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For Sale

$765,000

2,500 sqft$306/sqft66 days on market

5254 Alhambra Avenue

Los Angeles, CA 90032

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

2,500

Square feet

1939

Built

Listing narrative

Description

5254 Alhambra Ave offers an exceptional investment or owner-user opportunity in El Sereno, one of Northeast Los Angeles' evolving commercial corridors. DELIVERED VACANT! This fantastic creative space is currently divided into 2 main areas: the front is currently used for events, pop-ups, etc. and the rear is used as a live-work creative studio with a small bedroom and back room that is separate from the main living/studio space. The building was originally one large area, and the dividing wall can be removed to restore it to one large commercial space if desired. Priced to sell, the property sits on an approximately 2,500 SF lot and features a 2,160 SF commercial building, plus an additional 300 SF bonus exterior storage (Buyer to verify). Upgraded interiors feature polished concrete floors, 2 skylights, 3 mini splits, 2 remodeled bathrooms, upgraded 3 phase electrical, and part of the roof has been replaced in the last 3 years. There is unofficial parking up against the building that could fit 3-4 cars. Located extremely close to Cal State LA and Alhambra, the property benefits from excellent access to surrounding restaurants, cafes, retail, and neighborhood businesses. This would make a phenomenal art or creative studio, gallery, showroom, office, retail, industrial, warehouse, and more! Call for a full marketing package.

Listing agent (MLS): Dana Coronado · Listing brokerage (MLS): Compass

Property Details

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Price

$765,000

Beds

Beds n/a

Type

Commercial

Home Size

2,500 sqft

Baths

Baths n/a

Lot Size

2,500 sqft

Year

1939

Status

For Sale

Days on Market

66

$ / Sqft

$306

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass