5371 Alhambra Ave , Los Angeles, CA 90032
$1,010,000
Est. Payment: $5,082.16/mo
2 Bed
3 Bath
1538 Sqft
Status: active | Days on site: 56
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare opportunity to own one of El Sereno's most cherished and character filled properties, a truly unique mixed-use asset anchored by Holy Grounds Coffee & Tea, a beloved neighborhood institution since 2012.Lovingly cultivated over the years, this property is far more than a building it is a gathering place woven into the fabric of the community. Thoughtfully designed and full of charm, the commercial space exudes warmth and personality, with whimsical details, inviting interiors, and a beautiful outdoor patio featuring a tranquil fountain that has welcomed neighbors, artists, musicians, and families for over a decade. From open mic nights and live music to community events and everyday conversations over coffee, this space has become a true cultural anchor in El Sereno.The street-facing commercial space includes two bathrooms and a generous patio area, creating an ideal environment for restaurant or caf operations. Located within a Restaurant Beverage Program (RBP) Eligible Area, a future operator may pursue expanded alcohol service, subject to city approvals, offering meaningful upside potential for food and beverage concepts seeking to enhance revenue through alcohol sales.The commercial space is currently leased at $5,319.56 per month, with a lease secured through January 30, 2028 and 5% annual rent increases.Behind the storefront is a 2-bedroom, 1-bath residential unit currently leased at $2,500 per month.At the rear of the property is a bonus loft/work studio space to be delivered vacant at the close of escrow, offering flexible use and potential for future reconfiguration, subject to buyer verification of permits and allowable use.Current gross monthly income totals $7,819.56, equating to $93,834.72 annually.Zoned LAC2 and situated on a 5,013 square foot lot, this rare offering blends stable in-place income with long-term flexibility and character that is increasingly difficult to replicate. A truly special opportunity to own a soulful, income-producing property in the heart of El Sereno.Buyer to verify all permits, zoning, square footage, income, and use. Property is being sold in its present as-is condition. The list price has been strategically set to reflect the current state of the home.

Highlights

Listed by Ivan Robles , 323-872-6319 Aspire Los Angeles , 213-935-0050. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1926

County

Los Angeles

Area

621 - El Sereno

Listing ID

26652013

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:0
Appliances:Disposal

Exterior Features

Lot:No Land Lease
Garage Capacity:1
Zoning:LAC2
Others:2+ Total Units
Parking Features:Driveway
Principal Interest
$5,082
Taxes
$644

Home Price

$1,010,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$202,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,082.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,082.16 $643.88 $0.00 $5,726.04
Yearly $60,985.92 $7,726.50 $0.00 $68,712.42
Total $1,829,577.72 $231,795.00 $0.00 $2,061,372.72

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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