5274 Ithaca Avenue, Los Angeles, CA 90032 - MLS#SB25119731

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,700,000

Est. payment - /mo

6 Beds

3 Baths

9,604 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25119731

Bedrooms 6

HOA Y/N No

Lot Size 9,604 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at $1,700,000. With a strong 7.92% 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.
Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at $1,700,000. With a strong 7.92% 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.

Location

State CA

County Los Angeles

Area Los Angeles (90032)

Zoning Assessor

Building

Story 2

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $105

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,510

Listing Terms Cash, Conventional, Exchange

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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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5274 Ithaca Avenue Los Angeles, CA 90032

Nicole Hazelton

Key Details

Location

Building

Others

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