5063 Alhambra, Alhambra, California 90032, Alhambra, 90032 - 2 bed, 1 bath
ACTIVE$699,000
5063 Alhambra, Alhambra, California 90032
2Beds
1Bath
720Sqft
2,433Lot
Year Built
1927
Close
-
List price
$699K
Original List price
$650K
Price/Sqft
$971
HOA
-
Days on market
-
Sold On
-
MLS number
SR25253547
Home ConditionGood
Features
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $699.0K(15th), sqft - 720(7th), beds - 2(38th), baths - 1(38th).
Located in the heart of Los Angeles, this is a great investment ,LAC2 zoning has been approved for 10 units great for investors or first time home buyers. Has been upgraded with hardwood floors,new kitchen cabinets, bathroom have been uograded. Owner will do the planning for 10 units as she is an Architect. Very motivated will review all offers. 2 BR, 2 BA. Seller is getting permits for the 1 BA. Property is sold in its present condition, no warranties or implied. Showings thru LB only, pls do not disturb occupants nor go direct.
Price History
Date
Event
Price
11/21/25
Price Change
$699,000+16.7%
11/14/25
Price Change
$599,000-7.8%
11/04/25
Listing
$650,000
Condition Rating
Good
The property, built in 1927, has undergone significant cosmetic upgrades, including new kitchen cabinets, modern stainless steel appliances, and updated flooring (laminate wood, described as hardwood). The kitchen appears clean and functional with a contemporary style. The description also notes an 'upgraded bathroom.' While these updates make the property move-in ready from an aesthetic standpoint, the original build year and the 'sold as-is' condition suggest that major systems (plumbing, electrical, HVAC) may not have been fully replaced or extensively renovated, preventing an 'Excellent' rating. The visible updates align with a property that has been extensively renovated within the last 5-15 years, making it 'Good' overall.
Pros & Cons
Pros
High Development Potential: LAC2 zoning has been approved for 10 units, offering significant upside for investors looking to maximize property value.
Architectural Planning Included: The owner, an architect, will provide planning for the 10 units, significantly reducing initial development costs and effort for the buyer.
Recent Interior Upgrades: The property features upgraded hardwood floors, new kitchen cabinets, and an upgraded bathroom, enhancing its immediate appeal and livability.
Strategic Location: Located in the heart of Los Angeles (Alhambra), providing desirable access and strong potential for appreciation.
Motivated Seller: The seller is 'very motivated' and will review all offers, suggesting potential for favorable negotiation.
Cons
Sold 'As-Is' Condition: The property is sold in its present condition with no warranties, placing the burden of potential repairs or hidden issues on the buyer.
Small Current Footprint: With 720 sqft and a 2433 sqft lot, the existing single-family residence is quite small, which may limit appeal for traditional homebuyers.
Showing Limitations: The property is occupied, with strict showing instructions ('do not disturb occupants'), which can complicate access and due diligence for potential buyers.