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… Read More 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 Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
15
Square Ft.
5,439
Lot Size
0.22 Acres
Year Built
1963
MLS Number
26750675
30 Days Snapshot Of 90032
$964k
+17%
(avg) sold price
6
+200%
homes sold
38
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
5,439 sq ft, Built in 1963, Levels: Multi/Split, Attached, Mid-Century
Cooling
Wall/Window
Disclosures
As Is
Exterior Features
Stucco
Fireplaces
None
Garage
Assigned
Heating
Wall
Lot
LotAcreage: 0.2205, LotSizeArea: 9,604, Single Lot, City
Miscellaneous
None
Parking
TotalParking: 10
Pool
PoolYN: False, None
Property
NumberOfUnits: 9, ViewDescription: City, ViewYN: 1, Zoning: LARD1.5
Spa
Has spa, None
Utilities
Gas
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