5232 Alhambra Avenue Los Angeles, CA 90032

$1,500,000
5232 Alhambra Avenue, Los Angeles, CA 90032
BB18138994

Commercial Property for sale in Los Angeles, CA

for $1,500,000. This building was built in 1970 on a lot size of 3202.00 Sqft..

Property Information

  • $1,500,000
  • Commercial
  • Mixed Use
  • Active
  • Lot size of 3202.00 Sqft.
  • Built in 1970
  • Los Angeles, CA
  • El Sereno Neighborhood
  • Los Angeles County
  • MLS/Web ID is BB18138994

Description

5232 Alhambra Ave. is located in the City of Los Angeles. The subject property is an approximately 4867 SF two story renovated industrial building.Many improvements have been made for the growing of cannabis. The site is believed to be located in the 'Blue Zone', (industrial zone eligible for the indoor cultivation of cannabis). Newer improvements include 3 Phase 600 amp, central air (6 units), tankless water heater and 4 table areas. Upstairs office has ¾ bathroom with shower, recessed lights, tile floor and roof top patio.In addition there is an alarm system, and 1/2 bathroom and front and rear access with roll up doors. Property is great for an investor looking for an excellent cash flow opportunity. All information is to be verified by buyer.

Interior 2

Cooling System

  • Central Air
  • Other

Water Source

  • Public Water

Exterior 1

Lot Description

  • Rectangular Lot

† Excluded Feature

Listed By

Broker: DILBECK REAL ESTATE

5232 Alhambra Avenue, Los Angeles, CA, 90032 is a Commercial Property for sale at $1,500,000 with a lot size of 3202.00 Sqft.. 5232 Alhambra Avenue has 0.0 baths and was built in 1970. The property's zip code is 90032 which is in Los Angeles, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $1,985,790 32 % above $910,000 39 % below
Commerical listings in Los Angeles $1,146,766 24 % below $600,000 60 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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