5274 Ithaca Avenue, Los Angeles, CA 90032
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
5274 Ithaca Avenue,Los Angeles, CA 90032
$1,495,000
- 15 Beds
- 10 Baths
- 5,439 sq. ft.
- Multi-family
- Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26750675
Source:CRMLS
Price summary
- Price:$1,495,000
- Price per sq. ft.:$274.87
About this home
The James Group is pleased to present 5274 Ithaca Ave, a 9 unit apartment offering in the established Eastside neighborhood of El Sereno. Built in 1963, the property has a desirable unit mix including (1) 3 bed / 1 bath, (4) 2 bed / 1 bath, and (4) 1 bed / 1 bath units spread out over 5,439 square feet, and sits on a generous 9,601 square foot LARD1.5 zoned lot. 5274 Ithaca is a value-add opportunity with approximately 22% upside in rents, giving a future investor a clear path to grow income through strategic rent adjustments and targeted unit improvements as tenancies turn. Three units, (1) 1 bed / 1 bath and (2) 2 bed / 1 bath, will be delivered vacant. A new owner can lease them at market rents on day one while collecting strong in place cash flow.El Sereno sits at the crossroads of LA's Eastside, bordered by South Pasadena, Alhambra, and Lincoln Heights. The property is approximately 2 miles from Cal State LA and just over 3 miles from the USC Health Sciences Campus, home to Keck Hospital of USC. Those two major employers support a deep and steady renter base. Access to the 10 and 710 freeways, the Huntington Drive corridor, and the Metrolink San Bernardino Line at Cal State LA connects tenants to Downtown LA, Pasadena, and the San Gabriel Valley in minutes. Residents also enjoy nearby dining, retail, and green space such as Ascot Hills Park. With a well located building, real rental upside, and vacancies on day one, this is an opportunity to own a generational asset in one of LA's most connected Eastside neighborhoods....
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Home facts
- Year built:1963
- Listing ID #:26750675
- Added:202 day(s) ago
- Updated:November 06, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:10
- Kitchen Description:Refrigerator
- Living area:5,439 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1963
- Building area:5,439 sq. ft.
- Lot area:0.22 Acres
- Architectural Style:Mid Century Modern
- Construction Materials:Stucco
- Levels:Multi Split
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$274.87
Features and amenities
- Appliances:Refrigerator
- Amenities:Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Parking
- Total parking spaces:10
- Parking description:Assigned
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