NOT LISTED FOR SALE

5228 Tilden Ave Sherman Oaks, CA 91401

Estimated Value: $963,000 - $1,195,000

4 Beds
3 Baths
1,962 Sq Ft
$533/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $945,000 $482 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,820/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Courtyard Views
  • Ceiling Fan
  • Chandler Elementary Rated A-
  • 1-Story Property

About This Home

As of October 2023

Great investment/living opportunity you don't want to miss, bring your toolbox! Attention all owner users, investors, and builder/developers. This versatile triplex is full of possibilities, located in the heart of a pristine neighborhood in Sherman Oaks. The front unit is 1 bed/1bath, middle unit is 1 bed/1 bath with galley kitchen and wood floors, back unit is 2 bed/1 bath with chef's kitchen and laminate floors. Low maintenance drought resistant landscaping and patio area with shared access from all units, plenty of room to build out and add on. 4 parking spaces and shared common area laundry. ADU Potential for an additional 4th unit! Centrally located, close to shops, restaurants and parks.

Last Listed By

Sharona Farhadian

Sotheby's International Realty License #01402655 Listed on: 08/10/2023

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,650

Year Built

  • Built in 1948

Lot Details

  • 5,905 Sq Ft Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Courtyard Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Stacked Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer in Street

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2248-012-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,650

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: triplex, investment, flip, rehab, sherman oaks, multifamily
  • Living Area: 1962
  • Lot Acreage: 0.1356
  • Year Built: 1948
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 4
  • Laundry: Outside, Community
  • Total Bathrooms: 3.00
  • Equipment: Gas Dryer Hookup, Stackable W/D Hookup, Ceiling Fan
  • Price Per S Q F T: 585.63

Exterior Features

  • Other Structures: None
  • Roof: Composition
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Security: Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 18.52
  • Assessed Improvement Value: 131341
  • Assessed Land Percent: 81.48
  • Assessed Land Value: 577942
  • Total Assessed Value: 709283
  • Assessor Parcel Number: 2248-012-007
  • Lot Size Area: 5905

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 4400.00
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 26, 2023
Sold by
Ben and Inbal
Bought by
Ben Properties Inc
Seller's Agent
Sharona Farhadian
Sotheby's International Realty
Buyer's Agent
Inbal Ben
Equity Union
List Price
$1,149,000
Sold Price
$945,000
Premium/Discount to List
-$204,000
-17.75%
Total Days on Market
27
Views
303
Current Estimated Value
$1,044,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,924
Avg. Annual Appreciation
6.32%
Original Mortgage
$661,500
Outstanding Balance
$651,681
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$393,243

Purchase Details

Closed on
Nov 5, 2021
Sold by
Mirfakhrai Ali
Bought by
Mirfakhrai Ali and Torres Juana Mabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Mirfakrai Ali and Swain Annette
Bought by
Mirfakrai Ali

Purchase Details

Closed on
Dec 7, 2004
Sold by
Brenner Norman C and The Norman C Brenner Living Tr
Bought by
Mirfakhrai Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ben Properties Inc -- First American Title
Ben Yanni $945,000 First American Title
Mirfakhrai Ali -- Orange Coast Title Company
Mirfakrai Ali -- None Available
Mirfakhrai Ali $540,000 Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben Yanni $661,500
Previous Owner Mirfakhrai Ali $388,000
Previous Owner Mirfakhrai Ali $417,000
Previous Owner Mirfakhrai Ali $432,000
Previous Owner Brenner Norman C $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $945,000 -17.8% $482 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $1,149,000 -- $586 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,650 $945,000 $567,000 $378,000
2023 $8,990 $723,467 $589,500 $133,967
2022 $8,574 $709,283 $577,942 $131,341
2021 $8,470 $695,376 $566,610 $128,766
2019 $8,218 $674,753 $549,805 $124,948
2018 $8,123 $661,524 $539,025 $122,499
2016 $7,766 $635,839 $518,095 $117,744
2015 $5,981 $486,000 $396,000 $90,000
2014 $6,134 $614,022 $500,317 $113,705
Source: Public Records

Agents Affiliated with this Home

  • Sharona Farhadian

    Seller's Agent in 2023

    Sharona Farhadian

    Sotheby's International Realty

    (848) 632-9990

    3 in this area

    21 Total Sales

    Sharona Farhadian
    Section Image

  • I

    Buyer's Agent in 2023

    Inbal Ben

    Equity Union

    (818) 989-2000

    1 in this area

    4 Total Sales

    Inbal Ben
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-299527

The MLS

APN: 2248-012-007

California Los Angeles County Sherman Oaks 91401

5228 Tilden Ave, Sherman Oaks, CA

Homes for Sale in Sherman Oaks, CA

This home is located at 5228 Tilden Ave, Sherman Oaks, CA 91401 since 10 August 2023 and is currently estimated at $1,044,924, approximately $532 per square foot. This property was built in 1948. 5228 Tilden Ave is a home located in Los Angeles County with nearby schools including Chandler Elementary, Van Nuys High School, and Ivy Bound Academy of Math Sci and Tech Charter Middle.

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