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
For sale
Price cut: $50K (7/6)
$1,600,000
5274 Ithaca Ave, Los Angeles, CA 90032
15beds
10baths
5,439sqft
Multi Family
Built in 1963
-- sqft lot
$1,557,800 Zestimate®
$294/sqft
$-- HOA
What's special
Large lot
- 88 days |
- 67 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
William James DRE # 01734419 310-600-9858,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838,
Peter James DRE # 01748556 310-467-7581,
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 26750675
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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
- Annual tax amount: $583
- Date on market: 4/18/2026
- Total actual rent: 199278
- Tenant pays: Gas, Electricity
Estimated market value
$1,557,800
$1.48M - $1.64M
$2,609/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 |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: El Sereno
Nearby schools
GreatSchools rating
- 6/10Sierra Park Elementary SchoolGrades: K-6Distance: 0.5 mi
- 7/10El Sereno Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Woodrow Wilson Senior High SchoolGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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