5336 Lemon Grove, Los Angeles, CA 90038

$1,380,000

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List Price
$1,380,000
Price Change
▼ $310,000 1784948630
Status
ACTIVE
MLS#
WS26015272
Year Built
1911
Lot Size
7,004
Acres
0.16
Lot Location
11-15 Units/Acre, Back Yard, Front Yard, Near Public Transit, Paved, Street Level, Yard
Days on Market
83
Property Type
Multifamily
Style
Bungalow, Craftsman
Property Sub Type
Duplex
Stories
One Level

Property Description

Outstanding value in East Hollywood with two fully independent residences on one lot, each with its own address (5336 & 5338 Lemon Grove Ave). The front residence offers approximately 1,727 sq ft, while the modern rear home spans approximately 1,420 sq ft, for a combined living area of approximately 3,059 sq ft. Situated in one of Los Angeles' most sought-after infill neighborhoods, this versatile property presents a rare opportunity for owner-users, investors, or multi-generational living. Prime location just minutes from Paramount Studios, Melrose Ave, Hollywood, and major employment centers. The modern rear residence features a private rooftop deck with iconic Hollywood views, while the dual-home configuration offers flexibility for owner occupancy, rental income potential, or long-term investment building. Strong rental demand, limited housing supply, and convenient access to dining, entertainment, and public transit further enhance the property's long-term appeal.

Additional Information

Land Lease Amount
$86674
Appliances
Dryer
Pool Description
None
Fireplace Description
Bath, Dining Room, Family Room, Gas, Kitchen, Living Room
Heat
Ductless
Cooling
Yes
Cooling Description
Ductless, Electric
View
Neighborhood
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up, All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$86,674
Operating Expense
14150

Listing courtesy of Listing Agent: Lydia Lam (l2leternityinc@gmail.com) from Listing Office: Arex.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.