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5088 Lemon Grove Ave, Los Angeles, CA, 90029

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
1 Full Bath
812 SqFt
$615/SqFt
Condo

Location

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5088 Lemon Grove Ave, Los Angeles$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Door-Single, Garage
Garage1 space
Year Built1939
HeatingOther, Heat Pump
CoolingHeat Pump
FireplaceNone
ViewOther
MLS #24374583
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5088 Lemon Grove Ave

**Newly Priced** Welcome to this stylish sanctuary nestled in the heart of Melrose Hill! Discover a fusion of artistic charm and urban allure in this one-bedroom plus den retreat (WFH Space). Immerse yourself in the vibrant pulse of the neighborhood, just a leisurely 5-minute stroll away from LA's newest burgeoning art scene, where names like David Zwirner, James Fuentes, Rele LA, and MORAN MORAN Galleries all call home. Fuel your creative spirit at the trendiest local coffee and food haunts: Maison Matho Coffee, CafeTelegram, Organico Cafe, ETRA, Le Coupe, and Ggiata Delicatesen, await to tantalize your taste buds and ignite your imagination. Step into a meticulously renovated unit that seamlessly blends modern updates with timeless elegance. Your ultimate haven in a newly remodeled 4-unit TIC Community. Bask in the glow of abundant natural light as it floods through the dual-pane windows. The thoughtfully designed floor plan invites you into a sanctuary where the living room seamlessly melds with the dining area, creating an expansive canvas for both social gatherings and solitary moments of creative expression. Modern updates include, new DP Windows, AC/Heat/ new flooring, new tiled bathroom, updated electrical and LED lights, all new kitchen appliances and, in-unit washer & dryer. Welcome to your quintessential Melrose Hill haven, where every corner whispers stories of artistic inspiration and cultural charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1939
  • Stories: 2
  • Living Area: 812 SqFt

Listing Office:

  • Office Name: Avenue Homes
  • Office Phone: (323) 954-6420
  • Listing Agent: Cesar Leyva

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile
  • Interior: Tray Ceiling(s), Ceiling Fan(s), Separate/Formal Dining Room, High Ceilings, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Door-Single, Garage

Lot Features

Lot Information:

  • Lot: Lawn, Landscaped
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Other, Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: East of Western Avenue, North of Melrose Ave, Melrose Hill

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $615/SqFt

HOA Fees:

  • Amount: $283
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5088 Lemon Grove Ave vs Los Angeles

232 DAYS ON ROCKET

+194 Days

$499,000

-$524.4K Less

$615/SqFt

-$26 Less

KEY TAKEAWAY

This property is $524.4K less than the Median Sold Price and $26/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24374583

Listing Office:

  • Office Name: Avenue Homes
  • Office Phone: (323) 954-6420
  • Listing Agent: Cesar Leyva

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-500924
5
/10

  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-500925
7
/10

  • Santa Monica Boulevard Community Charter

  • 1022 N Van Ness Ave

  • 0.50 miles

  • Public Charter Grades KG-6

school-card-donut-500926
3
/10

  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.58 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,357. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5088 Lemon Grove Ave

What is the listing price of this property?

The listing price of 5088 Lemon Grove Ave property is $499,000.

What type of property is this?

The property 5088 Lemon Grove Ave is a condo located in Los Angeles, California, 90029.

Is this property for sale now?

Accepting Backup Offers: 5088 Lemon Grove Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5088 Lemon Grove Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5088 Lemon Grove Ave is 812 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5088 Lemon Grove Ave is 1939.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›5088 Lemon Grove Ave

This home is located at 5088 Lemon Grove Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 812 square foot home, which was built in 1939, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $499,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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