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5501 Alhambra Ave
Los Angeles, CA 90032
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 5501-5505 Alhambra Avenue presents a value-add opportunity with approximately 50%-70% rental upside.
- The property offers ample parking that is gated, private, secured, and walled.
- The area has strong rental demand and is easy-to-rent as it is a dense renter submarket.
- High IRR projected after building fully stabilized.
- The site is centrally located two minutes from Keck Medical Center of USC and Cal State Los Angeles, and three miles from Downtown LA.
- A rare opportunity as this is the first time the property has been on the market in decades.
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 |
|---|---|---|---|
| 2+1 | 2 | $1,070 | 550 - 650 |
| 3+1 | 3 | $1,650 | 650 - 750 |
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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