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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$1,600,000
Est. payment /mo
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15 Beds
10 Baths
5,439 SqFt
Price Dropped by $50K

5274 Ithaca AVE Los Angeles, CA 90032

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The Brandon Drew Group

The Brandon Drew Group

+1(909) 944-8800

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,439 sqft

Price per Sqft $294

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$1,600,000. 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

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by William James Lyon Stahl Investment Real Estate, Inc. #01734419

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5274 Ithaca AVE