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Status

Active

Los Angeles

5017 Ithaca Avenue

About This Property

This shovel-ready project is fully permitted and has RTI (Ready to Issue) from City of LA DBS. Plans to build include 3 separate units on 3 stories, making it a fantastic development opportunity. 1st floor: 1-bed, 1-bath with 799 SF; 2nd floor: 2-bed, 2-bath with 1,300 SF; 3rd floor: 2-bed, 2-bath, with 855 SF. Total of 2,954 SF plus a 3-car garage accessed from Ithaca Ave. This through-lot slopes up from Ithaca at the bottom to Dartmouth Ave at the top of the hill so there's opportunity to access the lot from both streets. Nestled in the El Sereno neighborhood, this property is conveniently located to Ascot Hills & Lincoln Parks, Cal State LA, Downtown LA, markets, restaurants, and major freeways.

Neighborhood

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Listing courtesy of Compass

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$390,000

Est. Monthly Payment

$2,492/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Chana Firestone

Compass