5240 Ithaca Ave Los Angeles, CA 90032

$955,000 Sold Price as of 07/06/2018

8 Beds
4 Baths
2,784 Sq.Ft.

Off Market

$955,000 Sold Price as of 07/06/2018 Refinance Your Mortgage

Map preview of 5240 Ithaca Ave, Los Angeles, CA 90032

Property Overview: 5240 Ithaca Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,784 living square feet and 5,012 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5240 Ithaca Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5240 Ithaca Ave

Last sold for $955,000 on July 9th, 2018

July, 2018
Jul 14, 2018

Date

Sold

CRMLS: DW18100435

$955,000

Price
Jul 3, 2018

Date

Pending

CRMLS: DW18100435

$955,000

Price
Jul 3, 2018

Date

Price Change

CRMLS: DW18100435

$955,000

Price
May 8, 2018

Date

Active Under Contract

CRMLS: DW18100435

$999,000

Price
May 2, 2018

Date

Active

CRMLS: DW18100435

$999,000

Price
Listing provided courtesy of CRMLS

Proudly maintained 4-plex, 2Bed 1 Bath each unit with 8 tandem parking spaces and great tenants in up and coming El Sereno. This Building is NOT under rent control because of it's construction date. Owner pays water, trash and sanitation services. Investment is ready for a novice or seasoned Investor to add this maintained cash flowing building to their portfolio. Area is set to continue appreciating as the new Los Angeles Bio Science Hub corridor is approved and facilities are under construction one street south.

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July, 2018
Jul 6, 2018

Date

Sold (Public Records)

Public Records

$955,000

Price
May, 2018
May 1, 2018

Date

Canceled

CRMLS: CV18098440

$999,000

Price
May 1, 2018

Date

Withdrawn

CRMLS: CV18098440

$999,000

Price
Apr 28, 2018

Date

Active

CRMLS: CV18098440

$999,000

Price
Listing provided courtesy of CRMLS

Quadruplex - rare 4 unit on the market with all upside potential! Property consists of four 2 bedroom, 1 bath units.

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May, 2015
May 4, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5240 Ithaca Ave

Assessed Value (2020): $974,100

Year	Land Value	Improved Value	Assessed Value
2020	$632,400	$341,700	$974,100

About 5240 Ithaca Ave

Detailed summary of property

5240 Ithaca Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90032 and last sold on July 6, 2018 for $955,000. This property has 8 bedrooms, 4 bathrooms, roughly 2,784 living square feet, and sits on an approximately 5,012 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 14.73% lower than the current median priced home. 5240 Ithaca Ave was last sold on July 6, 2018 for $955,000. Local nearby listings include 4620 Richelieu Terrace, 2445 N Ditman Ave and 4750 Templeton St #1322. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 5240 Ithaca Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5240 Ithaca Ave

Public county record property details

Beds: 8
Baths: 4
Year built: 1981
Sq. Ft.: 2,784
Lot Size: 5,012
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 277
APN: 5217-020-029

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$789,000

Median List Price/Sq.Ft.

$652

Median Sold Price

$765,000

Median Sold Price/Sq.Ft.

$711

Total Inventory

Median Sale to List Price %

109.44%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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(714) 706-1823

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