7 months on rocket

5342 Lemon Grove Ave, Los Angeles, CA, 90038

$1,299,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
1,876 SqFt
$692/SqFt
House
Schools Nearby

Location

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5342 Lemon Grove Ave, Los Angeles$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Year Built1920
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewNone
MLS #23307919
Lot Size0.16 Acres
StatusActive

About 5342 Lemon Grove Ave

Beautifully Upgraded 5-Bedroom Pool Home w/ ADU in Highly-Desirable Melrose Hills Neighborhood! Having undergone recent renovations, this stunner features designer finishes throughout & is move-in ready. Open modern-concept layout w/ hardwood flooring, crown mouldings, & ceiling fans throughout. Living room w/ brick fireplace & built-in surround-sound system. Adjacent dining area w/ sliding patio doors for al-fresco dining. Chef's kitchen w/ shaker cabinets, quartz countertops, high-end stainless-steel appliances, & dine-in bar. Upgraded bathrooms w/ designer marble-top vanities. ADU studio unit features full bathroom/kitchen & mini-split HVAC system. Spacious backyard w/ swimming pool, built-in BBQ/outdoor kitchen area, firepit, & gazebo - perfect for entertaining! Other upgrades include copper plumbing & 200-amp electrical panel. Fully gated lot. Laundry room. Central AC + Heat. Storage shed. Plenty of driveway parking. R2 Zoning provides possible future development opportunities. Just minutes to Wilshire Country Club & the best shopping, dining, & entertainment the area has to offer. Turnkey!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,876 SqFt

Listing Office:

  • Office Name: Revilo Realty, Inc.
  • Office Phone: (310) 422-3374
  • Listing Agent: Oliver Moussazadeh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Lemon Grove Ave., East of Western Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $692/SqFt

Tax Information:

  • Annual Amount: $11,624
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5342 Lemon Grove Ave vs Los Angeles

239 DAYS ON ROCKET

+205 Days

$1,299,000

+$312.5K More

$692/SqFt

+$60 More

KEY TAKEAWAY

This property is $312.5K more than the Median Sold Price and $60/SqFt more 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: #23307919

Listing Office:

  • Office Name: Revilo Realty, Inc.
  • Office Phone: (310) 422-3374
  • Listing Agent: Oliver Moussazadeh

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: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2020Home Sold
$960,000
Apr 13, 1989Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,624$960,000
2020$3,511$275,485
2019$3,398$270,085
2018$3,329$264,791
2017$3,329$259,600

History based on county public records data.

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$6,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,961

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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.

Elementary School

school-card-donut-4555380
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.99 miles

  • Public Magnet Grades KG-6

school-card-donut-4555381
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.36 miles

  • Public Magnet Grades 1-5

school-card-donut-4555382
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 25.75 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4555383
4
/10
  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.68 miles

  • Public Magnet Grades 6-8

school-card-donut-4555384
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.42 miles

  • Public District Grades 6-8

High School

school-card-donut-4555385
2
/10
  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 0.63 miles

  • Public District Grades 9-12

school-card-donut-4555386
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.58 miles

  • Public Magnet Grades 9-12

school-card-donut-4555387
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.12 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,262. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5342 Lemon Grove Ave

What is the listing price of this property?

The listing price of 5342 Lemon Grove Ave property is $1,299,000.

What type of property is this?

The property 5342 Lemon Grove Ave is a house located in Los Angeles, California, 90038.

Is this property for sale now?

Active Listing: 5342 Lemon Grove Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5342 Lemon Grove Ave are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Helen Bernstein High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,624 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 2020 for $960,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5342 Lemon Grove Ave has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5342 Lemon Grove Ave is 1,876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5342 Lemon Grove Ave is 1920.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900385342 Lemon Grove Ave

This home is located at 5342 Lemon Grove Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This 1,876 square foot home, which was built in 1920, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 05, 2023 and is currently priced at $1,299,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

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

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