5274 Ithaca Ave, Los Angeles, CA, 90032
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Property Details
15
10
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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