2 months on rocket

5150 Ithaca Ave, Los Angeles, CA, 90032

$1,499,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
7 Baths
3,250 SqFt
$461/SqFt
House

Location

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5150 Ithaca Ave, Los Angeles$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached Carport, Door-Multi, Garage
Attached GarageYes
Year Built1988
HeatingCentral
MLS #24443853
Lot Size0.11 Acres
StatusActive

About 5150 Ithaca Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 2
  • Living Area: 3,250 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Robert Fields

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $461/SqFt

Tax Information:

  • Annual Amount: $5,458
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5150 Ithaca Ave vs Los Angeles

85 DAYS ON ROCKET

+47 Days

$1,499,000

+$477.4K More

$461/SqFt

-$179 Less

KEY TAKEAWAY

This property is $477.4K more than the Median Sold Price and $179/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24443853

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Robert Fields

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 23, 2021Home Sold
$800,000
Dec 27, 2010Home Sold
$366,000
Feb 12, 2007Home Sold
$575,000
Oct 21, 1988Home Sold
$225,000
May 05, 1988Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,458$433,194
2020$5,298$428,753
2019$5,235$420,348
2018$5,123$412,106
2017$5,123$404,026

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4450482
5
/10

  • Farmdale Elementary School

  • 2660 Ruth Swiggett Dr

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-4450483
4
/10

  • Sierra Park Elementary

  • 3170 Budau Ave

  • 0.69 miles

  • Public District Grades PK-6

school-card-donut-4450484
7
/10

  • City Terrace Elementary School

  • 4350 City Terrace Dr

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5150 Ithaca Ave

What is the listing price of this property?

The listing price of 5150 Ithaca Ave property is $1,499,000.

What type of property is this?

The property 5150 Ithaca Ave is a house located in Los Angeles, California, 90032.

Is this property for sale now?

Active Listing: 5150 Ithaca Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,458 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 23, 2021 for $800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5150 Ithaca Ave has 9 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 5150 Ithaca Ave is 3,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5150 Ithaca Ave is 1988.

Rocket Homes›California›Los Angeles County›Los Angeles›90032›5150 Ithaca Ave

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, 7 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $1,499,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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