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5197 Alhambra Ave 2,282 SF of Retail Space Available in Los Angeles, CA 90032
Highlights
- High visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,282 SF | 14’ | Negotiable | $43.53 CAD/SF/YR $3.63 CAD/SF/MO $99,336 CAD/YR $8,278 CAD/MO | Plus Electric |
1st Floor
Located along the active Alhambra Avenue corridor in the El Sereno neighborhood, 5197 Alhambra Ave offers a well-positioned retail opportunity that benefits from strong neighborhood visibility and consistent daily activity. This section of Alhambra Avenue serves as a connective retail spine between El Sereno, Alhambra, and South Pasadena, making it a convenient destination for local residents, commuters, and students from nearby institutions. The surrounding area features a diverse mix of long-standing neighborhood retailers, family-owned eateries, personal service businesses, and community-oriented shops that help maintain steady customer flow.
- Listed lease rate plus proportional share of electrical cost
- Fully Built-Out as Standard Retail Space
- Space In Need of Renovation
- High Ceilings
- Finished Ceilings: 14’
- Prime Location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,282 SF | Gross Leasable Area | 2,282 SF |
| Property Type | Retail | Year Built/Renovated | 1948/2022 |
| Total Space Available | 2,282 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,282 SF |
| Year Built/Renovated | 1948/2022 |
About the Property
El Sereno has seen notable residential reinvestment and demographic growth, contributing to rising demand for accessible retail, food and beverage offerings, specialty shops, and wellness-oriented services. The property’s location places future tenants within reach of a stable residential base, local schools, churches, and small business clusters that anchor daily foot traffic. Its walkable surroundings and adjacency to familiar neighborhood conveniences position the space as an appealing option for operators seeking to service an authentic local community.
Nearby Major Retailers
Presented by
Elsy Manzur Trust
5197 Alhambra Ave
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