ActiveSingleFamilyResidence

5090 Ithaca

Los Angeles, CA, 90032

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$550,000

Original list price: $605,000

MLS: DW26043003

Beds

3

Baths

1

Sq Ft

656

Lot

0.11 ac

Year Built

1924

MLS #

DW26043003

Days on Market

110

Listed

Feb 26, 2026

Description

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.

Location

Los Angeles, Los Angeles County, CA 90032

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Listed by: Annamarie Banales · Brick & Co Real Estate

Payment estimate

$4,214

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,000 · Loan: $495,000

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,135
Property tax (1.25%)
$573
Homeowners insurance
$300
Mortgage insurance
$206
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $19,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Los Angeles, CA 90032 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.