5101 Lemon Grove, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath
5101 Lemon Grove
Los Angeles, California 90029
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High-Demand Location
Situated in East Hollywood, a desirable area with strong rental demand, ensuring potential for good rental income post-rehabilitation.
- Duplex Configuration
Offers the advantage of two separate units, providing dual income streams and increased investment potential.
- Substantial Value-Add Opportunity
Presents a significant opportunity for an experienced investor or contractor to add considerable value through comprehensive renovation and repositioning.
CONSRISKS & DEFICIENCIES
- Severe Condition & Deferred Maintenance
The property is in extremely poor condition with extensive deferred maintenance, including active roof leaks, structural damage, and deteriorated finishes, requiring a major rehabilitation.
- Limited Financing Options
Due to its 'as-is' state and potential habitability issues, traditional financing is unlikely, restricting the buyer pool to cash or hard-money investors.
- Short Sale Complexities
Being a short sale, the transaction is subject to lender approval, which can introduce delays, uncertainty, and a potentially lengthy closing process.
About 5101 Lemon Grove
***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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1920
- Lot Size
- 5,206 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Kingsley Elementary School
Grades K-5 • 0.5 mi
Ramona Elementary School
Grades K-6 • 0.6 mi
Van Ness Avenue Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 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 | 45 | 288 | 20% |
Pricing History
Listed for Sale
Jan 20, 2026
$550,000
Initial Listing