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.
For sale
Listing Provided by:
Steven Gray DRE #02194905 888-652-1314,
eXp Realty of Greater Los Angeles
Price cut: $50K (12/1)
$1,400,000
5150 Ithaca Ave, Los Angeles, CA 90032
9beds
3,250sqft
Est.:
Quadruplex
Built in 1988
-- sqft lot
$1,432,000 Zestimate®
$431/sqft
$-- HOA
What's special
Dual-level designSubway tile backsplashesCustom cabinetryLarge windowsFarmhouse-style sinksSleek and contemporary interiorsOpen-concept kitchens
- 273 days |
- 184 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 10:05am
Listing Provided by:
Steven Gray DRE #02194905 888-652-1314,
eXp Realty of Greater Los Angeles
Source: CRMLS,MLS#: PW25059012
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
- Main level bathrooms: 8
- Main level bedrooms: 8
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Bedroom
- Features: All Bedrooms Up
Kitchen
- Features: Granite Counters, Remodeled, Updated Kitchen
Kitchen
- Features: Galley Kitchen
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Electric Range, Gas Range, Refrigerator, Dryer, Washer
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Inside, See Remarks, Stacked
Features
- Eat-in Kitchen, All Bedrooms Up, Galley Kitchen
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,250 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Covered, Driveway, Off Site, On Site, Public, Private, On Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Stairs, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: 2
- Patio & porch: None
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition
- Has view: Yes
- View description: None
Lot
- Size: 4,801 Square Feet
- Features: Gentle Sloping, Paved, Street Level
Details
- Parcel number: 5216021010
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Foundation: Slab
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: Standard, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban
- Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $865,943
- Annual tax amount: $10,736
- Date on market: 3/18/2025
- Cumulative days on market: 274 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac
- Road surface type: Alley Paved, Paved
Estimated market value
$1,432,000
$1.36M - $1.50M
$2,038/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Price change | $1,400,000-3.4%$431/sqft |
Source: | ||
| 5/8/2025 | Price change | $1,450,000-3.3%$446/sqft |
Source: | ||
| 3/18/2025 | Listed for sale | $1,500,000+0.1%$462/sqft |
Source: | ||
| 3/4/2025 | Listing removed | $1,499,000$461/sqft |
Source: | ||
| 2/17/2025 | Listing removed | $3,500$1/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,736 +1.5% | $865,943 +2% |
| 2024 | $10,578 +1.9% | $848,965 +2% |
| 2023 | $10,375 +4.8% | $832,320 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,856/mo
Principal & interest
$7013
Property taxes
$1353
Home insurance
$490
Climate risks
Neighborhood: El Sereno
Nearby schools
GreatSchools rating
- 8/10Farmdale Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10El Sereno Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Woodrow Wilson Senior High SchoolGrades: 9-12Distance: 0.7 mi
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