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5316 Ithaca Ave, Los Angeles, CA 90032
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5316 Ithaca Ave Los Angeles, CA 90032

$780,000
  • 9 Beds
  • 4 Baths
  • 3,131 Sq.Ft.
For Sale
$780,000 Get Pre-Qualified
Map preview of 5316 Ithaca Ave, Los Angeles, CA 90032

Property Overview: 5316 Ithaca Ave Los Angeles, CA has 9 bedrooms, 4 bathrooms, 3,131 living square feet and 4,801 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Anthony Prieto | BRE #01352614 | The Real Estate Company JGK In
Last checked: 7 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 124
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Home details

Lot Sq. Ft
4,801
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
PW23227451
City
Los Angeles
County
Los Angeles
Time on Site
132 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 5316 Ithaca Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Driveway Down Slope From Street, Garage, Garage Faces Front, Parking Space, Tandem Covered
Lot Information
  • Lot Features: Sloped Down
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5217018010
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Alhambra ave and Haven st
Neighborhood Information
  • Community Features: Curbs, Foothills, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 5316 Ithaca Ave

Last sold on December 27th, 1995

  • December, 2023

  • Dec 18, 2023

    Date

    Active

    CRMLS: PW23227451

    $999,000

    Price

  • December, 1995

  • Dec 27, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5316 Ithaca Ave

Assessed Value (2020): $385,228
Year Land Value Improved Value Assessed Value
2020 $121,948 $263,280 $385,228

Home Value Compared to the Market

This property vs the competition

5316 Ithaca Ave is listed 36.89% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $249.12 per/sqft which puts the price per square foot 67.77% lower than the median price per square foot for the city of Los Angeles.

About 5316 Ithaca Ave

Detailed summary of property

5316 Ithaca Ave is a triplex located in Los Angeles, CA 90032 and is currently for sale. This triplex offers 9 bedrooms, 4 bathrooms, roughly 3,131 living square feet, and sits on an approximately 4,801 square foot lot. 5316 Ithaca Ave was first listed on ArdentRealEstateGroup.com on December 18, 2023. The homeowner is currently asking $780,000 and was originally asking $999,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36.89% lower than the median priced home. Local competing homes currently for sale include 2716 Marengo St, 4775 Hammel St and 4705 Dozier St. While the average home in Los Angeles, CA is selling in 96 days, 5316 Ithaca Ave has a days on market of 124 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5316 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 5316 Ithaca Ave

Public county record property details
Beds
9
Baths
4
Year built
1940
Sq. Ft.
3,131
Lot Size
4,799
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
290
APN
5217-018-010

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
$858,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$965,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
56
Median Sale to List Price %
98.98%
Avg Days on Market
35
Loan Type
Conventional (45.45%), FHA (9.09%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 5316 Ithaca Ave

5324 Ithaca Ave, Los Angeles, CA 90032
$885,000 Last Sold Price
14 Beds
10 Baths
2090 Sq.Ft.
5324 Ithaca Ave
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5231 Alhambra Ave, Los Angeles, CA 90032
$1,670,000 Last Sold Price
10 Beds
5 Baths
3500 Sq.Ft.
5231 Alhambra Ave
Los Angeles, CA 90032
5216 Ithaca Ave, Los Angeles, CA 90032
$685,000 Last Sold Price
6 Beds
4 Baths
2691 Sq.Ft.
5216 Ithaca Ave
Los Angeles, CA 90032
5150 Ithaca Ave, Los Angeles, CA 90032
$800,000 Last Sold Price
7 Beds
4 Baths
2500 Sq.Ft.
5150 Ithaca Ave
Los Angeles, CA 90032

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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