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    5336 Lemon Grove Avenue

    Los Angeles (City), CA 90038
    • $1,580,000
    • STATUS: Closed
    • ON SITE: 268 days
    • ID#: 19529414
    Sold - 02/21/2020
    $1,580,000
    SOLD - 02/21/2020
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1911
    County:

    School Ratings & Info

    Description

    Do Not Miss Out! This Fantastic Up & Coming Location will sell fast. The property is located in Los Angeles in the prime area of Hollywood. The property is 90% completed and needs about 100k to complete the project. This is a Duplex with a 3 bed 2 bath + Den in the front unit. The Rear Unit is 2 story, 3 bed 2.5 bath. The property features a 2 car garage as well as street and driveway parking. This is an Opportunity Zoned property perfect for an investor or developer. Seller also has a similar property on Wilton used for Air BnB, generating Excellent Revenue. Location is Superb!!! Shopping, Entertainment, Dining, Freeways nearby and Metro.

    Sold by John C. Pak of Jp Investment Real Estate Group.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-07T21:30:47.513. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/100862309
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    5336 Lemon Grove Avenue Los Angeles (City), CA 90038

    • Price: $1,600,000
    • Status: Closed
    • Updated: 69 min ago
    • ID#: 19529414
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1911
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Do Not Miss Out! This Fantastic Up & Coming Location will sell fast. The property is located in Los Angeles in the prime area of Hollywood. The property is 90% completed and needs about 100k to complete the project. This is a Duplex with a 3 bed 2 bath + Den in the front unit. The Rear Unit is 2 story, 3 bed 2.5 bath. The property features a 2 car garage as well as street and driveway parking. This is an Opportunity Zoned property perfect for an investor or developer. Seller also has a similar property on Wilton used for Air BnB, generating Excellent Revenue. Location is Superb!!! Shopping, Entertainment, Dining, Freeways nearby and Metro.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Gross Income 114000.00 Gross Multiplier 14.03 Gross Operating Income 110580.00 Net Operating Income 71877.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar2

    Listing provided courtesy of Cristina Guzman of Jp Investment Real Estate Group and John C. Pak of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-07T21:30:47.513. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711