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Holy Grounds Coffee & Tea 5371 Alhambra Ave 1,538 SF 100% Leased Retail Building Los Angeles, CA 90032 $1,010,000 ($656.70/SF) 6.50% Cap Rate



Investment Highlights
- Charming and unique property in El Sereno
- Mixed use restaurant + residential property
- Outdoor patio
- Eligible for the Restaurant Beverage Program
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,538 SF
Building Class
B
Year Built
1926
Price
$1,010,000
Price Per SF
$656.70
Cap Rate
6.50%
NOI
$65,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.12 AC
Zoning
LAC2 - Commerical
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Holy Grounds Coffee and Tea
- Accommodation and Food Services
- 623 SF
- -
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Holy Grounds Coffee and Tea | Accommodation and Food Services | 623 SF | - | Modified Gross | - |
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5220-017-003 | Improvements Assessment | $187,561 |
| Land Assessment | $348,337 | Total Assessment | $535,898 |
Property Taxes
Parcel Number
5220-017-003
Land Assessment
$348,337
Improvements Assessment
$187,561
Total Assessment
$535,898
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Holy Grounds Coffee & Tea | 5371 Alhambra Ave
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