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5,412 SF Warehouse - Industrial or Live/Work 5474 Alhambra Ave

5,412 SF Industrial Building Los Angeles, CA 90032 £1,046,763 (£193/SF)

Investment Highlights

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

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,046,763
Price Per SF £193
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Showroom
  • General Retail Freestanding
  • Office Office Live Work Unit
Building Class C
Lot Size 0.12 AC
Rentable Building Area 5,412 SF
Number of Floors 2
Year Built 1939
Tenancy Single
Clear Ceiling Height 11 ft

Amenities

  • 24 Hour Access
  • Floor Drains
  • Mezzanine
  • Signage
  • Roof Lights
  • Yard
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5220-029-021
Land Assessment
£41,691
Improvements Assessment
£39,856
Total Assessment
£81,547

zoning

Zoning Code LAMR1 (Flexible light industrial zoning designation that permits for numerous uses including industrial, commercial and live/work.)
LAMR1 (Flexible light industrial zoning designation that permits for numerous uses including industrial, commercial and live/work.)
  • Listing ID: 32159467

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 5474 Alhambra Ave, Los Angeles, CA 90032

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