4 months on rocket

5316 Ithaca Ave, Los Angeles, CA, 90032

$780,000

Home List Price

$9,263*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5316 Ithaca Ave, Los Angeles$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned, Covered, Driveway Down Slope From Street, Garage Faces Front, Garage, One Space, Tandem
Garage1 space
Year Built1940
MLS #PW23227451
Lot Size0.11 Acres
StatusActive

About 5316 Ithaca Ave

Price Reduction Price Reduciton. This 3 unit complex is located in desirable area of El Sereno. Fantastic unit mix with 1. 2 bed 2 bath home with a 1 car attached garage, 2. 3 bed 1 bath, and 3. 4 bed 1 bath. The layout is the 3 bed 1 bath is the bottom unit with parking. The 4 bed 1 bath is the top unit with parking. The 2 bed 2 bath is detached and located in the alley way with a garage and parking spot. Front 2 units are built in 1987 they don't fall under rent control. Rent control does not apply when the property is built after 1978. This will provide the opportunity to investors to increase the rent 5% plus CPI. The 3rd unit which is the home is built prior to 1978 and is rent control.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: The Real Estate Company JGK In
  • Office Phone: (562) 708-1246
  • Listing Agent: Anthony Prieto

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Covered, Driveway Down Slope From Street, Garage Faces Front, Garage, One Space, Tandem

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • El Sereno Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Sierra Park Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Alhambra ave and Haven st

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000

Tax Information:

  • Annual Amount: $5,017
  • 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

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5316 Ithaca Ave vs Los Angeles

132 DAYS ON ROCKET

+98 Days

$780,000

-$195.9K Less

KEY TAKEAWAY

This property is $195.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW23227451

Listing Office:

  • Office Name: The Real Estate Company JGK In
  • Office Phone: (562) 708-1246
  • Listing Agent: Anthony Prieto

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: 4/28/2024, 8:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,017$389,218
2020$4,873$385,228
2019$4,770$377,675
2018$4,670$370,270
2017$4,670$363,011

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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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.

Elementary School

school-card-donut-2595399
3
/10

  • Sierra Park Elementary School

  • 3170 Budau Ave

  • 0.44 miles

  • Public District Grades KG-6

school-card-donut-2595400
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.02 miles

  • Public Magnet Grades KG-6

school-card-donut-2595401
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 25.92 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2595402
6
/10

  • El Sereno Middle School

  • 2839 N Eastern Ave

  • 0.53 miles

  • Public Magnet Grades 6-8

school-card-donut-2595403
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.26 miles

  • Public District Grades 6-8

High School

school-card-donut-2595404
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.00 miles

  • Public Magnet Grades 9-12

school-card-donut-2595405
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 1.92 miles

  • Public Magnet Grades 9-12

school-card-donut-2595406
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.56 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,234. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90032›5316 Ithaca Ave

This home is located at 5316 Ithaca Ave in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This home, which was built in 1940, sits on a 0.11 acre lot. It has been listed on Rocket Homes since December 18, 2023 and is currently priced at $780,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

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

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