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5150 Ithaca Avenue Los Angeles CA 90032 MLS #24443853

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!

Property Details

Price:
$1,499,000
MLS #:
24443853
Status:
Active
Baths:
0
Address:
5150 Ithaca Avenue
Type:
Residential Income
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Sep 23, 2024
State:
CA
ZIP:
90032
Lot Size:
4,801 sqft / 0.11 acres (approx)
Year Built:
1988

Schools

Interior

Appliances
Dishwasher, Refrigerator
Heating
Central

Exterior

Parking Features
Garage – Three Door, Attached Carport
Parking Spots
3.00
Stories Total
2

Financial

Map

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