5 Unit Mixed Use Multifamily Retail Property For Sale
El Sereno, Los Angeles CA
We're pleased to present this exclusive 5-unit mixed-use multifamily investment opportunity located on two adjacent parcels in El Sereno, Los Angeles.
The property consists of four residential apartments and one ground-floor retail space, with a bonus unit offering potential to develop into a sixth rentable unit. All tenants are currently on month-to-month leases, creating immediate upside through rent increases and repositioning.
Strategically positioned on a prominent corner with frontage on Alhambra Ave, the property benefits from excellent visibility and accessibility. The large gated parking lot accommodates approximately eight vehicles.
This fully occupied asset offers value-add potential through rent increases, development opportunities, and repositioning strategies.
Located minutes from Downtown Los Angeles, Cal State University Los Angeles, South Pasadena, and Alhambra.
Nearby national retailers include Target, Costco, Starbucks, LA Fitness, Home Depot, and Alhambra Mall.
Excellent access to major freeways including the 10, 110, 710, and 5.
Walk Score: 85 — Highly walkable neighborhood.
Call 323-327-3686
or email john.m.hanrahan@gmail.com