5501 Alhambra Ave., CA 90032 - SR22035827 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,200,000 $151.80 per sqft

Free Professional CMA

Listing ID : CNSR22035827

  • Lot Size

    7,905 Sqft
  • Year

    1933

Description

Calling all OWNER USERS/INVESTORS!!! Presenting this two-parcel, 5-unit investment opportunity at 5501 & 5505 Alhambra Ave. With over 3,200 sqft of Gross Building Area, the two parcels have a combined 7,905 sqft of lot space per assessor records. Whether as an income property or potential development opportunity on LAC2 ZONING, a diverse range of opportunities await to be unlocked by a lucky investor. The APNS are 5220023014 and 5220023015 for each lot. One parcel is home to the main building with one (1) retail storefront and (3) living units, with one (1) additional living unit located at the back of the property on the other parcel. The unit mix is (1) 1 Bed x 1 Bath, (2) 3 Bed x 1 Bath, (1) 2 Bed x 1 bath, and (1) retail unit. Per the seller, all 4 living units are on month-to-month leases, with great income in place. All buyers to perform their own investigations and due diligence. The exterior of the buildings has been recently repainted, with renovations done to the retail unit around 2014-2015. PLEASE DO NOT DISTURB TENANTS. DO NOT WALK THE PROPERTY.

Details

Type:
Subdivision: 621 - El Sereno 
County: Los Angeles 
Tax ID: 5220023014
Days on Market: 219 
Property Type: Commercial Sale 

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Interactive

$1,200,000 SR22035827
5501 Alhambra Ave., CA 90032
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Area Information 90032

Population:

47,380 Up .03% since 2010
Average Income:
$70,825
Average Age:
34Years
Gender:
49.35%Male
50.65%Female
Households:
13,28439.93% with children
Average Value:
$771,120
Occupancy:
46.33%Owned
53.67%Rented
5.42%Vacant
Education:
24.56%High School
7.94%Associate
11.45%Bachelor
4.32%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
17.15Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Aug 12, 2022
Transaction
Active - Commercial Multi-Residential (5+ units)CNSR22035827
Price
$1,200,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Anthony Kerimian with Tangible Realty

Based on information from the MLSListings MLS) as of 9/30/2022. 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. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 9/30/2022. 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. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes