$988,888

5501 Alhambra Avenue, Los Angeles 90032

8

Beds

3

Baths

2,870

Square feet

2,740

Lot Size

Listing Agent
Laura Ruvalcaba - RE/MAX TOP PRODUCERS

Step into a piece of history with this charming mixed-use property 5501 and 5505 Alhambra Ave nestled in the heart of historic El Sereno. Offering a unique blend of commercial and mixed use, this property presents an exceptional opportunity for investors and homeowners alike. This property enjoys a prime location with convenient access to local shops, restaurants, and cultural attractions. Embrace the rich heritage of the area while being just moments away from the bustling city life of Los Angeles. The property features Two APN'S 5220-023-014 & 5220-023-015 Sold Together four residential living units, offering a total of 2,870 square feet of living space and 2,740 square feet lot. Two units boast 2 bedrooms and 1 bathroom each, providing comfortable living quarters for residents. Another unit offers 3 bedrooms and 1 bathroom, 5 Electrical and Gas Meters. Perfect for larger households seeking ample space. Additionally, a detached unit provides privacy with 1 bedroom and 1 bathroom, ideal for rental opportunity. A storefront commercial space APN 5220-023-015 comprising 370 square feet and 5,167 square feet lot presents endless possibilities for entrepreneurs and small business owners. Whether you envision a boutique shop, cafe, or office space, this area offers the perfect canvas to bring your vision to life. This property offers excellent income potential for investors seeking to capitalize on the demand for properties in the area. 3 units will be available vacant.

Facts & Features

MLS® # CV24075991
Price $988,888
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Square Footage 2,870
Lot Size 2,740
Year Built 1933
Type Residential
Sub-Type Mixed Use
Status Active
# Of Units 4

Community Information

Address 5501 Alhambra Avenue
Area 621 - El Sereno
City Los Angeles
County Los Angeles
Zip Code 90032

Amenities

View City Lights
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling Wall/Window Unit(s)
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Multi/Split

Exterior

Lot Description 2-5 Units/Acre

School Information

District Los Angeles Unified

Additional Information

Date Listed April 17th, 2024
Days on Market 13
Zoning LAC2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLaura Ruvalcaba
OfficeRE/MAX TOP PRODUCERS

Listing Map

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