Thank you
Laura Ruvalcaba
RE/MAX TOP PRODUCERS
909-590-8853
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.
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Water Source : Public
Sewer : Unknown
Year Built: 1933
Building Area Total: 2,870
None
Stacked
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0629
Lot Size Source: Assessor
Lot Size Square Feet: 2740
Original List Price: 988,888
Listing Contract Date: 2024-04-17
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5220023014
Garage Description: Driveway
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 621 - El Sereno
Postal Code Plus 4: 3105
Directions: Covina St/ Alhambra Ave
Zoning: LAC2
Source Property Type: Residential Income
Area: 621 - El Sereno
Property SubType: Mixed Use
Property Age: 91
Common Walls: 1 Common Wall
Structure Type: Mixed Use
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5042 Williams Place, Los Angeles, CA,90032 | $300,000 | -- | -- | -- | 4840 Sqft |
5054 5042 Williams Place, Los Angeles, CA,90032 | $600,000 | -- | -- | -- | 9680 Sqft |
2227 Brawley Street, Los Angeles, CA,90032 | $1,990,000 | -- | -- | -- | 249892 Sqft |
3509 Galena Street, Los Angeles, CA,90032 | $645,000 | 2 | 1 | 750 | 2628 Sqft |
4941 O Sullivan Dr, Los Angeles, CA,90032 | $149,000 | -- | -- | -- | 9071 Sqft |
4018 E Rising Drive, Los Angeles, CA,90032 | $89,000 | -- | -- | -- | 9328 Sqft |
4012 E Rising Drive, Los Angeles, CA,90032 | $55,000 | -- | -- | -- | 6044 Sqft |
4361 Otero Drive, Los Angeles, CA,90032 | $45,000 | -- | -- | -- | 3751 Sqft |
4371 Otero Drive, Los Angeles, CA,90032 | $45,000 | -- | -- | -- | 4320 Sqft |
2842 N Forest Park Drive, Los Angeles, CA,90032 | $79,000 | -- | -- | -- | 7293 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 05:43
MLS: CV24076907
LISTED BY: Laura Ruvalcaba, RE/MAX TOP PRODUCERS
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.