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    5274 Ithaca Ave Los Angeles, CA 90032

    Sponsored
    For Sale
    $1,750,000
    Property size:
    5,439 SF
    Added:
    Dec 11, 2024
    Days on Market:
    399

    Property Features for 5274 Ithaca Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,439 SF
    Class
    C

    Building Details

    Year Built
    1963
    Units
    9

    HighLights

    • 5274 Ithaca Ave, Los Angeles, CA, in the El Sereno neighborhood, northeast of Downtown LA.
    • Nine‑unit multifamily apartment complex in three buildings.
    • 1963 construction with tenant‑focused amenities.
    • Unit mix: 4 (2bd/1ba), 4 (1bd/1ba), 1 (3bd/1ba).
    • 5,439 sq ft building on a 9,601 sq ft lot.
    • Enclosed garages and alley access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.171064
    Latitude
    34.0755192

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    FAQs

    Where is this multifamily property located?
    The property is located at 5274 Ithaca Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 5274 Ithaca Ave, Los Angeles, CA, in the El Sereno neighborhood, northeast of Downtown LA.; Nine-unit multifamily apartment complex in three buildings.; 1963 construction with tenant-focused amenities.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5274 Ithaca Ave Los Angeles, CA 90032
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