5150 Ithaca Avenue

Los Angeles, CA 90032

About this property

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!

About this property

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!

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$1,499,000 Active
3,250 SQFT

Presented By Coldwell Banker Home Source

Agent Image
Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Compass 310-652-6285
1-310-652-6285
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

621 El Sereno | Los Angeles County |

$ 1,499,000
This listing is play_arrow 69.0% higher than the average in the area
$ 887,000 in the area
3,250 SqFt
This listing is play_arrow 218.6% larger than the average in the area
1,020 SqFt in the area
$ 461 $/SqFt
This listing is play_arrow 47.0% less than the average in the area
$ 870 $/SqFt in the area
78 days on site
This listing is play_arrow 310.5% above the average in the area
19 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Robert Fields
Brokerage: Compass 310-652-6285

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Home Source

Real Estate Links Our Domains