5501 Alhambra Avenue Los Angeles, CA ^$ 988,888

5501 Alhambra Avenue

^$ 988,888

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Recently Listed

5501 Alhambra Avenue

Los Angeles, CA, 90032

^$ 988,888

Bedrooms9 Baths5.0 Sq 2,870

Monthly Estimate*

^$ 6,908

Listed by RE/MAX TOP PRODUCERS

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Multi-Family Home for sale in Los Angeles, CA

for $988,888 with 9 bedrooms and 5 full baths. This 2,870 square foot home was built in 1933 on a lot size of 0.0629.

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.

Multi-Family Active

Price

^$ 988,888

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.0629

Year Built

1933

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24076907

Days on Market

Features

General

Sewer Unknown

Zoning LAC2

Garage Spaces 0.0

Pool Features None

Year Built 1933

Tenant Pays Electricity Gas

Property SubType MixedUse

Gross Income 0.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 0.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Covina St/ Alhambra Ave

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area 621 - El Sereno

Lot Size Square Feet 2740.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Alhambra

Listing Terms Cash Conventional Submit

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 3

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 23

Property Sub Type Additional MixedUse

Exterior

Parking Features Driveway

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 2740.0

Number of Buildings 1

Spa N

Building Area Total 2870.0

Lot Size Acres 0.0629

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Stacked

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5501

* Excluded Features

List By

Re/Max Top Producers

Broker

(909) 590-8853

Phone

Affordability Calculator

$6,908

Per Month

Monthly Principal & Interest: $6,908
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 105%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/18/2024	$988,888		Listed Price

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5501 Alhambra Avenue, Los Angeles, CA, 90032 is a Multi-Family Home for sale at $988,888 with 2,870 sqft and a lot size of 0.0629. 5501 Alhambra Avenue has 9 bedrooms, 5.0 baths, and was built in 1933. The property's zip code is 90032 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5501 Alhambra Avenue

Multi-Family Home for sale in Los Angeles, CA

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