NOT LISTED FOR SALE

5232 Tilden Ave Sherman Oaks, CA 91401

Estimated Value: $1,666,000 - $4,295,000

14 Beds
12 Baths
6,262 Sq Ft
$524/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $3,550,000 $567 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $22,001/month

Highlights

  • New Construction
  • No Units Above
  • Landscaped
  • Chandler Elementary Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of November 2022

Sold before processing.

Last Listed By

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 11/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,672

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 5,904 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Level Lot

Parking

  • 8 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 6,262 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 6015
  • Assessor Parcel Number 2248012006
  • $219 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,505
  • Maintenance Expense $1,600
  • New Taxes Expense $41,720
  • Operating Expense $47,024
  • Gross Income $19,200
  • Net Operating Income $174,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,672

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.91
  • Price Per Unit: 887500
  • Property Attached: Yes
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2248012006
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Stories: 3
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Three Or More
  • Price Per Square Foot: 566.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Level
  • Lot Size Sq Ft: 5904.00
  • Lot Size Acres: 0.1355

Multi Family

  • Average3 Bed Area: 1243 Square Feet
  • Gross Income: 19200.00
  • Gross Multiplier: 15.41
  • Gross Operating Income: 221184.00
  • Gross Scheduled Income: 230400.00
  • Insurance Expense: 2505.00
  • Lot Size Area: 5904.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 174160.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 47024.00
  • Rent Control: No
  • Total Expenses: 47024.00
  • Vacancy Allowance: 9216

Tax Info

  • New Taxes Expense: 41720.00
  • Tax Census Tract: 1285.00
  • Tax Lot: 95
  • Tax Tract Number: 6015
  • TaxOtherAnnualAssessmentAmount: 219.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Oct 28, 2022
Sold by
5232 Tilden Llc
Bought by
Ocean Bay Strand Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Deon Thiara
West Shores Realty, Inc.
List Price
$3,550,000
Sold Price
$3,550,000
Total Days on Market
0
Current Estimated Value
$3,280,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$269,558
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Apr 7, 2021
Sold by
Cristofar Sharon Binder and Cristofar David
Bought by
5232 Tilden Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2006
Sold by
Cristofar Sharon
Bought by
Cristofar Sharon Binder and Sharon Binder Cristofar Revocable Trust

Purchase Details

Closed on
Jan 22, 2006
Sold by
Cristofar David
Bought by
Cristofar David and David Cristofar Revocable Trust

Purchase Details

Closed on
Mar 25, 2004
Sold by
Cristofar David and Cristofar Sharon
Bought by
Cristofar David

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

Purchase History

Date Buyer Sale Price Title Company
Ocean Bay Strand Llc $3,550,000 Lawyers Title
5232 Tilden Llc $850,000 First American Title Company
Cristofar Sharon Binder -- Accommodation
Cristofar David -- Accommodation
Cristofar David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Bay Strand Llc $1,040,000
Previous Owner 5232 Tilden Llc $1,501,400
Previous Owner 5232 Tilden Llc $50,000
Previous Owner 5232 Tilden Llc $637,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $3,550,000 0.0% $567 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $3,550,000 -- $567 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $43,672 $3,621,000 $1,448,400 $2,172,600
2023 $42,809 $3,550,000 $1,420,000 $2,130,000
2022 $10,331 $867,000 $693,600 $173,400
2021 $2,535 $197,113 $139,710 $57,403
2020 $2,558 $195,093 $138,278 $56,815
2019 $2,462 $191,268 $135,567 $55,701
2018 $2,377 $187,518 $132,909 $54,609
2016 $2,265 $180,239 $127,749 $52,490
2015 $2,234 $177,533 $125,831 $51,702
2014 $2,250 $174,057 $123,367 $50,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22238143

California Regional Multiple Listing Service (CRMLS)

APN: 2248-012-006