5474 Alhambra Ave, Los Angeles, CA 90032

5,412 SF | Industrial Building | Los Angeles, CA 90032 | $1,325,000 ($245/SF)

Asking Price $1,325,000

Property Type
Industrial
Price / Square Foot
$245

Listing Contacts

Derek L. Caldwell
Derek L. Caldwell
Jeremy Kipp
Jeremy Kipp
  • Property Info

Property Overview

This sale offers the opportunity to purchase an industrial warehouse in a well-traveled area of east Los Angeles. Featuring an open floor plan, a bow truss roof, and an 11’ clear height, the property has great character as well as attributes that provide for functionality. The property is to be delivered vacant at the close of escrow and is suitable for owner/users and investors.
The subject property, located at 5474 Alhambra Avenue, consists of a single parcel for a total of 5,081 square feet of land. The site has been improved with an industrial warehouse that has 5,412 square feet of rentable building area. Constructed in 1939, the building is of wood construction and features a beautiful bow truss roof. The roof has a clear height of 11’ to the underside of the beams and 16’ to the peak of the roof. The warehouse has an open floor plan providing clearspan space that is free of supporting posts in the middle of the work area. The building features approximately 1,400 square feet of 2-story office space which includes 3 offices, multiple restrooms, a shower and small built-in safe. A roll-up door has been installed on the front of the building that provides direct access to the warehouse from the street. Additionally, there is a ±24" dock-high roll-up door at the rear of the warehouse that can be accessed from the rear yard and alley. Floor drains have been installed in the warehouse in multiple locations. Utilities to the site include electricity, gas, water and sewer. Electrical service is by way of a single panel. Previously, a 200A, 240V, 1Ph panel was installed but is currently non-functional due to vandalism. Buyers should be aware that the building has deferred maintenance and will require a certain amount of investment to bring it back to its full potential.
Situated on Alhambra Avenue, east of Warwick Avenue, the subject property is in a well-traveled location in east Los Angeles with vehicles counts of approximately 17,000 per day. The site is in a central location and provides convenient access to downtown Los Angeles, Alhambra and the southern California freeway network. Zoning on the site is LAMR1 which is a flexible light industrial zoning designation that permits for numerous uses including industrial, commercial and live/work. Neighboring businesses along Alhambra Avenue include manufacturers, showrooms, offices, repair services, restaurants, retail and more.
5474 Alhambra Avenue offers the opportunity to purchase a character-rich warehouse with functional attributes. The building type, location and zoning make this property suitable for numerous businesses. For those who are willing to invest in bringing the building back to its full potential, the sale offers an attractive value-add deal with desirable underlying value. SBA financing is available to qualified buyers.

Property Details

Class
C
Year Built
1939
Stories
2
Property Subtype
Distribution, Showroom, Freestanding, Office Live/Work Unit
Lot Size (sq. ft)
5,227 SF

Highlights

  • 5,412 SF Warehouse – Industrial, Commercial or Live/Work
  • Bow Truss Roof with 11’ Clear Height and Open Floor Plan
  • Well-Traveled Location on Alhambra Ave
  • Flexible MR1 Zoning Allows Numerous Uses
  • Value-Add Deal with Desirable Underlying Value
  • SBA Financing Available

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].