Los Angeles, CA 90029
$550,000
Mark Quesada
Broker / Owner
DRE #02101365
***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.
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$4,059/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Jorge Marquez, RE/MAX 2000 REALTY
MLS# CV26014296 · Under Contract
History reflects records reported to the MLS and may be incomplete.