5274 Ithaca Ave, Los Angeles, CA 90032
- $1,600,000
- 15
- BD
- 10
- BA
- 5,439
- SqFt
- List Price
- $1,600,000
- Price Change
- ▼ $50,000 1783378338
- MLS#
- 26750675
- Year Built
- 1963
- Bedrooms
- 15
- Bathrooms
- 10
- Living Sq. Ft
- 5,439
- Lot Size
- 9,604
- Lot Location
- City
- Days on Market
- 103
- Property Type
- Multifamily
- Style
- Mid-Century
- Stories
- 2
Property Description
Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at$1,600,000. With a strong 8.14% Cap Rate and 8.03 GRM, this property provides immediate income along with long-term potential. The unit mix includes (1) 3-bed/1-bath, (4) 2-bed/1-bath, and (4) 1-bed/1-bath units spread across 5,439 square feet of living space. A large lot offers ADU development potential for added upside (buyer to verify). An excellent investment in a rapidly developing pocket of Northeast LA, with convenient access to Downtown, Highland Park, and surrounding neighborhoods
Additional Information
- Lot Description
- Single Lot
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall/Window
- View
- City
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Assigned
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Courtesy of Lyon Stahl Investment Real Estate, Inc., William James - CA DRE#01734419
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