El Sereno Multifamily Investment
For Sale
Contact for pricing
5274 Ithaca Ave, Los Angeles, CA 90032
Nine-unit multifamily property in El Sereno with strong income potential.
Property Size5,439 SF
Price / SF$321.75
Days on Market651
Property Features for 5274 Ithaca Ave
General Information
Standard status
Active
Size
5,439 SF
Class
C
Property subtype
Multifamily
Zoning
LARD1.5
Building Details
Year Built
1963
Units
9
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Taylor Avakian · License #CA 02060040
Source:
Crexi
Added: Oct 29, 2024
Changed: Aug 8
Last Checked: May 13 at 8:24PM
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
Investment Insights
Based on property information with market context.
Located at 5274 Ithaca Ave in Los Angeles, this multifamily property presents a prime investment opportunity in the El Sereno neighborhood, northeast of Downtown LA and adjacent to the San Gabriel Valley. Constructed in 1963, the property features three separate structures on a large lot with alley access and enclosed garages. The property consists of nine units, each individually metered for utilities. The unit mix includes four two-bedroom, one-bath units; four one-bedroom, one-bath units; and one three-bedroom, one-bath unit. The property has an 89% occupancy rate and LARD1.5 zoning. Situated near major freeways and public transportation, the location provides convenient access to various destinations throughout Los Angeles. The El Sereno area is known for its growing arts scene, local eateries, and family-friendly environment.
Key Highlights
- Prime nine‑unit multifamily investment property in the desirable El Sereno neighborhood of Los Angeles.
- High occupancy rate (89%) provides strong current income.
- Diverse unit mix with four 2‑bed/1‑bath, four 1‑bed/1‑bath, and one 3‑bed/1‑bath.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-unit multifamily property in El Sereno with strong income 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 $1,750,000.
What are key features of this property?
This property features: Prime nine‑unit multifamily investment property in the desirable El Sereno neighborhood of Los Angeles.; High occupancy rate (89%) provides strong current income.; Diverse unit mix with four 2‑bed/1‑bath, four 1‑bed/1‑bath, and one 3‑bed/1‑bath.
