5371 Alhambra Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90032- Lincoln Heights
$1,010,000 USD
213-277-7247
5371 Alhambra Ave, Los Angeles, CA for Sale
$1,010,000 USD
Storefront Retail/Residential - FOR SALE
1/26
null | 6.5% Cap Rate

5371 Alhambra Ave
Los Angeles, CA 90032
Lincoln Heights


HIGHLIGHTS

  • Charming and unique property in El Sereno
  • Outdoor patio
  • Mixed use restaurant + residential property
  • Eligible for the Restaurant Beverage Program

OVERVIEW

5371 Alhambra Ave, Los Angeles, CA is a mixed-use property occupied by a café in the front commercial portion of the building and a residential tenant in the rear residential unit, providing existing income for an investor. The property is located along Alhambra Avenue, a well-traveled commercial corridor with easy access to major freeways, supporting strong visibility and customer accessibility. The site is minutes from California State University generating consistent traffic from students, faculty, and staff that benefits the café tenant. The property also falls within the Restaurant Beverage Program designated area, allowing the commercial tenant to pursue expanded alcohol service with an over the counter expedited permit. This designation provides meaningful upside potential for food and beverage concepts seeking to enhance revenue through alcohol sales and increases the leasability of the property. The residential component offers stable in-place income, further strengthening the asset’s long-term investment profile. Under C2 zoning, an investor is also able to convert the 528 sf garage into an ADU (please verify city code to confirm) for additional income on the property. *** CALL FOR OFFERS DEADLINE THURSDAY MARCH 5TH, 2025 ***

FOR SALE DETAILS

PRICE

$1,010,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holy Grounds Coffee & Tea

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LAC2

APN/PARCEL ID

5220-017-003

ASK ABOUT THIS PROPERTY

Julie ChavezUrbanlime Real EstateMore Info
213-277-7247

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Julie ChavezUrbanlime Real EstateMore Info
213-277-7247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.