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5342 Lemon Grove Ave, Los Angeles, CA 90038

List Price: $1,399,000On Market FlagOn market
Jun 18, 20251,869 sqft5 beds4 baths
Listed by: Rob Kellner
License #: 02201789
Phone #: 352-217-7429
Avenue Realty Group
Source:
CRMLS Logo
MLS #: 25553971

Property Description

Tucked behind gates in the heart of Melrose Hill, this beautifully updated 5-Bedroom, 3.5-Bathroom property is the kind of rare find that checks every box for homeowners, multi-gen families, or savvy investors. The Main Home offers 4BD/2.5BA across 1,536 Sqft, with tasteful designer finishes like Hardwood Floors, Crown Molding, Recessed Lighting, and a Brick Fireplace that adds just the right amount of charm. The Chef's Kitchen features Shaker Cabinetry, Quartz Countertops, and Stainless-Steel Appliances, all flowing seamlessly into the Dining Area and out to the Backyard through oversized sliding doors. The Fully Permitted 1BD/1BA ADU (333 Sqft, built in 2023) is detached and fully equipped--perfect for rental income, guests, or long-term flexibility. (Bonus: it will be delivered vacant!) Step outside and you're in your own private resort: a Large Pool, Built-in Outdoor Kitchen & BBQ, Firepit, and covered Gazebo Lounge that make this home as perfect for entertaining as it is for everyday peace and quiet. The gated lot also includes a 100 Sqft Storage House and Driveway Parking. With thoughtful upgrades throughout, including Updated Plumbing (2021), a New Roof and 200-amp Panel (2020), and R2 Zoning for future development. This property isn't just move-in ready... it's future-proofed. All of this, just minutes from Larchmont Village, Paramount Studios, Hollywood, K-Town, the 101, and Wilshire Country Club. Whether you're looking for your forever home or a high-upside investment, 5342 Lemon Grove Ave delivers the best of both. The Seller is Motivated, so Schedule your tour today.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,946

TurboHome Estimated Value

$1,397,700

$748 sqft

High Valuation
$1,467,585
$785/sqft
Normal Valuation
$1,397,700
$748/sqft
Low Valuation
$1,327,815
$710/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$748/sqft$1,397,700

Neighborhood: Hollywood

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Comparative Value

$1.05M

$1.40M

$1.64M

$1.65M

1301 N Orange Dr, Los Angeles, CA 90028

Sale Price: $1,046,000

Selected Comparable

1331 N Sycamore Ave 3, Los Angeles, CA 90028

Sale Price: $1,050,000

Selected Comparable

5342 Lemon Grove Ave, Los Angeles, CA 90038

List Price: $1,399,000

Subject Property

5653 Franklin Ave, Los Angeles, CA 90028

Sale Price: $1,408,000

Selected Comparable

6631 De Longpre Ave, Los Angeles, CA 90028

Sale Price: $1,640,000

Selected Comparable

1738 N Alexandria Ave, Los Angeles, CA 90027

Sale Price: $1,650,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5342 Lemon Grove Ave, Los Angeles, CA 90038

5342 Lemon Grove Ave, Los Angeles, CA 90038

List: $1,399,000

Listed: 6/18/2025

Area:1,869 sqft
Price/sqft:$749
Beds:5
Baths:4
Year Built:
Lot Size:7,003

Comparable Properties

COMPARABLE
Choose comps
6631 De Longpre Ave, Los Angeles, CA 90028

6631 De Longpre Ave, Los Angeles, CA 90028

Sale: $1,640,000

2/20/20251.52 mi

Area:1,896 sqft
Price/sqft:$865
Beds:5
Baths:5
Year Built:
Weight:23.3%
5653 Franklin Ave, Los Angeles, CA 90028

5653 Franklin Ave, Los Angeles, CA 90028

Sale: $1,408,000

7/14/20251.33 mi

Area:2,111 sqft
Price/sqft:$667
Beds:4
Baths:4
Year Built:
Weight:21.7%
1331 N Sycamore Ave 3, Los Angeles, CA 90028

1331 N Sycamore Ave 3, Los Angeles, CA 90028

Sale: $1,050,000

4/7/20251.96 mi

Area:2,110 sqft
Price/sqft:$498
Beds:4
Baths:4
Year Built:
Weight:19.7%
1301 N Orange Dr, Los Angeles, CA 90028

1301 N Orange Dr, Los Angeles, CA 90028

Sale: $1,046,000

6/4/20251.87 mi

Area:2,623 sqft
Price/sqft:$399
Beds:5
Baths:3
Year Built:
Weight:18.0%
1738 N Alexandria Ave, Los Angeles, CA 90027

1738 N Alexandria Ave, Los Angeles, CA 90027

Sale: $1,650,000

6/17/20251.35 mi

Area:2,656 sqft
Price/sqft:$621
Beds:4
Baths:4
Year Built:
Weight:17.3%

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