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Industrial Flex Building

5390 Alhambra Avenue, Los Angeles, CA 90032

For Sale
Contact for pricing

Multi-room configuration includes live/work space, loading access, and power for light manufacturing or assembly.

Property Size5,248 SF
Lot Size0.23 Acres
Price / SF$262
Days on Market98

Property Features for 5390 Alhambra Avenue

General Information

Standard status Active
Size 5,248 SF
Class C
Total Parking Spaces 3
Lot size 0.23 Acres
Property subtype Retail, Industrial, Special Purpose
Occupancy 100%

Site & Location

Neighborhood El Sereno
Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Dock-High Doors 1
Drive-In Doors 1
Power 200 amps
Voltage 120 V

Building Details

Year Built 1947
Buildings 2
Tenancy Multi
Building Size 5,248 SF
Listing Agency: Top Commercial Realty
Listed By: Linda Vidov · License #CA 1715788
Source: Crexi
Added: Aug 4 Changed: Oct 26 Last Checked: Nov 8 at 9:29AM

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 5,248-square-foot industrial flex property occupies approximately 10K square feet of land and is arranged across front and rear buildings. The front structure includes a live/work area with a bedroom, kitchen, living area, restroom, and direct connection to flex space; the area can also be converted to offices. The rear building contains several rooms, office space, two restrooms, distributed power, and areas suited to storage, light manufacturing, or assembly. Multiple 200 AMP 120 Volt panels serve both buildings.

An alley at the rear provides access through to each side street for loading and unloading. The site includes one exterior loading dock, one grade-level door, a small fenced rear yard, three front parking spaces, and street parking. Built in 1947, the property is near Downtown Los Angeles, adjacent to Pasadena, and close to the 10, 710, 60, and 210 freeways.

Key Highlights

  • 5,248 SF building on approximately 10K square feet of land
  • Front live/work area with bedroom, kitchen, living area, and restroom
  • Rear building includes multiple rooms, office area, and two restrooms

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
Office A
$2.19M
$1.92M – $2.56M (±1% cap)
NOI $153,377 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

NowSpace Art Gallery InviteSite Event Planning

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.

Lease Details

1
Dock-high doors
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

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

  • Tacos el Chavo al Carbon! — 5370 templeton st, los angeles, ca 90032
  • MV food service — 3563 Pueblo Ave, Los Angeles, CA 90032

Frequently Asked Questions

What type of property is this?
Flex space - Multi-room configuration includes live/work space, loading access, and power for light manufacturing or assembly.
Where is this flex space located?
The property is located at 5390 Alhambra Avenue 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 building on approximately 10K square feet of land; Front live/work area with bedroom, kitchen, living area, and restroom; Rear building includes multiple rooms, office area, and two restrooms
(626) 358-8287 · Office Call to check price and availability
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