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A Fully Remodeled Modern Investment OpportunityProperty Overview5150 Ithaca Ave is a fully remodeled four-unit investment property that seamlessly blends contemporary aesthetics with income-generating potential. Originally built as a triplex in 1988, this property has been completely transformed inside and out to a 4 Unit property, featuring a newly constructed ADU with a private rear entrance, adding tremendous value and flexibility for investors.Modern Exterior & Architectural AppealStriking 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 in the rear, maintaining the same high-quality construction and sleek design.Ample parking and storage within the garage structure.Sleek & Contemporary InteriorsEach 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 HVAC systems, recessed lighting.Prime Location with Strong Investment PotentialStrategically 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.
Property Type(s):
Multi Family
| Last Updated | 3/18/2025 | Year Built | 1988 |
|---|---|---|---|
| Community | El Sereno | Garage Spaces | 2.0 |
| County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Range, Gas Range, Refrigerator, Washer |
| AREA | El Sereno |
| GARAGE | Concrete, Covered, Driveway, Off Site, On Site, On Street, Private, Public, Yes |
| HEAT | Ductless |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Up, Eat-in Kitchen, Galley Kitchen |
| LOT | 4801 sq ft |
| LOT DESCRIPTION | Gentle Sloping, Paved, Street Level |
| PARKING | Concrete,Covered,Driveway,Off Site,On Site,Public,Private,On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Modern |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, Electric: Standard,220 Volts |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LARD1.5 |
Location
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Listed with eXp Realty of Greater Los Angeles
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