Millman Team Real Estate

$1,350,000
9 Bed
8 Bath
3,250 Sqft
0.11 Acre Lot

5150 Ithaca Avenue, Los Angeles, California 90032

  • Residential Property Type
  • 3,250 Sqft Square Footage
  • Driveway Cars Garage
  • 1988 Year Built
Property 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.

Basic Details
Residential
For Sale
PW25059012
$1,350,000
None
9
8
3,250 Sqft
1988
0.11 Acre
Active
8
1
Quadruplex
Features
: None
: Ductless
: Ductless
: Excellent Condition
: None
: None
: Driveway, Concrete, Private, Covered, On Street, Public, On Site, Off Site
: Modern
: Laminate
: All Bedrooms Up, Eat-in Kitchen, Galley Kitchen
: Inside, Washer Hookup, Electric Dryer Hookup, See Remarks, Stacked, Common Area
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available
$0
Appliances
: Gas Range, Dryer, Washer, Refrigerator, Electric Range
Address Map
CA
Los Angeles
Los Angeles
90032
Ithaca
5150
Avenue
Turn onto Ithaca Ave
621 - El Sereno
LARD1.5
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Accessible Doors, No Stairs
1
: Sidewalks, Street Lights, Curbs, Suburban, Biking, Urban, Storm Drain(s)
Standard,220 Volts
2
: Slab
2.0
: Two
: Paved, Street Level, Gentle Sloping
4
2025-03-18
1135000
2
2
: Public
Broker/Agent Information
eXp Realty of Greater Los Angeles
Steven Gray
Listing Information
PWSTEGRA
PB21693
Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac
Active
2026-01-31T20:17:52Z
CRMLS
: Standard
2025-03-18T08:32:16Z
Agent info
Ray Millman
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