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$ 1,499,000
Est. payment /mo
Price Dropped by $50K
5150 Ithaca AVE Los Angeles, CA 90032
9 Beds
7 Baths
3,250 SqFt
UPDATED:
12/05/2024 01:59 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $461
MLS Listing ID 24443853
Bedrooms 9
HOA Y/N No
Year Built 1988
Lot Size 4,800 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Attached Carport, Door-Multi, Garage
Attached Garage Yes
Total Parking Spaces 3
Building
Story 2
Entry Level One,Multi/Split
Level or Stories One, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5216021010
Special Listing Condition Standard
Listed by Robert Fields • Compass