For sale

Price cut: $50K (7/6)

$1,600,000

5274 Ithaca Ave, Los Angeles, CA 90032

15beds

10baths

5,439sqft

$10,125/mo

Get pre-qualified

Multi Family

Built in 1963

-- sqft lot

$1,552,300 Zestimate^®

$294/sqft

$-- HOA

What's special

Large lot

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

134 days
47
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 10

Heating

Wall

Cooling

Wall/Window Unit(s)

Appliances

Included: Refrigerator, Range/Oven, Gas Water Heater

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 5,439
Total interior livable area: 5,439 sqft

Property

Parking

Total spaces: 10
Parking features: Assigned

Features

Levels: Multi/Split
Stories: 2
Pool features: None
Spa features: None
Has view: Yes
View description: City
Waterfront features: None

Lot

Size: 9,604 Square Feet
Features: Single Lot, City Lot

Details

Additional structures: None
Parcel number: 5217018005
Zoning: LARD1.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Mid-Century
Property subtype: Multi Family

Materials

Stucco

Condition

Year built: 1963

Community & HOA

Community

Security: Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s), Security Lights

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $294/sqft
Tax assessed value: $1,640,744
Date on market: 4/18/2026
Total actual rent: 199278
Tenant pays: Gas, Electricity

Estimated market value

$1,552,300

$1.47M - $1.63M

$2,195/mo

Price history

Date	Event	Price
7/6/2026	Price change	$1,600,000-3%$294/sqft
Source: CLAW #26750675 Report a problem
4/18/2026	Listed for sale	$1,650,000-2.9%$303/sqft
Source: CLAW #26750675 Report a problem
11/17/2025	Listing removed	$1,700,000$313/sqft
Source: SDMLS #SB25119731 Report a problem
6/23/2025	Listed for sale	$1,700,000-2.9%$313/sqft
Source: SDMLS #SB25119731 Report a problem
2/10/2025	Listing removed	$1,750,000$322/sqft
Source: CLAW #24-450431 Report a problem
10/8/2024	Listed for sale	$1,750,000+21.4%$322/sqft
Source: CLAW #24-450431 Report a problem
4/9/2018	Sold	$1,442,000$265/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$47,410 +2%
2025	$583 +0.1%	$46,481 +2%
2024	$583 +1.9%	$45,570 +2%
2023	$572 +5.5%	$44,677 +2%
2022	$542 +1.1%	$43,801 +2%
2021	$536 -0.7%	$42,943 +1%
2020	$540	$42,503 +2%
2019	$540 +5.2%	$41,670 +2%
2018	$513	$40,853 +2%
2017	$513 +2.9%	$40,052 +2%
2016	$499 +2%	$39,267 +1.5%
2015	$489 +0.6%	$38,678 +2%
2014	$486	$37,921 +2.5%
2012	--	$37,010 +2%
2011	--	$36,285 +0.8%
2010	--	$36,014 +171.9%
2009	--	$13,246 +2%
2008	--	$12,987 +2%
2007	--	$12,733 +2%
2006	--	$12,484
2005	--	$12,484 +1760.5%
2004	--	$671 +1.8%
2003	--	$659 +1.9%
2002	--	$647 +3.9%
2000	--	$623