5501-5505 Alhambra Ave - Apartments FOR SALE
Los Angeles, CA 90032 |
5501-5505 Alhambra Ave
Los Angeles, CA 90032
HIGHLIGHTS
- A rare two property assemblage, two adjacent properties for sale.
- A 5.38% CAP rate in place, a good CAP rate for the region
- Upgraded power panel, all units individually metered
- Mixed-use zoning, allows for retail or office in the front 850± SF unit
- All tenants are month to month: huge upsides in the rent after stabilization.
- 100% occupied in a high rental demand area, easy to rent location.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
5-Unit 2 Parcel Value-Add Investment
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential, Dormitory
TOTAL BUILDING SIZE
3240
STORIES
2
YEAR BUILT
1933
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5220-023-014,5220-023-015
