Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5017 Ithaca Ave Los Angeles, CA 90032

    For Sale
    $475,000

    LAND - Los Angeles, CA

    Lot size:
    0.15 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 5017 Ithaca Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR1
    APN
    5216-019-015
    Lot size
    0.15 Acres

    Compass [email protected]

    Listing agent Chana Firestone (310) 652-6285 License #01939330

    Listing date May 28, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ready-to-Issue Land in Los Angeles

    This shovel-ready land is fully permitted and Ready to Issue (RTI). The plan is to build three separate units across three stories, presenting a development opportunity. The first floor is designed for a 1-bed, 1-bath unit with 799 square feet. The second and third floors are each planned for 2-bed, 2-bath units, with 1,300 and 855 square feet respectively, totaling 2,954 square feet. A 3-car garage will be accessible from Ithaca Avenue. The through-lot slopes upwards from Ithaca Avenue to Dartmouth Avenue. Located in the El Sereno neighborhood of Los Angeles, California, the property is near Ascot Hills and Lincoln Parks, California State University Los Angeles, Downtown Los Angeles, markets, restaurants, and major freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.176891
    Latitude
    34.071188

    Nearby Similar for Sale

    • $3,099,999
      6,845 SF

      New Construction Fourplex in Mid-City

      Fully leased, high-end fourplex in a desirable Los Angeles location.
      1638 Longwood Ave, Los Angeles, CA 90019
      View Details
    • $1,779,000
      5,218 SF

      New Triplex in Central Los Angeles

      Contemporary triplex near freeways, stadiums, and arenas.
      232 E Gage Ave, Los Angeles, CA 90003
      View Details
    • $2,299,000
      7,264 SF

      New Construction Quadplex Townhome Style

      New construction, four-unit townhome style property in Los Angeles.
      1643 W 82Nd St, Los Angeles, CA 90047
      View Details
    • $2,299,000
      7,264 SF

      New Construction Quadplex Townhome Style

      New construction 4-unit townhome centrally located near freeways and stadiums.
      1643 W 82Nd St, Los Angeles, CA 90047
      View Details
    • $1,700,000
      4,631 SF

      Renovated Multifamily Investment Opportunity

      Fully leased, renovated multifamily property in East LA with high cap rate.
      930 Fraser Ave, Los Angeles, CA 90022
      View Details
    • $2,799,000
      7,961 SF

      Los Angeles Quadruplex New Construction

      Modern 4-unit property in prime Los Angeles location.
      300 E 25Th St, Los Angeles, CA 90011
      View Details

    FAQs

    What type of property is this?
    Land - Shovel-ready land for development in El Sereno neighborhood.
    Where is this land located?
    The property is located at 5017 Ithaca Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Shovel-ready project, fully permitted, and RTI (Ready to Issue).; - Development opportunity for **3 separate units on 3 stories**.; - Includes a **3-car garage** accessed from Ithaca Ave.
    (310) 652-6285
    Request Owner's contact information
    5017 Ithaca Ave Los Angeles, CA 90032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5017 Ithaca Ave
    Los Angeles, CA 90032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5017 Ithaca Ave Los Angeles, CA 90032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.