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… Read More 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 Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
63
Last Updated
Property Type
Other
Beds
15
Square Ft.
5,439
Lot Size
0.22 Acres
Year Built
1963
MLS Number
26750675
30 Days Snapshot Of 90032
$687k
0%
(avg) sold price
0
-100%
homes sold
76
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Refrigerator", "Range/Oven"
Building
5,439 sq ft, Built in 1963, Levels: "Multi Levels", "Attached", "Mid-Century"
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