5063 Alhambra Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90032
This property represents a High-Potential Investment Opportunity, listed at a List Price of $578,000—positioned well below the $606,792 Fair Market Value by 4%. This valuation gap provides $28,792 in Instant Equity. Featuring LAC2 Zoning and a Condition Rating of 4, the home offers significant flexibility for commercial or residential development. While the interior is compact, its strategic urban location near Downtown Los Angeles ensures long-term demand. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5063 Alhambra Avenue Subject | $578,000* List Price | 2 | 1 | 720 | $843 | - |
A 5065 Alhambra Ave Active | $500,000 List Price | 2 | 1 | 886 | $564 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, the home features some updates to flooring and the kitchen that appear to be 15-20 years old. While clean and move-in ready, the presence of a portable AC unit indicates a lack of modern central HVAC, and the overall age suggests dated systems and a need for modernization.
The property is zoned LAC2, providing significant flexibility for future commercial, mixed-use, or high-density development opportunities, making it a prime asset for investors.
Situated with easy access to Downtown Los Angeles, major freeways, and local amenities, the home offers a highly convenient lifestyle for commuters and urban professionals.
Priced competitively for the Los Angeles market, this residence serves as an ideal entry point for first-time homebuyers looking to build equity in a growing area.
At only 720 square feet, the interior footprint is quite compact, which may pose challenges for growing families or those requiring significant storage and home office space.
The 2,433 square foot lot offers very little private outdoor space or yard area, potentially deterring buyers who prioritize gardening or outdoor entertaining.
Welcome to 5063 Alhambra Ave, a charming and cozy home offering comfort, convenience, and opportunity. Perfect for first-time homebuyers or a small family, this inviting residence features a functional layout with a warm and welcoming atmosphere. Whether you're looking to move right in or add your personal touches over time, this home provides an excellent canvas to make it your own. For investors or savvy homebuyers, the property is zoned LAC2, offering potential flexibility for a variety of future uses, including commercial, mixed-use, or other development opportunities subject to applicable zoning regulations, permits, and approvals. Conveniently located near shopping, dining, schools, parks, major freeways, and Downtown Los Angeles, it offers easy access to everything the city has to offer. Whether you're searching for your first home or your next investment opportunity, 5063 Alhambra Ave is a property you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 720 | 1,672 |
| Lot Size | 2,433 | 6,067 |
| Price | $578.0K | $1.37M |
| Price per sq ft | $803 | $801 |
| Built year | 1927 | 1939 |
| HOA | $0 | $348 |
| Days on market | 5 | 56 |
Jul 17, 2026
$578,000
Initial Listing
Nov 16, 2021
$499,000
Public Record
Feb 22, 2021
$400,000
Public Record