5076 Lemon Grove Avenue, Los Angeles, CA 90029
Offered at
$1,760,000
Fashionable "Melrose Hill" located adjacent to Hancock Park and Larchmont Village in the heart of Hollywood. Opportunity knocks for a 1031 investor or owner/user. Convenient to fashionable art galleries and restaurants such as Bar Etoile, Etra, Caf Telegrama, Le Coupe and LA Grocery & Cafe. Lovingly maintained English Tudor 4-plex comprised of 2 separate buildings on the corner lot behind mature crepe myrtle trees. Each unit is spacious & bright with hardwood floors, wall air conditioning, washer/dryer, stove and refrigerator. There is a hedged outdoor patio to enjoy. Unit #4 is owner occupied. This sweet neighborhood is also near the 101 freeway, Paramount Studios & the $450MM, 5-acre Echelon Studios project in former Sears space on Santa Monica & Gower. GREAT INCOME and UPSIDE POTENTIAL. Please do not disturb tenants, drive up only. Property is sold in "AS IS" condition.