5371 Alhambra Avenue, Los Angeles, CA, 90032

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$975,000
45 Days On Site

5371 Alhambra Avenue
Los Angeles, CA 90032

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1,538
SqFt
$634
/SqFt
1926
Built
County:
Los Angeles
Listed by Ivan Robles of Aspire Los Angeles ivan@aspirelosangeles.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
5371 Alhambra Avenue5371 Alhambra Avenue5371 Alhambra Avenue5371 Alhambra Avenue
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Rare opportunity to own one of El Sereno's most cherished and character filled properties, a truly unique mixed-use asset anchored by Holy Grounds Coffee & Tea, a beloved neighborhood institution since 2012.Lovingly cultivated over the years, this property is far more than a building it is a gathering place woven into the fabric of the community. Thoughtfully designed and full of charm, the commercial space exudes warmth and personality, with whimsical details, inviting interiors, and a beautiful outdoor patio featuring a tranquil fountain that has welcomed neighbors, artists, musicians, and families for over a decade. From open mic nights and live music to community events and everyday conversations over coffee, this space has become a true cultural anchor in El Sereno.The street-facing commercial space includes two bathrooms and a generous patio area, creating an ideal environment for restaurant or caf operations. Located within a Restaurant Beverage Program (RBP) Eligible Area, a future operator may pursue expanded alcohol service, subject to city approvals, offering meaningful upside potential for food and beverage concepts seeking to enhance revenue through alcohol sales.The commercial space is currently leased at $5,319.56 per month, with a lease secured through January 30, 2028 and 5% annual rent increases.Behind the storefront is a 2-bedroom, 1-bath residential unit currently leased at $2,500 per month.At the rear of the property is a bonus loft/work studio space to be delivered vacant at the close of escrow, offering flexible use and potential for future reconfiguration, subject to buyer verification of permits and allowable use.Current gross monthly income totals $7,819.56, equating to $93,834.72 annually.Zoned LAC2 and situated on a 5,013 square foot lot, this rare offering blends stable in-place income with long-term flexibility and character that is increasingly difficult to replicate. A truly special opportunity to own a soulful, income-producing property in the heart of El Sereno.Buyer to verify all permits, zoning, square footage, income, and use. Property is being sold in its present as-is condition. The list price has been strategically set to reflect the current state of the home.

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Listing Snapshot
Price 
$975,000
Days On Site 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,538 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1926
MLS® Number 
26876609
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1148
Levels 
Two
Parking 
Driveway
Special Circumstances 
Standard
SqFt Total 
1538
Zoning 
LAC2
Interior Features
Appliances 
DisposalDryerWasher
Heating 
Wall Furnace
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Community Features
MLS Area 
621 - El Sereno


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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