5274 Ithaca Ave Los Angeles, CA 90032
Nine-unit multifamily property in El Sereno with strong income potential.
Type:Multifamily
Property size:
5,439 SF- Added:
- Oct 29, 2024
- Days on Market:
- 535
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 5274 Ithaca Ave
General Information
- Standard status
- Active
- Size
- 5,439 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1963
Listing agent Taylor Avakian License #CA 02060040
Listing office Lyon Stahl Investment Real Estate
Listing date Oct 29, 2024
Source Crexi
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
Overview
El Sereno Multifamily Investment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
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 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.
