5150 S Western Ave Los Angeles, CA 90062
Property details
About 5150 S Western Ave
Prime Development Opportunity – Vacant Land with RTI Plans! Presenting an outstanding opportunity for developers and investors: vacant land with Ready-to-Issue (RTI) plans to construct 4 luxurious three-story units in the form of two duplexes. Each unit is thoughtfully designed with: 5 bedrooms and 5 bathrooms per unit a total building area of 8,412 sqft across all units. Modern layouts offering functionality and style. No RSO and Not subject to SB8 regulations, Streamlined project ready to go! Located in a desirable area, this property is perfect for those seeking to maximize their return on investment with a turnkey development opportunity. Buyer to perform their own investigations and due diligence regarding all aspects of the property, plans, and development. This is a rare chance to build an impressive project—don't miss out!
Highlights
Summary
- List Price: $925,000
- HOA Amount: $0
- Annual Tax Amount: $9,336
- Tax Year: 2024
- Directions: North of Slauson Ave
- Lot Size: 0.1493 Acres
- MLS Number: CV25126614
- MLS Name: CRMLS
- Office Name: OPTION ONE REALTY & INVESTMENT
- Office Phone: (626) 825-7325
- Listing Agent: Jaime Ruiz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 17, 2023 | Home Sold | $750,000 |
| Oct 07, 2019 | Home Sold | $320,000 |
| Nov 18, 2008 | Home Sold | $270,000 |
| Jul 08, 2008 | Home Sold | $270,000 |
| Jun 27, 2006 | Home Sold | $280,000 |
| Mar 17, 2006 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $750,000 | $9,336 |
| 2023 | $630,706 | $7,907 |
| 2022 | $803,841 | $9,712 |
| 2021 | $788,080 | $9,602 |
| 2020 | $780,000 | $3,999 |
| 2019 | $311,685 | $3,992 |
| 2018 | $305,574 | $3,912 |
| 2017 | $299,583 | $3,912 |
History based on county public records data.
Nearby schools
4
Western Avenue Elementary
Public Magnet KG-5
0.2 mi
•1724 W 53rd St
3
Angeles Mesa Elementary
Public District KG-5
0.7 mi
•2611 W 52nd St
5
Normandie Avenue Elementary School
Public District PK-5
0.7 mi
•4505 S Raymond Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,000. Most Los Angeles, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Frequently asked questions
About 5150 S Western Ave
The listing price of 5150 S Western Ave property is $925,000.
The property 5150 S Western Ave is land located in Los Angeles, California, 90062.
Active Listing: 5150 S Western Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5150 S Western Ave are: Western Avenue Elementary (GreatSchools Rating 4/10), Angeles Mesa Elementary (GreatSchools Rating 3/10), Normandie Avenue Elementary School (GreatSchools Rating 5/10), Barack Obama Global Preparation Academy (GreatSchools Rating 2/10), Kipp Scholar Academy (GreatSchools Rating 3/10), New Heights Charter (GreatSchools Rating 6/10), La's Promise Charter High #1 (GreatSchools Rating 6/10), Alliance Ouchi-O'Donovan 6-12 Complex (GreatSchools Rating 5/10), Whitney Young Continuation (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $9,336 (source: MLS/based on county public records data).
The last sale was on August 17, 2023 for $750,000 (source: MLS/tax record).
The property 5150 S Western Ave is 0.149 acres.
This home is located at 5150 S Western Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $925,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. Between May and June 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 9%. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.