5274 Ithaca Avenue, Los Angeles, CA 90032

$1,650,000 Approx. USD 15 beds, 10 baths
5,439 sqft

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Brochure

Photo of Julia Shannon

Marketed By Julia Shannon REALTOR® - Sales Associate 714-376-6768 m
949-565-8862 f
Lic#: 02030794
NRDS ID: 205566727
JuliaShannon@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Agent Remarks

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

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26750675

Price: $1,650,000

Beds: 15

Baths: 10

None fireplaces

Built in 1963

5,439 sqft

0.22 acres

Lot size: 0.2205