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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$1,700,000
Est. payment /mo
9,604 Sqft Lot
Active
5274 Ithaca AVE Los Angeles, CA 90032
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25119731
Year Built 1963
Lot Size 9,604 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Interior
Laundry None
Exterior
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5217018005
Special Listing Condition Not Applicable
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