5336 Lemon Grove Avenue | Los Angeles | State of California | Prices, Plans, Availability

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Great Income Producing Hollywood Duplex! Perfect for a 1031 Exchange or Long-Term Investment. This recently built and remodeled 3,059 Sq. Ft. duplex is currently generating over $9,000 in monthly rental income, with large upside for income growth potential! Tastefully designed, built, and remodeled, this East Hollywood Duplex comes with stunning Hollywood Hills views and convenience to the 101 Freeway and neighboring communities. This remote-controlled gated property boasts a large, secure lot of 7,000 Sq. Ft., with ample on-site and garage parking, with mature privacy shrubs. These units are uniquely designed, with a modern look. The front unit is a spacious 1,727 sq. ft. one-story Craftsman style home that was renovated in 2021. With an abundance of natural light and beautiful windows, this 3-bedroom, 2-bathroom front unit, includes a large open living room, fireplace, den, dining area, open kitchen floor plan, and a basement. With multiple parking spaces in front of the unit. The rear unit is a separate 1,420 sq. ft. two-story, new build, completed in 2020. The 3 bedrooms and 2.5 bathrooms rear unit, offers a modern design, and a large 600+ sq. foot entertaining rooftop patio with breath taking views of the world-famous Hollywood sign, Griffth Observatory, and Paramount Studios. This unit also includes a two-car garage and ample parking in front of the unit. Will sell furnished and appliances included. Furniture and appliances are valued over $50,000. Great opportunity for a long-term investment that is already providing steady cash flow.