5150 Ithaca Ave Los Angeles, CA 90032
Property details
About 5150 Ithaca Ave
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.
Highlights
Summary
- MLS Number: PW25059012
- MLS Name: CRMLS
- Office Name: eXp Realty of Greater Los Angeles
- Office Email: Steven@SterlingGrayRealty.com
- Listing Agent: Steven Gray
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 4/13/2025, 12:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
5150 Ithaca Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 23, 2021 | Home Sold | $800,000 |
| Dec 27, 2010 | Home Sold | $366,000 |
| Feb 12, 2007 | Home Sold | $575,000 |
| Oct 21, 1988 | Home Sold | $225,000 |
| May 05, 1988 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $848,965 | $10,577 |
| 2023 | $832,320 | $10,375 |
| 2022 | $816,000 | $9,896 |
| 2021 | $433,194 | $5,457 |
History based on county public records data.
Nearby schools
5
Farmdale Elementary School
Public District KG-5
0.4 mi
•2660 Ruth Swiggett Dr
4
Sierra Park Elementary
Public District PK-6
0.7 mi
•3170 Budau Ave
7
City Terrace Elementary School
Public District KG-5
1.1 mi
•4350 City Terrace Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Jack In The Box
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
This home is located at 5150 Ithaca Ave in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This 3,250 square foot home, which was built in 1988, sits on a 0.11 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $1,500,000.
In March 2025, from all listings sold in Los Angeles, CA there were more than 302 sold above asking price, over 322 sold below and more than 116 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 13.7% between February and March 2025. While the average time on the market in March 2025 was 39 days, the median list price was $940,937.