$2,000,000
+$1,0005666 Lemon Grove Avenue, Los Angeles CA 90038
Multi-Family (8 Units)
Property type
217 days
On market
$292
Price per sqft
4 cars
Garage
1961
Year built
6,768 sqft
Lot size
Home highlights
Open Houses
Overview
Prime location in Los Angeles with upside potential • 8 units with a great mix of both 2 bed and 1 bed units, balconies, garages, carports and parking spaces which total 11. Separate gas and electric meters. Near Paramount Pictures Studio, shops, restaurants and the Hollywood Walk of Fame, with convenient access to 101 freeway and public transportation.
Listing provided by: Mod O'Connell DRE #01905653, Century 21 On Target
Listing updated: Apr 8, 2026 at 12:58am.
Last checked: Jun 5, 2026 at 06:31pm
Source: CRMLS #PW25251404
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,000 | $2,000 | $2,500 | Unfurnished |
| 1 | 2 | 2 | — | $1,523 | $1,523 | $2,500 | Unfurnished |
| 1 | 2 | 2 | — | $1,725 | $1,725 | $2,500 | Unfurnished |
| 1 | 2 | 2 | — | $2,184 | $2,184 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,162 | $1,162 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,300 | $1,300 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,300 | $1,300 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,206 | $1,206 | $1,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: No
Units Leased: 8
Total Actual Rent: $148,825
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.4x
List Price / Annual Gross Rent
Cap Rate
3.39%
NOI / List Price
Gross Scheduled Income: $148,825
Operating Expense: $70,090
Net Operating Income: $78,735
Annual Operating Expenses
Electric: $10,200
Gardener: $1,200
Fuel: $2,880
Insurance: $19,275
Maintenance: $2,000
New Taxes: $29,375
Professional Management: $0
Trash: $5,148
Water / Sewer: $0
Interior
Flooring: Laminate
Heating: Forced Air
Fireplace: None
Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Entry Location: 1st Floor
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More, End Unit
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Road Frontage Type: City Street
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 7
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5535001011
Tax Lot: 25
Community
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 5666 Lemon Grove Avenue, Los Angeles, CA 90038. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,600,000
Total Interest
$2,040,712
Total Payment
$3,640,712
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,346
per month
Property History for 5666 Lemon Grove Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90038.
Similar Homes
Listings with similar prices to 5666 Lemon Grove Avenue