$5,875,000
SOLD MAY 22, 2019

5008 Hazeltine Ave Sherman Oaks, CA 91423

35 Beds
35 Baths
19,510 Sq Ft
0.47 Acres

Recently Sold

$301 Per Sq Ft

10% Below List Price

203 Days on Market

About This Home

As of December 2022

The subject property is a charming 1950's property in an excellent Sherman Oaks Location, South of Magnolia Blvd and just North of Riverside Drive. The property was built in 1957 and is NOT subject to rent control. There is an excellent unit mix Seventeen Two Bedroom/Two Bath Units and One One Bedroom/One Bath Unit. Units are very spacious as building is 19,510 gross square feet. The property offers tenants a well maintained charming residence in a great Sherman Oaks Location. Easy access to the 101 freeway and close proximity to Ventura Blvd provides tenants plenty of dining, shopping and entertainment options. Amenities at the property include a pool, covered parking, on-site laundry facility and a nicely landscaped courtyard and entrance.Property is Luxury Exempt and is not subject to Rent Control (Contact Listing Agent should you have questions).

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 07/09/2018

Co-Listed By

Jeff Louks

Marcus & Millichap License #00908473

Last Buyer's Agent

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 07/09/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.47 Acre Lot

Interior Spaces

  • 19,510 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 35 Bedrooms
  • 35 Bathrooms

Parking

  • 18 Parking Spaces
  • Covered Parking

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 2269-009-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 19510
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 35
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 35.00
  • Den: 0
  • Price Per S Q F T: 304.97

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 18

Lot Info

  • Assessed Improvement Value: 306299
  • Assessed Land Value: 112791
  • Assessor Parcel Number: 2269-009-031
  • Geocode Override: No
  • Lot Size Area: 20473

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.17
  • Number Of Units: 18
  • Rent Control: 0
  • Total Annual Expense: 155849
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $8,750,000 -4.4% $448 / Sq Ft
10/20/2022 10/20/22 For Sale $9,150,000 +55.7% $469 / Sq Ft
05/22/2019 05/22/19 Sold $5,875,000 -1.3% $301 / Sq Ft
01/11/2019 01/11/19 Price Changed $5,950,000 -4.8% $305 / Sq Ft
09/04/2018 09/04/18 Price Changed $6,250,000 -3.8% $320 / Sq Ft
07/09/2018 07/09/18 For Sale $6,500,000 -- $333 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brett Sanson

    Seller's Agent in 2022

    Brett Sanson

    Marcus & Millichap

    (818) 212-2700

    5 in this area

    23 Total Sales

    Brett Sanson
    Section Image
  • Jeff Louks

    Seller Co-Listing Agent in 2022

    Jeff Louks

    Marcus & Millichap

    (818) 212-2700

    5 in this area

    64 Total Sales

    Jeff Louks
    Section Image
  • Kelly Morgan

    Buyer's Agent in 2022

    Kelly Morgan

    KW Advisors

    (310) 836-3638

    1 in this area

    29 Total Sales

    Kelly Morgan
    Section Image
  • Daniel Withers

    Seller's Agent in 2019

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    49 Total Sales

    Daniel Withers
    Section Image
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Map

Source: The MLS

MLS Number: 18-362542

The MLS

California Los Angeles County Sherman Oaks 91423

5008 Hazeltine Ave, Sherman Oaks, CA

This home is located at 5008 Hazeltine Ave, Sherman Oaks, CA 91423 and is currently priced at $5,875,000, approximately $301 per square foot. This property was built in 1957. 5008 Hazeltine Ave is a home located in Los Angeles County with nearby schools including Chandler Elementary, Ulysses S. Grant Senior High School, and Riverside Drive Charter Elementary School.

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