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$1,700,000

Est. payment - /mo

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6 Beds

3 Baths

Active

5274 Ithaca Avenue Los Angeles, CA 90032

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25119731

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at $1,700,000. With a strong 7.92% 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Off Alhambra and Eastern

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5217018005

Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

5274 Ithaca Avenue Los Angeles, CA 90032

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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5274 Ithaca Avenue