5274 Ithaca Avenue, Los Angeles, CA 90032
5274 Ithaca Avenue, Los Angeles, CA 90032
5274 Ithaca Avenue, Los Angeles, CA 90032
5274 Ithaca Avenue, Los Angeles, CA 90032
5274 Ithaca Avenue, Los Angeles, CA 90032
5274 Ithaca Avenue, Los Angeles, CA 90032
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$ 1,600,000
Est. payment | /mo

5,439 SqFt


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$ 1,600,000
Est. payment | /mo
Save

5,439 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,439 sqft

Price per Sqft $294

MLS Listing ID CL26750675

HOA Y/N No

Year Built 1963

Lot Size 9,604 Sqft

Acres 0.2205

Property Sub-Type Other

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

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 5217018005

Bridge MLS
Listed by William James • Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

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5274 Ithaca Avenue