# 5150 Ithaca, Los Angeles, CA 90032

> **TL;DR:** 2bd/2ba multi-family, $1,299,000, built 1988.
> A/C, 2-car garage. Est. $6,947/mo. Listed 106 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,299,000 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Year Built | 1988 |
| Lot Size | 4,800 sqft (0.11 acres) |
| Stories | 2 |
| Garage | 2-car |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 106 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,568 |
| Estimated Insurance | $379 |
| **Total** | **$6,947** |

## Key Amenities

- A/C
- 2-car garage

## Property Highlights

- Built in 1988
- 0.11 acre lot
- 2 stories
- 2 parking spaces

## Description

### Agent Description
This property is part of a portfolio that is available for purchase via online auction Please visit to learn more. This turnkey four-unit income property presents an outstanding investment opportunity, featuring a beautifully remodeled Unit 2 with a modern, high-end aesthetic and a newly constructed ADU with its own private entrance. The spacious unit mix offers strong tenant appeal while providing excellent long-term income potential. Ideally located near Cal State LA and with convenient access to Downtown Los Angeles and other major employment and lifestyle destinations, the property benefits from consistent rental demand. With projected rental increases, investors have the opportunity to achieve an estimated 5.1% capitalization rate, making this an attractive option for both long-term investors seeking stable cash flow and owner-occupants looking to offset ownership costs with rental income. Current Rents (Total: $7,619.43/month) Unit 1: 3 Bed / 2 Bath - $1,609.81 Unit 2: 2 Bed / 2 Bath - $2,250 Unit 3: 2 Bed / 2 Bath - $1,259.62 Unit 4 (ADU): 2 Bed / 2 Bath - $2,500 Current Financials: Annual Net Income: $69,928.57 Net Operating Income (NOI): $69,928.57 Annual Operating Expense: $21,504.59 Gross Rent Multiplier (GRM): 14.76% Capitalization Rate (Cap Rate): 5.18%

## Location

- **Address:** 5150 Ithaca, Los Angeles, CA 90032
- **County:** Los Angeles

## Listing Agent

- **Name:** Steven Gray · **License:** 02194905
- **Brokerage:** eXp Realty of Greater Los Angeles, Inc
- **Broker Phone:** (888) 584-9427

## Photos

![5150 Ithaca - Photo 1](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1885438247r.jpg)

![5150 Ithaca - Photo 2](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2073035818r.jpg)

![5150 Ithaca - Photo 3](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f4221856286r.jpg)

![5150 Ithaca - Photo 4](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3271273755r.jpg)

![5150 Ithaca - Photo 5](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3240039674r.jpg)

![5150 Ithaca - Photo 6](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2086599348r.jpg)

![5150 Ithaca - Photo 7](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2380239818r.jpg)

![5150 Ithaca - Photo 8](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1121724523r.jpg)

![5150 Ithaca - Photo 9](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f4271582155r.jpg)

![5150 Ithaca - Photo 10](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2557158575r.jpg)

![5150 Ithaca - Photo 11](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1526259651r.jpg)

![5150 Ithaca - Photo 12](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f455125205r.jpg)

![5150 Ithaca - Photo 13](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1632695158r.jpg)

![5150 Ithaca - Photo 14](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2476757980r.jpg)

![5150 Ithaca - Photo 15](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1459648818r.jpg)

![5150 Ithaca - Photo 16](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3574453117r.jpg)

![5150 Ithaca - Photo 17](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2869791273r.jpg)

![5150 Ithaca - Photo 18](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f568907384r.jpg)

![5150 Ithaca - Photo 19](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3392357662r.jpg)

![5150 Ithaca - Photo 20](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f4075166942r.jpg)

![5150 Ithaca - Photo 21](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f4275766589r.jpg)

![5150 Ithaca - Photo 22](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2869671367r.jpg)

![5150 Ithaca - Photo 23](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1572874835r.jpg)

![5150 Ithaca - Photo 24](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2960022953r.jpg)

![5150 Ithaca - Photo 25](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f4063606342r.jpg)

![5150 Ithaca - Photo 26](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f336954196r.jpg)

![5150 Ithaca - Photo 27](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1606117313r.jpg)

![5150 Ithaca - Photo 28](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3045094647r.jpg)

![5150 Ithaca - Photo 29](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3114526194r.jpg)

![5150 Ithaca - Photo 30](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2673877713r.jpg)

![5150 Ithaca - Photo 31](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2890101182r.jpg)

![5150 Ithaca - Photo 32](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3138680764r.jpg)

![5150 Ithaca - Photo 33](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1477190782r.jpg)

![5150 Ithaca - Photo 34](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3136586568r.jpg)

![5150 Ithaca - Photo 35](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f57701349r.jpg)

![5150 Ithaca - Photo 36](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1467468804r.jpg)

![5150 Ithaca - Photo 37](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f255161894r.jpg)

![5150 Ithaca - Photo 38](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f1852845127r.jpg)

![5150 Ithaca - Photo 39](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f48917469r.jpg)

![5150 Ithaca - Photo 40](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f964980954r.jpg)

![5150 Ithaca - Photo 41](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f3566578098r.jpg)

![5150 Ithaca - Photo 42](http://lh.rdcpix.com/b64912af5bf9e22fe831360d98d968f9l-f2775853587r.jpg)

---

**MLS#:** PW26156976 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5150-ithaca-los-angeles-ca-90032-50027c77d86748c8ac752e2cdc79ff92)

---

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}
```