5274 Ithaca Avenue
Property Overview
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
Home Details
- Property type
- Residential Income
- Year built
- 1963
- Living area
- 5,439 sq ft
- Lot size
- 9,604 sq ft
- Parking
- 10 spaces
- Days on market
- 80
- MLS status
- Active
Location & Neighborhood
Frequently Asked Questions About 5274 Ithaca Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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