Customer Care

5150 Ithaca, Los Angeles, CA 90032

$1,350,000 Approx. USD 0 beds, 0 baths

Save My Notes

MORE INFO

Brochure

Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to one of our real estate professionals. By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

Steven Gray | steven@stevenvgray.com
Lic#: 02194905
Broker: Courtesy of eXp Realty of Greater Los Angeles
Phone: 888-652-1314

Agent Remarks

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%

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# PW26156976

Price: $1,350,000

Beds: 0

Baths: 0

None fireplaces

Built in 1988

2 stories

0.11 acres

Lot size: 0.1102

County: Los Angeles

Appliances: Built-In Range

Lot description: ZeroToOneUnitAcre

Heating/cooling: Ductless

Heating description: Combination,Ductless

MLS area: 621 - El Sereno

Last Updated: 7/19/2026

Days On Market (DOM): 31

Find more Los Angeles homes and real estate

Find more homes in 90032 zip code

This listing belongs to the 621 - El Sereno MLS area

Lat/Long: 34.073030, -118.174071.
Find nearby listings

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90032 Area Map

Demographics

Schools