5431 Lemon Grove Ave Los Angeles, CA 90038
Hollywood NeighborhoodEstimated payment $6,293/month
About This Lot
Property must be purchased together with the adjacent lot 5437 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5437 Lemon Grove Ave., a 13,999 square foot development site of two contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 5 vacant Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex).
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,242
Lot Details
- 7,002 Sq Ft Lot
- Property is zoned LAR2
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5535-008-018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $3,242 | $240,512 | $170,733 | $69,779 |
2024 | $3,242 | $235,797 | $167,386 | $68,411 |
2023 | $3,190 | $231,174 | $164,104 | $67,070 |
2022 | $3,057 | $226,642 | $160,887 | $65,755 |
2021 | $3,007 | $222,199 | $157,733 | $64,466 |
2020 | $3,032 | $219,921 | $156,116 | $63,805 |
2019 | $2,925 | $215,609 | $153,055 | $62,554 |
2018 | $2,810 | $211,382 | $150,054 | $61,328 |
2016 | $2,670 | $203,176 | $144,228 | $58,948 |
2015 | $2,634 | $200,125 | $142,062 | $58,063 |
2014 | $2,658 | $196,206 | $139,280 | $56,926 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/23/2024 09/23/24 | Pending | -- | -- | -- |
08/26/2024 08/26/24 | For Sale | $1,100,000 | 0.0% | -- |
07/27/2024 07/27/24 | Off Market | $1,100,000 | -- | -- |
07/27/2024 07/27/24 | For Sale | $1,100,000 | 0.0% | -- |
06/27/2024 06/27/24 | Off Market | $1,100,000 | -- | -- |
06/12/2024 06/12/24 | For Sale | $1,100,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $780,000 | Fidelity National Title | |
Interfamily Deed Transfer | -- | Chicago Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,206,095 | Construction | |
Previous Owner | $250,000 | Unknown | |
Previous Owner | $161,250 | No Value Available |
Source: The MLS
MLS Number: 24-403163

APN: 5535-008-018
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