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.
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.
Property Details
Price:
$1,700,000
MLS #:
SB25119731
Status:
Active
Baths:
0
Address:
5274 Ithaca Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
May 29, 2025
State:
CA
ZIP:
90032
Lot Size:
9,604 sqft / 0.22 acres (approx)
Year Built:
1963
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Schools
Interior
Exterior
Community Features
Biking, Hiking, Park
Garage Spaces
4.00
Lot Features
0-1 Unit/ Acre
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address5274 Ithaca Avenue Los Angeles CA
- Area621 – El Sereno
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.5274 Ithaca Avenue
Los Angeles, CA
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