5274 Ithaca Ave, Los Angeles, CA 90032

Building Details

Year Built

1963

Listing agent William James

Listing office Lyon Stahl Investment Real Estate, Inc.

Listing date Apr 17, 2026

Source Milsteinestates

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

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Overview

This nine-unit apartment building includes (4) one-bedroom/one-bath units, (4) two-bedroom/one-bath units, and (1) three-bedroom/one-bath unit, with 5,439 square feet of living space. The offering is presented as having a stated 7.23% cap rate and 8.59 GRM. A large lot also presents ADU development potential, subject to buyer verification.

The property is located at 5274 Ithaca Ave in El Sereno, in a neighborhood described as growing, with convenient access to Downtown, Highland Park, and surrounding communities.

For investors seeking a multifamily asset with a varied unit mix, this building provides a straightforward, income-oriented structure. The existing composition can support tenant flexibility across studio-sized through larger layouts, while the large-lot ADU opportunity may appeal to buyers looking to evaluate additional development upside on-site. As always, due diligence is recommended to confirm assumptions related to the ADU and long-term feasibility.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.17114

Latitude

34.07558

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FAQs

What type of property is this?

Apartment building - Nine-unit residential income property with a mix of 1-, 2-, and 3-bedroom units and ADU potential.

Where is this apartment building located?

The property is located at 5274 Ithaca Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: 1963‑built 9‑unit apartment building in El Sereno at 5274 Ithaca Ave.; Unit mix: four 1‑bed/1‑bath, four 2‑bed/1‑bath, and one 3‑bed/1‑bath.; 5,439 sq ft of living space across the 9 units.