5274 Ithaca Avenue, Los Angeles, CA 90032
List Price: $1.65M
Listing Status: Active
0Days on Market: 8
15 Bedrooms · 10 Bathrooms · 5,439 sq ft
Property Type: ResidentialIncome
Year Built: 1963
Lot Size: 9,604 sq ft
Private Pool: Yes
MLS Number: 26750675
About This Property
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 provided by: William James DRE #01734419 310-425-9838 will@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26750675
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.