$2,350,000

5666 Lemon Grove Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated payment $14,651/month

12 Beds
12 Baths
6,843 Sq Ft
$343 Price per Sq Ft

Highlights

  • End Unit
  • Laundry Room
  • Forced Air Heating System
  • STEM Academy at Bernstein High Rated A-

About This Home

Prime location in Los Angeles with upside potential • 8 units with a great mix of both 2 bed and 1 bed units, balconies, garages, carports and parking spaces. Separate gas and electric meters. Near Paramount Pictures Studio, shops, restaurants and the Hollywood Walk of Fame, with convenient access to 101 freeway and public transportation.

Listing Agent

Mod O'Connell

Century 21 On Target Brokerage Phone: 562-453-7729 License #01905653 Listed on: 10/31/2025

Century 21 On Target

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,768 Sq Ft Lot
  • End Unit
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,843 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 1917
  • Assessor Parcel Number 5535001011
  • $1,346 per year additional tax assessments

Community Details

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $10,200
  • Fuel Expense $2,880
  • Gardener Expense $1,200
  • Insurance Expense $19,275
  • Maintenance Expense $2,000
  • Trash Expense $5,148
  • New Taxes Expense $29,375
  • Operating Expense $70,090
  • Gross Income $148,825
  • Net Operating Income $78,735

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.39
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5535001011
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate
  • Entry Level: 1
  • Price Per Square Foot: 343.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 5148.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6768.00
  • Lot Size Acres: 0.1554

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 10200.00
  • Fuel Expense: 2880.00
  • Gross Income: 148825.00
  • Gross Scheduled Income: 148825.00
  • Insurance Expense: 19275.00
  • Lot Size Area: 6768.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 78735.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 70090.00
  • Rent Control: No
  • Total Actual Rent: 148825.00
  • Total Expenses: 70090.00

Tax Info

  • New Taxes Expense: 29375.00
  • Tax Lot: 25
  • Tax Tract Number: 1917.10
  • TaxOtherAnnualAssessmentAmount: 1346.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 For Sale $2,350,000 +42.4% $343 / Sq Ft
09/10/2015 09/10/15 Sold $1,650,000 -2.9% $241 / Sq Ft View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
03/19/2015 03/19/15 For Sale $1,700,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25251404

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90038 Hollywood

5666 Lemon Grove Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Mod O'Connell
Listing Agent
Mod O'Connell
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Century 21 On Target
(562) 453-7729