5371 Alhambra Avenue
Los Angeles, CA, 90032 $ 1,010,000
Baths1.0 Sq 1,538 Monthly Estimate*
$ 6,219
Listed by Aspire Los Angeles
Studio for $1,010,000 with 1 full bath. This 1,538 square foot home was built in 1926 on a lot size of 0.1148.
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.
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FeaturesGeneralLiving Area 1538
Heating None
Cooling None
Appliances Disposal
Zoning LAC2
Year Built 1926
Stories Count 2
Levels Two
Gross Income 126000
County Los Angeles
Net Operating Income 65620
New Construction false
Property Type Residential Income
HOA false
Other Structures Shed(s)
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions East of 5 freeway. Eat on Alhambra. Property on left.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 2
MLS Area 621 - El Sereno
Lot Size Units Square Feet
Lot Size Square Feet 5002
Number of Units Leased 2
Standard Status Active
Taxes 12500
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InteriorTotal Stories 0
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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ExteriorParking Features Driveway
Total Parking 1
Lot Size Area 5002
Number of Buildings 1
Building Area Total 1538
Lot Size Acres 0.1148
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* Excluded FeaturesList Byivan@aspirelosangeles.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,219
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,837,566
Percent of Sale Price 82%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/17/2026 | $1,010,000 | 0.05% | Price Up |
| 2/14/2026 | $1,009,538 | | Listed Price |