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5065 Alhambra Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath

5065 Alhambra Avenue, Los Angeles, California 90032 home-pic-0
ACTIVE$699,000
5065 Alhambra Avenue, Los Angeles, California 90032
2Beds
1Bath
886Sqft
2,608Lot
Year Built
1925
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$789
HOA
-
Days on market
-
Sold On
-
MLS number
GD25200562
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $699.0K(15th), sqft - 886(15th), beds - 2(38th), baths - 1(38th).

Welcome to 5065 Alhambra Avenue, a prime fixer-upper opportunity with endless potential. This property is ready for a creative vision—perfect for investors, contractors, or buyers looking to customize and add value. Located in a central Los Angeles neighborhood, it offers convenient access to schools, shopping, and major freeways. Please note: the property is tenant-occupied. All showings are by appointment only. Contact the listing agent to schedule a viewing—do not disturb occupants. Don’t miss this chance to bring your ideas to life and unlock the potential of this unique property.

Price History

Date
Event
Price
09/05/25
Listing
$699,000
03/23/05
Sold
$240,000
Condition Rating
Poor
Built in 1925, this property is explicitly marketed as a 'prime fixer-upper opportunity' ready for 'a creative vision' and for buyers 'looking to customize and add value.' This language, combined with its age, strongly indicates that the property requires substantial repairs and rehabilitation, including likely major system overhauls and complete interior renovations. Without interior images, specific conditions of the kitchen, bathrooms, appliances, and finishes cannot be assessed, but the 'fixer-upper' designation for a nearly 100-year-old home implies they are in very poor, outdated, or non-functional condition, aligning with the 'Poor' category's criteria for significant defects and discomfort in its current state.
Pros & Cons

Pros

Prime Los Angeles Location: Situated in a central Los Angeles neighborhood, offering convenient access to schools, shopping, and major freeways, enhancing its long-term appeal and potential appreciation.
Significant Value-Add Potential: Explicitly marketed as a 'prime fixer-upper opportunity' with 'endless potential,' ideal for investors, contractors, or buyers looking to customize and build substantial equity.
Desirable City Lights View: The property boasts a sought-after 'City Lights' view, adding a premium aesthetic and enhancing its marketability.
Single-Family Home Status: As a detached single-family residence, it appeals to a broad buyer pool seeking privacy and independent living in a competitive urban market.
Accessible Price Point for LA: Priced at $699,000, it represents a relatively accessible entry point for a single-family home in a central Los Angeles location, especially for those willing to undertake renovations.

Cons

Extensive Renovation Required: Described as a 'fixer-upper,' indicating the property will require significant financial investment and time for necessary repairs, upgrades, and modernization.
Tenant Occupancy & Showing Limitations: The property is tenant-occupied, requiring showings by appointment only and prohibiting disturbance of occupants, which can complicate and limit buyer access and interest.
Limited Property Size: With 886 sqft of living space and a 2608 sqft lot, the property is relatively small, which may not meet the needs or preferences of all potential buyers seeking more spacious living.

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