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    5150 Ithaca Ave Los Angeles, CA 90032

    For Sale
    $1,400,000

    Quadruplex, Modern - Los Angeles, CA

    Type:Quadruplex
    Property size:
    3,250 SF
    Lot size:
    4,801.00 Acres
    Days on Market:
    270
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 5150 Ithaca Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    LARD1.5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Kitchen, Laundry, Living Room
    Bedrooms
    9
    Bathrooms
    8
    APN
    5216021010
    Parking
    2
    Parking features
    Covered, Driveway, Offsite
    Interior features
    Doors - Swing In, No Interior Steps
    Exterior features
    Fence, Community Features Included: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban, Urban, Gentle Sloping, Level With Street, Paved
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Size
    3,250 SF
    Lot size
    4,801.00 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1988
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Laminate
    Architectural style
    Modern

    eXp Realty of Greater Los Angeles, Inc (888) 652-1314 [email protected]

    Listing agent Steven Gray (888) 652-1314 License #02194905

    Listing date Mar 18, 2025

    MLS# PW25059012 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Los Angeles Quadruplex

    Located in Los Angeles, CA, the property at 5150 Ithaca Ave is a 4-unit property featuring one 3-bedroom, 2-bathroom unit and three 2-bedroom, 2-bathroom units. Originally built as a triplex in 1988, this property includes a newly constructed ADU with a private rear entrance. The rear ADU features modern interiors, fixtures, materials, and appliances. Unit #2 has been fully remodeled and modernized. The property features a black corrugated metal façade with natural wood eaves. The design is dual-level, with an elevated living space above and a garage below. The newly built ADU in the rear maintains the same high-quality construction and sleek design, and includes 3 car ports below the unit with access to rear alley. The units have open-concept kitchens with stainless steel appliances, quartz countertops, farmhouse-style sinks, and custom cabinetry, subway tile backsplashes with floating wood shelves. Light-toned wood flooring complements the neutral color palette. Bathrooms feature floor-to-ceiling matte-black tile, rainfall showerheads, floating vanities, and backlit LED mirrors. Bedrooms have large windows, custom built-in closets, and recessed lighting. New mini-split (ductless) HVAC systems and recessed lighting are installed. The property is positioned for high rental demand, with proximity to Cal State Los Angeles, Downtown LA, Dodger Stadium, Union Station, and the Arts District. It offers access to the 710, 5, and 10 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.17421
    Latitude
    34.0731

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    FAQs

    What type of property is this?
    Quadplex - Newly constructed ADU and remodeled units near Cal State LA.
    Where is this quadplex located?
    The property is located at 5150 Ithaca Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - New Construction ADU: Features a modern interior, fixtures, materials, and appliances, adding significant value and flexibility.; - High Income Potential: The property consists of four units, including a remodeled unit and a new ADU, maximizing rental income.; - Modern Design & Finishes: Showcases a striking industrial-modern exterior and sleek, contemporary interiors with high-end finishes.
    (888) 652-1314
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    5150 Ithaca Ave Los Angeles, CA 90032
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    Los Angeles, CA 90032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5150 Ithaca Ave Los Angeles, CA 90032
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