5150 Ithaca Avenue
$1,499,000
9
7
3,250
3,250
$461
Listed By Compass
Description
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...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!
Listing Agents
Property Details for 5150 Ithaca Avenue
Zoning
LARD1.5
Parcel Number5216021010
Total Units4.0
Living Area3250
Source Living AreaDeveloper
AreaEl Sereno (621)
Vacancy Rate50%
Lot Size Area4801
LISTING UPDATED: 11/13/2024 04:30 PM
Property Details for 5150 Ithaca Avenue
Status | Active |
---|---|
MLS # | 24-443853 |
Days on Market | 98 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1988 |
Lot Size | 0.11 AC / 4,801 SF |
County | Los Angeles County |
Buyer's Agent Compensation | 2% |
Building Information for 5150 Ithaca Avenue
Stories2Residences-Year Built1988Building Size-Lot Size0.11 AC / 4,801 SF
Property Information for 5150 Ithaca Avenue
Property History for 5150 Ithaca Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5150 Ithaca Avenue
Taxable ValueLand$477,543Additions$371,422Total$848,965
Tax Record2024$10,578 ($881 / month)
Home Facts
Total Finished SqFt2,500 SqFtAbove Grade Finished SqFt2,500 SqFtStories1Lot Size4,801 SqFtStyleTriplexYear Built1988ZoningLARD1.5CountyLOS ANGELESAPN5216-021-010
Schools near 5150 Ithaca Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Farmdale Elementary School PublicK to 5 | ||
El Sereno Middle School Public6 to 8 | ||
Abraham Lincoln Senior High School Public9 to 12 | ||
Woodrow Wilson Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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