
5274 Ithaca Ave Los Angeles, CA 90032
El Sereno NeighborhoodEstimated payment $10,945/month
Highlights
- Hiking Trails
- Abraham Lincoln High School Rated A
- Park
About This Home
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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 05/29/2025

Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #01748556
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 9,604 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Interior Spaces
- 5,439 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 285
- Tax Tract Number 6900
- Assessor Parcel Number 5217018005
- $1,268 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 9 Units
Recreation
- Park
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $71,140
- Gross Income $212,063
- Net Operating Income $134,561
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $1,700,000 | -- | $313 / Sq Ft |
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