Back

1 of 36

2 of 36

3 of 36

4 of 36

5 of 36

6 of 36

7 of 36

8 of 36

9 of 36

10 of 36

11 of 36

12 of 36

13 of 36

14 of 36

15 of 36

16 of 36

17 of 36

18 of 36

19 of 36

20 of 36

21 of 36

22 of 36

23 of 36

24 of 36

25 of 36

26 of 36

27 of 36

28 of 36

29 of 36

30 of 36

31 of 36

32 of 36

33 of 36

34 of 36

35 of 36

36 of 36

5501 Alhambra Ave
Los Angeles, CA 90032 Lincoln Heights

$1,100,000 USD

Apartments For Sale • 3,240 SF

Property Details

Property Type Apartments
Total Building Size 3,240 SF
Lot Size 0.18 AC
Building Class C
Year Built 1933
Zoning C2

44 Transit Score

70 Walk Score

                
                    Highlights
                
                                The property presents a substantial value-add opportunity with approximately 70% rental upside. 
                            
                                First time on the market in multiple decades.
                            
                                Ample parking: gated, secured, and walled parking. 
                            
                                Centrally located, two minutes to Keck Medical Center of USC and Cal State Los Angeles, 3 miles from Downtown LA.
                            
                                Strong rental demand, easy-to-rent area. A dense renter submarket, 100% occupied today.
                            
                                Approximately 70% rental upside, at projected market rents, the property will stabilize at a 10% CAP.

Amenities

Air Conditioning
Dishwasher
Disposal
Heating
Satellite TV
Den
Pantry

Public Transportation

Commuter Rail	Drive	Walk	Distance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.1 mi
Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains)	13 min	-	9.6 mi
Airport	Drive	Walk	Distance
Bob Hope	28 min	-	19.2 mi
Los Angeles International	35 min	-	21.8 mi
Long Beach (Daugherty Field)	31 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

John Hanrahan 323-327-3686 John Hanrahan

5501 Alhambra Ave Los Angeles, CA 90032 Lincoln Heights