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Freestanding Flex Building

5390-5396 Alhambra Ave, Los Angeles, CA 90032

For Sale
Contact for pricing

Live/work configuration with loading access, elevated clear height, and proximity to multiple regional freeways.

Property Size5,248 SF
Price / SF$262
Days on Market97

Property Features for 5390-5396 Alhambra Ave

General Information

Standard status Active
Size 5,248 SF
Property subtype INDUSTRIAL

Site & Location

Neighborhood El Sereno
Listing Agency: Top Commercial Realty
Listed By: Linda Vidov · License #1715788
Source: Moodyscre
Added: Aug 4 Changed: Oct 25 Last Checked: Nov 6 at 8:27AM

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 Top Commercial Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding flex building contains 5,248 square feet on 10K SF of land. The property is currently configured for live/work use, with potential to convert back to office space. Building features include 1 GL door, 1 DH loading area, 10'-12' clear height, and multiple 200 Amp 120 Volt panels.

The property is located at 5390-5396 Alhambra Ave in Los Angeles, with close access to the 10, 710, 60, and 210 freeways. Current occupancy consists of 2 tenants on MTM arrangements, with the building described as vacant at COE.

Key Highlights

  • 5,248 SF freestanding building on 10K SF of land
  • Live/work configuration with potential conversion back to office use
  • 1 GL door and 1 DH loading area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$124,568
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,491,360 $2.5M
Cap Rate 7%
$1,779,543 $1.8M
Cap Rate 9%
$1,384,089 $1.4M
Market Conditions
NOI Build-Up for 5,248 SF
Gross rent
$204.0K $38.88/SF
− Vacancy
−$38.0K −$7.23/SF
EGI
$166.1K $31.65/SF
− OpEx
−$41.5K −$7.91/SF
NOI
$124.6K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,491,360
Cap Rate 7%
$1,779,543
Cap Rate 9%
$1,384,089

Alternative Uses

Best Use
Office B
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,568 @ 7.0% cap · market cap 9.06%
Second Best
Mixed Use
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,272 @ 7.0% cap · market cap 7.73%
Theoretical Best
Multifamily LT 5
$106.32M
$93.03M – $124.04M (±1% cap)
NOI $7,442,493 @ 7.0% cap · market cap 541.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply

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

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby
Under-served
Demand for This Use

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

Average Price Trend$/SF for Flex space in Los Angeles, CA

$502 Jul
$444 Aug
$560 Sep
$524 Oct

Properties on Market for Flex space in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Live/work configuration with loading access, elevated clear height, and proximity to multiple regional freeways.
Where is this flex space located?
The property is located at 5390-5396 Alhambra Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 5,248 SF freestanding building on 10K SF of land; Live/work configuration with potential conversion back to office use; 1 GL door and 1 DH loading area
(626) 399-3715 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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