5336 Lemon Grove, Los Angeles, California 90038, Los Angeles, 90038 - 0 bed, 0 bath
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Los Angeles, California 90038
Analysis of 5336 Lemon Grove, Los Angeles, California 90038 is currently available with a list price of $1,690,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property features a newly built modern rear residence and a fully renovated, turnkey front home. The listing highlights modern kitchens, contemporary fixtures, and high-quality flooring throughout. With one structure being brand new and the other extensively updated to meet current market standards, the property shows no signs of deferred maintenance and offers premium features like rooftop views.
The property features two fully independent homes with separate addresses, offering exceptional flexibility for owner-occupants to offset their mortgage or for investors to maximize rental income from two distinct units.
Situated in a high-demand infill corridor minutes from Paramount Studios and Melrose Avenue, the property benefits from consistent rental demand and proximity to major entertainment and employment hubs.
The combination of a turnkey front residence and a newly built modern rear home with rooftop views of Hollywood landmarks provides an attractive, low-maintenance opportunity for immediate occupancy or leasing.
With the front residence dating back to 1911, the property may require ongoing maintenance or specialized repairs associated with century-old structures that modern builds do not face.
Housing two large residences totaling over 3,000 sq ft on a 7,004 sq ft lot may result in limited private outdoor space and potential parking constraints typical of dense East Hollywood corridors.
Rare East Hollywood offering with two fully independent residences on one lot, each with its own address (5336 & 5338 Lemon Grove Ave). The front residence offers approximately 1,727 sq ft, while the newly built modern rear home spans approximately 1,420 sq ft, for a combined living area of approximately 3,059 sq ft. Prime dual-residence asset located minutes from Paramount Studios, Melrose Ave, Hollywood, and major entertainment and employment hubs, within a high-demand East Hollywood infill corridor. Turnkey front residence paired with a modern rear home featuring rooftop views of iconic Hollywood landmarks, offering strong appeal to both end-users and tenants. Flexible use, durable rental demand, and proximity to dining, transit, and cultural anchors make this a compelling owner-user, income, or long-term hold opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,059 | 2,250 |
| Lot Size | 7,004 | 5,864 |
| Price | $1.69M | $826.7K |
| Price per sq ft | $552 | $395 |
| Built year | 1911 | 1925 |
| HOA | $0 | $0 |
| Days on market | 175 | 83 |
Jun 18, 2026
$1,690,000
$1,800,000
-6% Price Drop
Initial Listing
Jan 28, 2026
$1,800,000
Initial Listing
Feb 18, 2020
$1,460,000
Public Record
Mar 21, 2017
$750,000
Public Record