Los Angeles Multifamily Investment
For Sale
$2,000,000
5666 Lemon Grove Avenue, Los Angeles, CA 90038
Multifamily property in prime Los Angeles location with upside potential.
Property Size6,843 SF
Days on Market300
Property Features for 5666 Lemon Grove Avenue
General Information
Standard status
Active
Size
6,843 SF
Property subtype
Apartment
Building Details
Building Size
6,843 SF
Year Built
1961
Listing Agency:
Century 21 On Target
(562) 453-7729
Listed By:
Mod O'Connell · License #01905653
Source:
Velocityrealtysd
Added: Oct 31, 2025
Changed: Aug 23
Last Checked: Aug 25 at 11:35AM
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 Century 21 On Target
Investment Insights
Based on property information with market context.
This multifamily property is located in a prime Los Angeles location and offers upside potential. The property comprises 8 units with a mix of 2-bedroom and 1-bedroom configurations. Units feature balconies. Parking amenities include garages, carports, and additional parking spaces, totaling 11 spaces. Each unit has separate gas and electric meters. The property is situated near Paramount Pictures Studio, various shops, restaurants, and the Hollywood Walk of Fame. Convenient access to the 101 freeway and public transportation is available.
Key Highlights
- Prime Los Angeles location near Paramount Pictures Studio, shops, restaurants, and the Hollywood Walk of Fame.
- Upside potential with 8 units offering a mix of 2‑bedroom and 1‑bedroom configurations.
- 11 total parking spaces including garages, carports, and open spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,391
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in prime Los Angeles location with upside potential.
Where is this apartment building located?
The property is located at 5666 Lemon Grove Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime Los Angeles location near Paramount Pictures Studio, shops, restaurants, and the Hollywood Walk of Fame.; Upside potential with 8 units offering a mix of 2‑bedroom and 1‑bedroom configurations.; 11 total parking spaces including garages, carports, and open spaces.
