5233 Lemp Ave - Multi-Family FOR SALE


North Hollywood, CA 91601
$1,389,983 USD
818-953-5300
5233 Lemp Ave, North Hollywood, CA for Sale
$1,389,983 USD
Multi-Family - FOR SALE
1/56
null | 4.01% Cap Rate

5233 Lemp Ave
North Hollywood, CA 91601


OVERVIEW

Set on a generous 6,800 square foot lot, this charming California Traditional property offers a rare blend of comfort, functionality, and location, positioned immediately adjacent to the highly regarded Oakwood School. The thoughtfully landscaped grounds feature drip and sprinkler irrigation, ambient landscape lighting, and a serene in-ground hot tub spa with lighting, perfect for relaxing evenings. A plum tree enhances the backyard, while practical upgrades such as a water softener add to the home’s everyday livability. The main residence spans approximately 1,275 square feet and includes two bedrooms and two bathrooms. Interior highlights include a formal entryway, a dedicated dining room, and a welcoming living room centered around a wood-burning fireplace, which is already plumbed for gas. The kitchen comes fully equipped, featuring a brand-new 36-inch refrigerator, and both the washer and gas dryer are included. Bedrooms have dual-pane glass for added comfort. The home also offers permitted extra parking in front and is serviced by a new HVAC system. Complementing the main house is a versatile 298 square foot ADU, complete with a 3/4 bathroom with a certificate of occupancy 3/28/18 (non-rent controlled). This private space features French doors, a two-burner gas stove, tankless water heater, gas heater, and durable luxury vinyl plank flooring. The ADU is internet-ready with Spectrum service and includes a separate electric submeter (owner-monitored), while gas and electricity are shared with the main house. This unique property presents an exceptional opportunity to enjoy classic California living with added flexibility, security, and income or guest potential.

FOR SALE DETAILS

PRICE

$1,389,983 USD

PRICE/SF

$884 USD /SF

# OF UNITS

2

PRICE/UNIT

$694,992

CAP RATE

4.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,800 SF

ZONING

-

APN/PARCEL ID

2348-006-029

ASK ABOUT THIS PROPERTY

Brad KorbBrad Korb Real Estate GroupMore Info
818-953-5300

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Brad KorbBrad Korb Real Estate GroupMore Info
818-953-5300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.