5274 Ithaca Ave, Los Angeles, CA, 90032

USD 1,650,000
For Sale

Property Details

Bedrooms

15

Bathrooms

10

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 15 • Bathrooms: 10 • Square Feet: 5439 • Lot/Size: 9,604 sqft lot

Description: Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at$1,650,000. With a strong 7.23% Cap Rate and 8.59 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

Address

5274 Ithaca Ave, Los Angeles, CA, 90032

City

Los Angeles

Features and Finishes

Year Built: 1963; [object Object]; [object Object]; [object Object]

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