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$925,000

5150 S Western Ave Los Angeles, CA 90062

0.1 acres
Land

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

Home typeOther
StatusActive
Lot size0.1493 Acres
MLS #CV25126614

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

IDX 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: 7/2/2025, 1:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

49%
<35k
39%
35k-100k
10%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
25%
Single, with Kids
12%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. In June 2025 median list price was $876,067 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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