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$1,780,000

Beds
9
sq ft
4,681

5418 Lemon Grove Ave, Los Angeles, CA 90038

5418 Lemon Grove Ave

Los Angeles, CA 90038

  • 161 days on market
    • Price drop $70,000↓
Charming Contemporary style 5-units apartment building in the prestigious and desirable location in Hollywood area! This two buildings comprises of the front building with 4-units each with two bedrooms, two bathrooms and also the rear building with 1-unit with one bedroom, one bathroom on the top of the 4-car garage/ storage and 5 assigned parking spaces in the open communal parking area. The units offer large living /dining area with bright kitchen with granite countertops and spacious breakfast area. Remodeled and very spacious 2 bedrooms with great views and two updated bathrooms. Easy access to 101 Freeway and close proximity to all the main shopping centers and restaurants and between Santa Monica Blvd and Sunset Blvd by Wilton and Western Ave. Great value. Enjoy the Hollywood Lifestyle and the views of Hollywood Sign!

Details

Property type

Est. home value

$1,659,205

Lot size

7,002 sq ft

Price per sq ft

$381

Year built

1923

HOA

No

Price History

10/14/2024
CLAW

CLAW #24416577

Price change
$1,780,000
-3.78%
10/07/2024
CLAW

CLAW #24416577

Price change
$1,850,000
-2.37%
07/17/2024
CLAW

CLAW #24416577

Listed
$1,895,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Augusta Financial Inc

Loan start date

November 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7.19%

Loan type

Commercial, 3 year

Seller

Mitra Omrany

Lender

East West Bank

Loan start date

May 2020

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Commercial

Seller

Mitra Omrany

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/26/2024 at 4:45 AM

Listing updated: 12/04/2024 at 10:00 PM

Listed by: Vangelis Korasidis, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24416577

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