5150 Ithaca, Los Angeles, CA 90032
Local realty services provided by:CENTURY 21 Masters
5150 Ithaca,Los Angeles, CA 90032
$1,350,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: steven gray
Office: exp realty of greater los angeles
MLS#:PW26156976
Source:San Diego MLS via CRMLS
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: Annual Net Income: $69,928.57 Net Operating Income (NOI): $69,928.57 Annual Operating Expense: $21,504.59 Gross Rent Multiplier (GRM): 14.76% Capitalization Rate (Cap Rate): 5.18%...
Contact an agent
Home facts
- Listing ID #:PW26156976
- Added:6 day(s) ago
- Updated:July 24, 2026 at 06:01 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
Heating and cooling
- Heating:Combination Heating
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,350,000
New listings near 5150 Ithaca
- New
$549,000Active2 beds 2 baths1,136 sq. ft.15050 Sherman #180, Van Nuys, CA 91405
MLS# BB26158951Listed by: REDFIN CORPORATION - New
$379,999Active2 beds 2 baths1,100 sq. ft.8714 Willis, Panorama City, CA 91402
MLS# CV26161719Listed by: PAK HOME REALTY - New
$499,900Active2 beds 2 baths1,020 sq. ft.645 9th Street #314, Los Angeles, CA 90015
MLS# CV26161805Listed by: ETOPREALESTATE - New
$1,499,000Active2 beds 3 baths2,494 sq. ft.2266 Ronda Vista, Los Angeles, CA 90027
MLS# OC26160874Listed by: STILLWATER REAL ESTATE - New
$1,099,000Active4 beds 3 baths2,024 sq. ft.11021 Quill Avenue, Sunland, CA 91040
MLS# P1-28180Listed by: B & B PROPERTIES - New
$399,000Active1 beds 1 baths640 sq. ft.5535 Canoga #209, Woodland Hills, CA 91367
MLS# SR26149204Listed by: BEVERLY AND COMPANY - Coming Soon
$895,000Coming Soon4 beds 3 baths19602 Eagle Ridge Lane, Porter Ranch, CA 91326
MLS# 226003530Listed by: RODEO REALTY - New
$795,000Active3 beds 3 baths1,833 sq. ft.5443 1/2 Blackwelder Street, Los Angeles, CA 90016
MLS# 26854247Listed by: LPT REALTY, INC - New
$6,195,000Active7 beds 8 baths5,532 sq. ft.9224 Monte Mar Drive, Los Angeles, CA 90035
MLS# 26857329Listed by: THE AGENCY - Open Sun, 2 to 5pmNew
$749,999Active2 beds 2 baths993 sq. ft.3271 Sawtelle Boulevard #204, Los Angeles, CA 90066
MLS# 26858287Listed by: SOTHEBY'S INTERNATIONAL REALTY