5274 Ithaca Ave Los Angeles, CA 90032
El Sereno NeighborhoodEstimated payment $10,462/month
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
Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 04/17/2026
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $20,566 | $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 |
Property History
| 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
MLS Number: 26750675
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Ask me questions while you tour the home.