5150 Ithaca Avenue

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5150 Ithaca Avenue

Los Angeles, California

$1,500,000

Overview

Residential
Property Type

9
Bedrooms

8
Bathrooms

2
Garages

3250
Sqft

107003
Property ID

Description

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.