5150 Ithaca Ave Los Angeles, CA 90032
El Sereno NeighborhoodEstimated payment $8,891/month
Total Views
4,359
9
Beds
8
Baths
3,250
Sq Ft
$446
Price per Sq Ft
Highlights
- Updated Kitchen
- Modern Architecture
- No HOA
- Abraham Lincoln High School Rated A
- Granite Countertops
- Eat-In Galley Kitchen
About This Home
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 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 (#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 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 (ductless) 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.
Listing Agent
eXp Realty of Greater Los Angeles Brokerage Phone: 6266691917 License #02194905 Listed on: 03/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,578
Year Built
- Built in 1988 | Remodeled
Lot Details
- 4,801 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Fenced
- Fence is in excellent condition
- Paved or Partially Paved Lot
- Level Lot
Parking
- 2 Car Attached Garage
- Public Parking
- Combination Of Materials Used In The Driveway
- On-Street Parking
- Off-Site Parking
Home Design
- Modern Architecture
- Quadruplex
- Turnkey
- Slab Foundation
- Fire Rated Drywall
Interior Spaces
- 3,250 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Laminate Flooring
Kitchen
- Eat-In Galley Kitchen
- Updated Kitchen
- Gas and Electric Range
- Granite Countertops
Bedrooms and Bathrooms
- 9 Bedrooms | 8 Main Level Bedrooms
- All Upper Level Bedrooms
- 8 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- No Interior Steps
Outdoor Features
- Patio
- Exterior Lighting
Location
- Urban Location
- Suburban Location
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- 220 Volts
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 147
- Tax Tract Number 6900
- Assessor Parcel Number 5216021010
- $393 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,578 | $865,943 | $487,093 | $378,850 |
| 2024 | $10,578 | $848,965 | $477,543 | $371,422 |
| 2023 | $10,375 | $832,320 | $468,180 | $364,140 |
| 2022 | $9,896 | $816,000 | $459,000 | $357,000 |
| 2021 | $5,458 | $433,194 | $157,417 | $275,777 |
| 2020 | $5,508 | $428,753 | $155,803 | $272,950 |
| 2019 | $5,299 | $420,348 | $152,749 | $267,599 |
| 2018 | $5,235 | $412,106 | $149,754 | $262,352 |
| 2016 | $4,986 | $396,105 | $143,940 | $252,165 |
| 2015 | $4,916 | $390,156 | $141,778 | $248,378 |
| 2014 | $4,949 | $382,514 | $139,001 | $243,513 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Price Changed | $1,450,000 | -3.3% | $446 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $1,500,000 | +87.5% | $462 / Sq Ft |
| 06/23/2021 06/23/21 | Sold | $800,000 | +0.6% | $320 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/22/2021 05/22/21 | For Sale | $795,000 | -- | $318 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Provident Title Company | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Wfg National Title Co Of Ca | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $366,000 | Provident Title Company | |
| Trustee Deed | -- | None Available | |
| Grant Deed | $575,000 | California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $910,000 | New Conventional | |
| Closed | $760,000 | New Conventional | |
| Closed | $300,000 | New Conventional | |
| Previous Owner | $476,000 | No Value Available | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $346,450 | New Conventional | |
| Previous Owner | $355,216 | FHA | |
| Previous Owner | $431,250 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25059012
APN: 5216-021-010
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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