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    5324 Ithaca Avenue

    Los Angeles (City), CA 90032
    • $949,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 21714204
    UPDATED: 32 min ago
    $949,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,090
      SQFT
    • $454
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    This property offers an excellent income and upside potential on existing rents. Amazing add value opportunity with an ADU design in process, plans included in the sale. A post 1978 built multi-family 4 plex in desirable EL SERENO. Zoned RD 1.5, This property does not fall under L.A.City Rent Control. Owned by the same family for over 40 years. 2 well maintained buildings, one with three 1 bedroom 1 bath units and the other with a 2 bedroom 1 bath unit over the 3 car garage. All with separate gas and electric meters. The units also offer on-site parking. Close proximity to public transportation. Short commute to USC Medical Ctr, Downtown LA, Dodger Stadium. Easy access to major freeways & neighboring Cities such as Pasadena, Alhambra and Highland Park. Do Not Disturb Occupants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/115740932
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    5324 Ithaca Avenue Los Angeles (City), CA 90032

    • Price: $949,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 21714204
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,090
    SQFT
    $454
    $/SQFT
    1980
    Built
    Neighborhood:
    621 - El Sereno
    County:
    Los Angeles
    Area:
    621 - El Sereno
    Property Description
    This property offers an excellent income and upside potential on existing rents. Amazing add value opportunity with an ADU design in process, plans included in the sale. A post 1978 built multi-family 4 plex in desirable EL SERENO. Zoned RD 1.5, This property does not fall under L.A.City Rent Control. Owned by the same family for over 40 years. 2 well maintained buildings, one with three 1 bedroom 1 bath units and the other with a 2 bedroom 1 bath unit over the 3 car garage. All with separate gas and electric meters. The units also offer on-site parking. Close proximity to public transportation. Short commute to USC Medical Ctr, Downtown LA, Dodger Stadium. Easy access to major freeways & neighboring Cities such as Pasadena, Alhambra and Highland Park. Do Not Disturb Occupants.
    Exterior Features

    Architectural Style Other Direction Faces West Number Of Separate Electric Meters 4 Parking Features Door-MultiGarageOne Space Parking Total 3 View None View YN No

    Interior Features

    Flooring Carpet

    Property Features

    Garage YN Yes Gross Income 52188 Insurance Expense 200 Laundry Features None Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 46488 New Taxes Expense 100 Number Of Separate Gas Meters 4 Possession Close Of Escrow Senior Community YN No Sewer Other Special Listing Conditions Standard Water Sewer Expense 175 Zoning Lard1.5

    Listing provided courtesy of Victor Migenes of Property Concierge and Vivian Chaing of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T23:35:48.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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