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Under ContractTriplex

5226 Ithaca

Los Angeles, CA, 90032

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$735,000

Original list price: $816,000

MLS: AR26179646

Beds

—

Baths

—

Sq Ft

1,837

Lot

0.12 ac

Year Built

1928

MLS #

AR26179646

Days on Market

56

Listed

Aug 17, 2026

Description

WOW! $81.6K Price Reduction !!! Motivated Seller !!! Excellent investment opportunity in the desirable El Sereno neighborhood of Los Angeles! This unique 3-unit property offers tremendous potential for investors, owner-users, or multi-generational living. Situated on an approximately 5,300 sq. ft. lot with two separate buildings, the property provides flexibility, privacy, and multiple income opportunities. Conveniently located near Alhambra, South Pasadena, Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, major freeways, shopping, dining, and public transportation. With strong rental demand and excellent upside potential, this is a rare opportunity to own a multi-unit property in one of Northeast Los Angeles’ increasingly desirable communities. Live in one unit and rent out the others, or add this property to your investment portfolio. Don’t miss this outstanding opportunity! Front unit 3bed /1.5bath( Vacant); back unit 1bedroom/1bath; and 2 bedroom/1bathroom

Location

Los Angeles, Los Angeles County, CA 90032

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Listed by: Margaret Sun · Coldwell Banker Envision

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$5,921

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $73,500 · Loan: $661,500

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,580
Property tax (1.25%)
$766
Homeowners insurance
$300
Mortgage insurance
$276
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $25,725 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90032 (Los Angeles)within ±10% of this home's price and size.

Local Market Stats

See Los Angeles, CA 90032 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.