This Office Property is Off-Market.

5404 Alhambra Ave
Los Angeles, CA 90032 ·

8,250 SF · Office For Sale

N/A

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Alhambra 4 Units / Warehouse / Flex Space

Price N/A Property Use Type Vacant/Owner-User
Building Size 8,250 SF Commission Split 2.5%
Property Type Office Building Class C
Property Sub-type Office-Warehouse
Listing ID: 18375212 Date Created: 09/26/2013 Last Updated: 12/06/2013

Description

REDUCED! Submit ALL offers as seller will review and resound to all offers. 8650 SF structure available with over 20 Foot Ceilings that can be used as a warehouse, office space, showroom, work & live, or combo Flex Space. Property is on a high visibility street with parking behind the structure and ample street parking. Presently, the structure has been divided into 4 separate units that consist of (1) Address 5404 ~2,500 SF Office being rented for $3,000.00 per month (1) 5404 A ~ 2,500 SF Office Space being rented for $1,300 (2) 5404 B ~ 1,500 SF Office being rented for $1,400 per month. (3) 5404 C ~ 1,500 SF Warehouse is presently vacant. There is a 650 SF enclosed attached Warehouse that is adjacent to Unit 5404. Each unit has central heat & air, it's own meter, and loading dock. Present GRI is $68,400.00, NOI 49419.96, Cap Rate 5.1% Pro Forma GRI is $108990.00, NOI is $60189.96, Cap Rate of 6.2%. Property is conveniently and efficiently located MINUTES from the 710 & 10 Freeway interchange and minutes from Los Angeles & the San Gabriel Valley.

Cross streets are Alhambra Ave and Hollister Ave.

Research

5404 Alhambra Ave, Los Angeles, CA 90032 (Los Angeles County)

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