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Five-Unit Mixed-Use Property
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5501 Alhambra Ave, Los Angeles, CA 90032

Two adjacent parcels provide a mixed-use configuration with on-site parking along Alhambra Ave.

Property SizeContact for details
Days on Market142

Property Features for 5501 Alhambra Ave

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Office, Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 5.4%
Multifamily Units 5

Amenities

on-site parking lot

Building Details

Buildings 2
Listing Agency: The Arts District Group
Listed By: John Hanrahan · License #02018381
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Arts District Group

Investment Insights

Based on property information with market context.

This mixed-use property comprises 5 units across two adjacent parcels at 5501 and 5505 Alhambra Ave. The offering includes an on-site parking lot and is positioned along Alhambra Ave, a commercial thoroughfare connecting Alhambra with the Cal State University area. The property carries a stated 5.4% cap rate.

The location is near South Pasadena, Pasadena, Alhambra, Highland Park, Glendale, Lincoln Heights, and Downtown Los Angeles. Regional access includes the 710, 10, 110, and 5 freeways. The surrounding area includes retail, dining, coffee shops, schools, art galleries, service businesses, and nationally recognized tenants including Target, Costco, Starbucks, LA Fitness, Home Depot, Alhambra Mall, Keck, and USC. The property is also within 5 minutes of 10 universities and colleges and has an 85% walk score.

Key Highlights

  • 5‑unit mixed‑use property across two adjacent parcels
  • Stated 5.4% cap rate
  • On‑site parking lot for tenants

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Dental Office Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 90032, CA

43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent parcels provide a mixed-use configuration with on-site parking along Alhambra Ave.
Where is this mixed-use property located?
The property is located at 5501 Alhambra Ave Los Angeles, CA.
What are key features of this property?
This property features: 5‑unit mixed‑use property across two adjacent parcels; Stated 5.4% cap rate; On‑site parking lot for tenants
More about this property
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