$1,700,000
0.22 Acre Lot

5274 Ithaca Avenue, Los Angeles, California 90032

  • Residential Income Property Type
  • 1963 Year Built
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.

Basic Details
Residential Income
For Sale
SB25119731
$1,700,000
1963
0.22 Acre
Active
Apartment
Features
: None
: None
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90032
Ithaca
5274
Avenue
Off Alhambra and Eastern
621 - El Sereno
LARD1.5
Additional Information
$0
$0
$0
$0
$0
5439
: Park, Biking, Hiking
1
4.0
: 0-1 Unit/Acre
9
2025-05-29
2
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Aaron Jacobson
Listing Information
Peter James
CLW-C138168
CLW-X82195
Lyon Stahl Investment Real Estate, Inc.
SBJACOAAR
SB1310620
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Active
2025-05-29T17:52:36Z
CRMLS
: Standard
2025-05-29T10:30:30Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069