5101 Lemon Grove, Los Angeles, California 90029, Los Angeles, 90029 - 0 bed, 0 bath
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Los Angeles, California 90029
Analysis of 5101 Lemon Grove, Los Angeles, California 90029 is currently available with a list price of $550,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1920, this duplex is explicitly described as having 'extensive deferred maintenance, including active roof leaks, ceiling and wall damage, visible cracking, and deteriorated bathroom and interior finishes.' The listing states its condition 'may impact habitability' and will 'likely prevent traditional financing,' requiring 'substantial rehabilitation.' The exterior image also shows a neglected property with an overgrown yard and dated features. This aligns perfectly with the 'poor' criteria, indicating significant defects and a need for major repairs to make it safe and comfortable.
Situated in East Hollywood, a desirable area with strong rental demand, ensuring potential for good rental income post-rehabilitation.
Offers the advantage of two separate units, providing dual income streams and increased investment potential.
Presents a significant opportunity for an experienced investor or contractor to add considerable value through comprehensive renovation and repositioning.
The property is in extremely poor condition with extensive deferred maintenance, including active roof leaks, structural damage, and deteriorated finishes, requiring a major rehabilitation.
Due to its 'as-is' state and potential habitability issues, traditional financing is unlikely, restricting the buyer pool to cash or hard-money investors.
Being a short sale, the transaction is subject to lender approval, which can introduce delays, uncertainty, and a potentially lengthy closing process.
***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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,977 | 2,881 | 20% |
| Lot Size | 5,206 | 6,752 | 40% |
| Price | $550.0K | $800.0K | 20% |
| Price per sq ft | $278 | $278 | 50% |
| Built year | 1920 | 1925 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 335 | 20% |
Jan 20, 2026
$550,000
Initial Listing