5101 Lemon Grove, Los Angeles, CA 90029
- $550,000
- List Price
- $550,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- CV26014296
- Year Built
- 1920
- Lot Size
- 5,206
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 193
- Property Type
- Multifamily
- Short Sale
- Yes
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
***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.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Jorge Marquez (JAMarquez888@gmail.com) from Listing Office: RE/MAX 2000 REALTY.
Mortgage Calculator
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.