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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
    : 
    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
    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.
    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#: PW25059012MLS LogoOriginating 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
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    Estimated market value

    $1,432,000

    $1.36M - $1.50M

    $2,038/mo

    Price history

    Price history
    DateEventPrice
    12/1/2025Price change$1,400,000-3.4%$431/sqft
    Source: CRMLS #PW25059012 Report a problem
    5/8/2025Price change$1,450,000-3.3%$446/sqft
    Source: CRMLS #PW25059012 Report a problem
    3/18/2025Listed for sale$1,500,000+0.1%$462/sqft
    Source: CRMLS #PW25059012 Report a problem
    3/4/2025Listing removed$1,499,000$461/sqft
    Source: CLAW #24-443853 Report a problem
    2/17/2025Listing removed$3,500$1/sqft
    Source: CLAW #24-443857 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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