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1920s Tudor Fourplex
New
For Sale
$1,650,000

5076 Lemon Grove Ave, Los Angeles, CA 90029

Four units are arranged across two duplex buildings, with individual laundry appliances and separate gas and electric meters.

Property Size4,876 SF
Price / SF$338.39
Days on Market3

Property Features for 5076 Lemon Grove Ave

General Information

Standard status Active
Size 4,876 SF
Property subtype Residential Income

Additional Details

Gross Income $98,688
Highway Access Yes
Multifamily Units 4

Amenities

washer and dryer
refrigerator
wall air conditioning
water heater
separate gas and electric meters
decorative fireplaces
landscaped outdoor areas

Building Details

Buildings 2
Construction English Tudor
Tenancy Multi
Listing Agency: Sotheby's International Realty
Listed By: Natalie Novarro
Source: Exprealty
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 1920s English Tudor fourplex contains approximately 4,876 square feet in two separate duplex buildings on a corner lot. The four units feature nine-foot ceilings, crown molding, hardwood floors, decorative fireplaces, period architectural details and 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 off-street parking for up to six vehicles in total. Landscaped outdoor areas sit beneath mature trees. Three units are tenant-occupied, producing $8,224 in current monthly rental income; the fourth is owner-occupied. The property is in Melrose Hill, near Larchmont Village, Paramount Studios, Hollywood and Koreatown, with access to the 101 Freeway.

Key Highlights

  • Four units in two separate duplex buildings; approximately 4,876 square feet
  • 1920s English Tudor architecture with hardwood floors, crown molding and decorative fireplaces
  • Each unit has a washer and dryer, refrigerator, wall air conditioning, water heater, and separate gas and electric meters

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Tanning Salon Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,634
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four units are arranged across two duplex buildings, with individual laundry appliances and separate gas and electric meters.
Where is this quadplex located?
The property is located at 5076 Lemon Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Four units in two separate duplex buildings; approximately 4,876 square feet; 1920s English Tudor architecture with hardwood floors, crown molding and decorative fireplaces; Each unit has a washer and dryer, refrigerator, wall air conditioning, water heater, and separate gas and electric meters
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