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
AGENT: William James LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 5274 Ithaca AV
Los Angeles, CA
Property Details
Price:
$1,650,000
MLS #:
26750675
Status:
Active
Beds:
15
Baths:
10
Type:
Single Family
Neighborhood:
621elsereno
Listed Date:
Apr 17, 2026
Finished Sq Ft:
5,439
Total Sq Ft:
5,439
Lot Size:
9,604 sqft / 0.22 acres (approx)
Year Built:
1963
Mid Century Modern621 – El Sereno621elserenoCity Lights
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Schools
Interior
Appliances
RF
Cooling
WW
Heating
WL
Levels
S
Exterior
Architectural Style
MCM
Common Walls
_1CW
Construction Materials
STC
Parking Spots
10
Parking Total
10
Security Features
SD, WB, COD
Spa Features
NO
View
CI
Financial
Gross Operating Income
$182,875
Net Operating Income
$119,342
Map
Community
- Address5274 Ithaca AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
