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5150 Ithaca, Los Angeles, CA 90032

Los Angeles
Local realty services provided by:CENTURY 21 Masters
5150 Ithaca,Los Angeles, CA 90032
$1,350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: steven gray
Office: exp realty of greater los angeles
MLS#:PW26156976
Source:MLSListings

Price summary

  • Price:$1,350,000

About this home

This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income. Current Rents (Total: $7,619.43/month) Unit 1: 3 Bed / 2 Bath - $1,609.81 Unit 2: 2 Bed / 2 Bath - $2,250 Unit 3: 2 Bed / 2 Bath - $1,259.62 Unit 4 (ADU): 2 Bed / 2 Bath - $2,500 Current Financials:...

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Home facts

  • Year built:1988
  • Listing ID #:PW26156976
  • Added:55 day(s) ago
  • Updated:September 12, 2026 at 04:28 PM

Rooms and interior

  • Kitchen Description:Built-in Oven/Range Combo

Heating and cooling

  • Heating:Multi Type

Structure and exterior

  • Year built:1988
  • Lot area:0.11 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,350,000

Features and amenities

  • Laundry features:Laundry Area
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