5090 Ithaca, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 1 bath
5090 Ithaca
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 5090 Ithaca, Los Angeles, California 90032 reveals a property with a current list price of $605,000, which is 14% above the estimated $528,780 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5090 Ithaca Subject | $605,000* List Price | 3 | 1 | 656 | $806 | - |
A 5013 O Sullivan Drive Sold | $605,000 | 2 | 1 | 802 | $754 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1924 and sold in 'As-Is' condition, this property requires substantial rehabilitation and modernization. The listing explicitly mentions significant deferred maintenance and a cramped 656 sqft footprint for a three-bedroom layout, which likely indicates unpermitted additions given the public record shows only one bedroom. The property is positioned as an investment opportunity requiring a 'vision,' suggesting that major systems, the kitchen, and the bathroom are outdated or in disrepair.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated just minutes from Downtown Los Angeles and Cal State LA, the property offers excellent accessibility to major freeways and public transit, making it highly attractive for commuters and students.
- Expansion Potential
The property sits on a generous 4,808 sqft lot with the existing structure set back, providing ample space for potential expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize value.
- Privacy and Parking
Featuring mature trees for natural privacy and a large rear driveway, the property addresses common urban challenges by providing significant off-street parking and a secluded residential feel.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
- Permitting Discrepancies
There is a notable discrepancy between the 3-bedroom listing and the 1-bedroom public record, which may indicate unpermitted additions and could complicate traditional financing or future resale.
- Significant Renovation Required
Sold in 'As-Is' condition with a very small 656 sqft footprint for three bedrooms, the property likely requires substantial capital investment to address deferred maintenance and modernize the cramped layout.
About 5090 Ithaca
Full of potential and endless possibilities with the right vision this is a great opportunity for an investment or home. The property is a 3 bedroom 1 bath, public record showing 1 bedroom 1 bath. Property sits back on lot which offers ample space for expanding with mature trees for privacy. Large driveway in the back for parking and easy access. Storage and laundry in the basement. Located just minutes from Downtown LA and convenient access to all major freeways with Cal State LA, Ascot Park, shopping, dining and public transportation nearby. Property is being sold in As-Is condition.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,808 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 656 | 1,232 | 5% |
| Lot Size | 4,808 | 5,324 | 32% |
| Price | $605.0K | $850.0K | 15% |
| Price per sq ft | $922 | $674 | 90% |
| Built year | 1924 | 1940 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 176 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$605,000
Initial Listing