Properties
Los Angeles, CA 90029 5101 Lemon Grove
$550,000
Presented By: Jorge Marquez with RE/MAX 2000 REALTY; 626-991-0247
Baths • 1
SQFT • 1,977
Home Details
***Short sale*** subject to lender approval. 5101 Lemon Grove Ave is a 1920s duplex in the East Hollywood area offering significant value-add potential for an experienced investor or contractor. Property has extensive deferred maintenance, including active roof leaks, ceiling and wall damage, visible cracking, and deteriorated bathroom and interior finishes, condition may impact habitability and will likely prevent traditional financing. Structure is sold strictly as is, with no repairs, credits, or warranties from seller or lender; buyer to conduct and rely on their own inspections, engineering evaluations, and due diligence regarding foundation, systems, and any health/safety conditions. Ideal for cash or hard-money buyers able to complete a substantial rehabilitation and reposition this property in a high-demand rental location.
Presented By: Jorge Marquez with RE/MAX 2000 REALTY; 626-991-0247
Interior Features for 5101 Lemon Grove
Other Interior Features
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesLiving Room
Fireplace Y/NYes
Laundry FeaturesOutside
Total Stories1
Other Rooms
Entry Level1
General for 5101 Lemon Grove
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSidewalks, Urban
ContingencySubject to short sale approval
CoolingNone
CountyLos Angeles
Current FinancingVA
DirectionsLemon Grove and Oxford
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet5206
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income
New ConstructionNo
Number Of Units Total2
Number of Units Leased0
Operating Expense0
Pool FeaturesNone
PossessionSee Remarks
PostalCityLOS ANGELES
Property Attached Y/NNo
Property ConditionRepairs Major
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsShort Sale
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Tax Lot2
Tenant PaysNone, See Remarks
Total Actual Rent0
Trash Expense0
Water Sewer Expense0
Year Built1920
Year Built SourcePublic Records
Exterior for 5101 Lemon Grove
Building Area Total1977
Lot Features0-1 Unit/Acre
Lot Size Acres0.1195
Lot Size Area5206
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
