$1,650,000
5274 Ithaca Avenue, Los Angeles CA 90032
Multi-Family (9 Units)
Property type
49 days
On market
$303
Price per sqft
N/A
Garage
1963
Year built
9,604 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: William James DRE #01734419 310-600-9858, Lyon Stahl Investment Real Estate, Inc., Peter James DRE #01748556 310-467-7581, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Apr 25, 2026 at 07:19am.
Last checked: Jun 4, 2026 at 06:31pm
Source: CRMLS #26750675
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $1,850 | $5,752 | $7,400 | Unfurnished |
| 4 | 2 | 1 | — | $2,500 | $8,320 | $10,000 | Unfurnished |
| 1 | 3 | 1 | — | $1,930 | $1,930 | $2,800 | Unfurnished |
# of Buildings: 3
# of Units Total: 9
Refrigerator: 9
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
8.6x
List Price / Annual Gross Rent
Cap Rate
7.23%
NOI / List Price
Vacancy Allowance: $9,625
Vacancy Allowance Rate: 5%
Net Operating Income: $119,342
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Refrigerator
Fireplace: None
Exterior
Architectural Style: Mid Century Modern
Property Attached: Yes
Stories Total: 2
Levels: Multi Split
Construction Materials: Stucco
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Pool: None
Spa: None
View: City Lights
Garage and Parking
Parking: Assigned
Parking Total: 10
Lot Information
Land Lease: No
Parcel #: 5217018005
Additional Parcels: No
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 5274 Ithaca Avenue, Los Angeles, CA 90032. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,320,000
Total Interest
$1,683,587
Total Payment
$3,003,587
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,212
per month
Property History for 5274 Ithaca Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90032.
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