5150 Ithaca Ave Los Angeles, CA 90032

Multi-Family (2-4 Units) MLS #: 24-385321 Courtesy Of Compass

$1,649,500

9 beds | 3,250 sq ft
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Estimated monthly payments: $7,211/mo.* (recalculate)

Property InformationDescription

Welcome to this exceptional 4-plex property, offering a unique blend of newly constructed spaces and income-producing units, situated in a prime location with easy access to shopping, markets, eateries, and transportation. This property is ideal for investors and owner-occupiers alike, with a range of possibilities for maximizing rental income or creating a comfortable home base. The highlight of this property is the brand-new ADU. Boasting contemporary design and premium finishes, this unit features two bedrooms and two bathrooms. With its spacious open floor plan, modern kitchen, and stylish fixtures, the ADU is perfect for owner occupancy or attracting top rental rates. Additionally, it comes with two garage parking spots, offering convenience and added value.Another standout feature is a two-bedroom unit that is scheduled for a complete remodel to match the quality and style of the ADU. This unit will also include one garage parking spot, providing another opportunity for owner occupancy or premium rental income. The property also includes two other units with tenants in place. These units have received some upgrades, ensuring a comfortable living environment for your tenants. As an investor, you can enjoy steady rental income from these units while exploring opportunities for further enhancements. Situated close to shopping centers, local markets, and a variety of eateries, this property offers a convenient lifestyle for residents. Commuting to DTLA and Cal State is easy thanks to nearby transportation options and major roadways. Whether you're an investor seeking a high-potential property or a homeowner looking to live in one unit while generating rental income from the others, this 4-plex offers a fantastic opportunity in a prime location. Don't miss out on this chance to own a versatile property with numerous possibilities!
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Features

  • Age: 31-40 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Heating System: Central Furnace
  • Lot Size: 0.11 Acres

MAP & DIRECTIONS

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5150 Ithaca Ave, Los Angeles, CA 90032
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School Information

5150 Ithaca Ave, Los Angeles, CA 90032

Elementary School
Grades KG-5 | Public School
FARMDALE ELEMENTARY SCHOOL
Los Angeles, CA 90032
2660 Ruth Swiggett Dr
323.­222.6659
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
21:1
Total Students
369
Middle School
Grades 6-8 | Public School
EL SERENO MIDDLE SCHOOL
Los Angeles, CA 90032
2839 N Eastern Ave
323.­224.4700
Distance: 0.5 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
1100
High School
Grades 9-12 | Public School
LINCOLN HIGH SCHOOL
Los Angeles, CA 90031
3501 N Broadway
323.­441.4600
Distance: 1.7 mi
School Rating
B
Student:Teacher Ratio
20:1
Total Students
1122
High School
Grades 9-12 | Public School
WOODROW WILSON HIGH SCHOOL
Los Angeles, CA 90032
4500 Multnomah St
323.­276.1600
Distance: 0.7 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1446
Other Nearby Schools Distance Type Grades School Rating
Los Angeles High School For The Arts 0.5 mi Public 9-12 A-
Alliance Marc & Eva Stern Math And Science 0.7 mi Public 9-12 A
Sierra Park Elementary 0.7 mi Public PK-6 C-
Anahuacalmecac International Univ Preparatory Of N. America 0.9 mi Public KG-12
City Terrace Elementary School 1.1 mi Public KG-5 B+
Cesar Chavez Elementary School 1.1 mi Public KG-6 D
Multnomah Street Elementary School 1.1 mi Public KG-5 B
El Sereno Elementary School 1.2 mi Public PK-6 B-
Huntington Drive Elementary 1.2 mi Public KG-6 C
Fremont Elementary School 1.3 mi Public KG-8 B
Robert F. Kennedy Elementary 1.4 mi Public KG-6 C+
Ednovate - East College Preparatory 1.5 mi Public 9-12 C
Bright Children Montessori Academy 1.5 mi Private PK-KG
Monterey Highlands Elementary School 1.5 mi Public KG-8 A-
Emery Park School 1.5 mi Public KG-8 B+
Murchison Street Elementary School 1.6 mi Public PK-6 D
Harrison Street Elementary 1.6 mi Public KG-6 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90032

Median Age: 35.6
Married: 45%
Number of Households: 12,857
Households with Children: 36%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.