5274 Ithaca Ave, Los Angeles, CA 90032
5274 Ithaca Ave, Los Angeles, CA 90032
5274 Ithaca Ave, Los Angeles, CA 90032
14
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$1,650,000
Est. payment /mo
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15 Beds
10 Baths
5,439 SqFt
New

5274 Ithaca Ave Los Angeles, CA 90032

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,439 sqft

Price per Sqft $303

MLS Listing ID 26750675

Style Mid-Century

Bedrooms 15

Year Built 1963

Lot Size 9,604 Sqft

Acres 0.2205

Property Sub-Type Multi-Family

Property Description

Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at$1,650,000. With a strong 7.23% Cap Rate and 8.59 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

Location

State CA

County Los Angeles

Area El Sereno

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Assigned

Garage Spaces 10.0

Pool None

Waterfront Description None

View Y/N Yes

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Building

Lot Description Single Lot

Story 2

Architectural Style Mid-Century

Level or Stories Multi/Split

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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5274 Ithaca Ave