove Avenue

StatusActive
MLS #24-348206
Days on Market104
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.16 AC / 7,002 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Vangelis Korasidis, DRE #01222626
Add your commute

Building Information for 5418 Lemon Grove Avenue

Stories2Residences-Year Built1923Building Size-Lot Size0.16 AC / 7,002 SF

Payment Calculator

$11,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$1,159

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5418 Lemon Grove Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Amenities: Extra Storage
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • View: Yes
  • View Description: City, City Lights
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $118,188
  • Net Operating Income: $70,253.00
  • Gross Income: $118,188
  • Gross Rent Multiplier: $16.90
  • Total Annual Expense: 32215
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7002
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete
  • Total Parking: 5
  • Covered Parking: 0
  • Parking Features: Concrete
Interior Features
Interior Features
  • Room Type: Den
  • Rooms: Den
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window, Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Laminate
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Laundry: Community, Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-16-2024
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $1,895.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,486.00
  • Unit Actual Rent: $1,486.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,800.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,168.00
  • Unit Actual Rent: $1,168.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 5418 Lemon Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5418 Lemon Grove Avenue

Taxable ValueLand$541,994Additions$530,214Total$1,072,208
Tax Record2023$13,908 ($1,159 / month)
Home Facts
Total Finished SqFt4,681 SqFtAbove Grade Finished SqFt4,681 SqFtLot Size7,002 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR2CountyLOS ANGELESAPN5535-009-021

Schools near 5418 Lemon Grove Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5418 Lemon Grove Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on January 16, 2024 by Coldwell Banker Realty, it's currently listed at $1,895,000. It has been on the market for a total of 104 days and was last sold on March 12, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Santa Monica Boulevard Community Charter School, Joseph Le Conte Middle School and Helen Bernstein High School. 5418 Lemon Grove Avenue is a 9-bed, 9-bath, 4,681 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Vangelis Korasidis, DRE #01222626

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.