5150 Ithaca AVE new

Los Angeles,CA 90032

$ 1500000

9 Beds

8 Baths

2500 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $600

MLS Listing ID PW25059012

Bedrooms 9

Full Baths 8

Year Built 1988

Lot Size 4,800 Sqft

Property Sub-Type Quadruplex

Property Description

5150 Ithaca Ave is a 4 Unit property featuring a 3Bed/2Bath, and three (3) 2Beb/2Bath units. The rear ADU is New Construction with all modern interior, fixtures, materials, and appliances. Unit #2 is fully remodeled and modernized, seamlessly blending contemporary aesthetics with income-generating potential. Originally built as a triplex in 1988, this property features a newly constructed ADU (#5152) with a private rear entrance, adding tremendous value and flexibility for investors.

Modern Exterior & Architectural Appeal
Striking black corrugated metal façade with natural wood eaves, creating an industrial-modern aesthetic.

Dual-level design with an elevated living space above and a spacious, well-lit garage below.

Newly built ADU (#5152) in the rear, maintaining the same high-quality construction and sleek design, and including 3 car ports below the unit with access to rear alley.

Ample parking and storage within the garage structure.

Sleek & Contemporary Interiors
Each unit has been meticulously designed to offer modern sophistication while optimizing functionality:

Open-Concept Kitchens – Outfitted with stainless steel appliances, sleek quartz countertops, farmhouse-style sinks, and custom cabinetry. Subway tile backsplashes with floating wood shelves add warmth and a contemporary edge.

Spacious Living Areas – Light-toned wood flooring complements the neutral color palette, creating a bright, inviting atmosphere.

Luxury Bathrooms – Floor-to-ceiling matte-black tile, rainfall showerheads, floating vanities, and backlit LED mirrors enhance the contemporary elegance.

Serene Bedrooms – Large windows provide abundant natural light, complemented by custom built-in closets and recessed lighting.
New mini-split (ductless) HVAC systems, recessed lighting.

Prime Location with Strong Investment Potential
Strategically positioned for high rental demand, this property offers:

Proximity to Cal State Los Angeles, Downtown LA, Dodger Stadium, Union Station, and the Arts District.

Convenient access to 710, 5, and 10 freeways, ensuring seamless commuting options.

A highly desirable urban environment attracting long-term tenants and professionals.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LARD1.5

Interior

Heating Ductless

Cooling Ductless

Flooring Laminate

Fireplaces Type None

Laundry Common Area,Washer Hookup,Electric Dryer Hookup,Inside,See Remarks,Stacked

Exterior

Parking Features Concrete,Covered,Driveway,Off Site,On Site,Public,Private,On Street

Garage Spaces 2.0

Garage Description 2.0

Fence Excellent Condition

Pool None

Community Features Biking,Curbs,Storm Drain(s),Street Lights,Suburban,Sidewalks,Urban

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected

View Y/N No

View None

Building

Lot Description Gentle Sloping,Paved,Street Level

Dwelling Type Quadruplex

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac

Special Listing Condition Standard

View More
Favorite Go Tour