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5501-5505 Alhambra Ave
Los Angeles, CA 90032
5-Unit 2 Parcel Value-Add Investment · Multifamily Property For Sale
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5 Units
Investment Highlights
- A rare two property assemblage, two adjacent properties for sale.
- Upgraded power panel, all units individually metered
- All tenants are month to month: huge upsides in the rent after stabilization.
- A 5.38% CAP rate in place, a good CAP rate for the region
- Mixed-use zoning, allows for retail or office in the front 850± SF unit
- 100% occupied in a high rental demand area, easy to rent location.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Satellite TV
- Den
- Garden
- Pantry
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $1,875 | 750 |
| 2+1 | 1 | $1,195 | 580 - 620 |
| 1+1 | 1 | $1,045 | 370 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $255,903 | |
| Land Assessment | $248,794 | Total Assessment | $504,697 |
Property Taxes
Parcel Numbers
Land Assessment
$248,794
Improvements Assessment
$255,903
Total Assessment
$504,697
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