14
See all 14 photos
$1,650,000
Est. payment /mo
15 Beds
10 Baths
5,439 SqFt
New
5274 Ithaca AVE Los Angeles, CA 90032
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,439 sqft
Price per Sqft $303
MLS Listing ID 26750675
Bedrooms 15
HOA Y/N No
Year Built 1963
Lot Size 9,604 Sqft
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 621 - El Sereno
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Assigned
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 10
Private Pool No
Building
Story 2
Entry Level Multi/Split
Architectural Style Mid-Century Modern
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5217018005
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Special Listing Condition Standard
Listed by William James Lyon Stahl Investment Real Estate, Inc. #01734419
Nearby Locations
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