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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,600,000

Est. payment - /mo

15 Beds

10 Baths

5,439 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,439 sqft

Price per Sqft $294

MLS Listing ID 26750675

Bedrooms 15

HOA Y/N No

Year Built 1963

Lot Size 9,604 Sqft

Property Description

Located in the growing community of El Sereno, 5274 Ithaca Ave is a well-positioned 9-unit apartment building offered at$1,600,000. With a strong 8.14% 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

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned

Pool None

View Y/N Yes

View City Lights

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Multi/Split

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5217018005

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Special Listing Condition Standard

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Listed by William James Lyon Stahl Investment Real Estate, Inc. #01734419

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

5274 Ithaca AVE Los Angeles, CA 90032

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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