$1,650,000

Estimated payment $10,633/month

Total Views 2,860
15 Beds
10 Baths
5,439 Sq Ft
$303 Price per Sq Ft

Highlights

  • City View
  • Lincoln High School Rated A-
  • Midcentury Modern Architecture

About This Home

Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at$1,650,000. 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

Listing Agent

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 04/17/2026

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Peter James

Lyon Stahl Investment Real Estate, Inc. License #01748556

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Home Design

  • Midcentury Modern Architecture
  • Stucco

Interior Spaces

  • 5,439 Sq Ft Home
  • 2-Story Property
  • City Views
  • Oven or Range

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Additional Features

  • 9,604 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5217-018-005

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • Rent Control
  • Vacancy Allowance $9,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

9,604 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 5439
  • Lot Acreage: 0.2205
  • Price Per Unit: 183333.00
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Common Walls: Attached
  • Total Bathrooms: 10.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 303.36

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 10

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Window Bars, Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 35.02
  • Assessed Improvement Value: 574601
  • Assessed Land Percent: 64.98
  • Assessed Land Value: 1066143
  • Total Assessed Value: 1640744
  • Assessor Parcel Number: 5217-018-005
  • Lot Description: Single Lot
  • Lot Location: City
  • Lot Size Area: 9604

Rental Info

  • Total Actual Rent: 192025.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.59
  • Number Of Units: 9
  • Rent Control: 100
  • Type Of Units: Multifamily
  • Vacancy Allow: 9625
  • Vacancy Allow Percent: 5.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,852 $1,640,744 $1,066,143 $574,601
2024 $20,566 $1,608,574 $1,045,239 $563,335
2023 $20,183 $1,577,035 $1,024,745 $552,290
2022 $19,278 $1,546,113 $1,004,652 $541,461
2021 $19,030 $1,515,798 $984,953 $530,845
2020 $19,215 $1,500,256 $974,854 $525,402
2019 $18,482 $1,470,840 $955,740 $515,100
2018 $13,964 $1,079,552 $571,432 $508,120
2016 $13,288 $1,037,634 $549,244 $488,390
2015 $13,104 $1,022,048 $540,994 $481,054
2014 $13,200 $1,002,028 $530,397 $471,631
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2026 04/17/26 For Sale $1,650,000 -- $303 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26750675

The MLS
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