5101 Lemon Grove, Los Angeles, CA 90029

$550,000

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Listed by Jorge Marquez, from RE/MAX 2000 REALTY
(If provided) CoList: from

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List Price: $550,000
MLS#: CRCV26014296
Status: CONTINGENT
Lot Size: 5,206
Listing Area: 699 - Not Defined

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Property Description

***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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Additional Information

Cooling System: None
Garage Parking: Other
Laundry Facilities: Other
Levels: One Story
Lot Size: 5,206
Neighborhood: 699 - Not Defined
Numberof Units: 2
Pool Description: 31, None
Unincorporated Yn: Yes

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Fine Group Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information.