$1,600,000 $8,589 est/mo Sourced by Back At You
5274 Ithaca Avenue,Los Angeles, CA 90032
Los Angeles, CA 90032
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
Details
| MLS # | 26750675 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 126 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | William James |
Features
| Bed(s) | 15 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 5,439 |
| Story(s) | 2 |
| Units | 9 |
| Building(s) | 3 |
| Zoning | LARD1.5 |
| Acreage | 0.22 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Smoke Detectors, Window Bars |
|---|---|
| Construction Materials | Stucco |
Parking
| Parking Features | Assigned |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $1,600,000 low | high Med: $1,074,500 sqft: 5,439 low | high Med: 2,208 $ / sqft: $294 low | high Med: $566 On site: 126 low | high Med: 219 | |
Market Activity 90032
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90032 |
| Area | 621 El Sereno |
| Listing VS Median (in 90032) | |
Price: $1,600,000 low | high Med: $1,074,500 sqft: 5,439 low | high Med: 2,208 $ / sqft: $294 low | high Med: $566 On site: 126 low | high Med: 219 | |
Nearby Listings (Within 1/4 mile)
Price: $1.2M - $2M
sqft: 4,000 - 6,500
Listing Updated: July 9, 2026 at 3:56:17 PM PDT