NOT LISTED FOR SALE

5243 Tilden Ave Sherman Oaks, CA 91401

Estimated Value: $982,000 - $1,201,000

3 Beds
3 Baths
1,470 Sq Ft
$765/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $885,000 $602 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,256/month

49 Days on Market

Highlights

  • 3 Car Garage
  • Laundry Room
  • 1-Story Property
  • Chandler Elementary Rated A-

About This Home

As of April 2021

Located in a desirable part of Sherman Oaks; this charming triplex is close to 101 & 405 freeways, shops, restaurants and public transportation. Three 1BD/1BTH units with their own garage. The front unit is listed for rent at $1750 and has its own private outdoor space, a recently remodeled bathroom, and fresh paint. There are shared outdoor spaces, as well as on-site laundry (shared washer & dryer). Great investment property!

Last Listed By

Jennifer Hein

Realty Executives Homes License #02034166 Listed on: 01/04/2021

Realty Executives Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,547

Year Built

  • Built in 1941

Lot Details

  • 5,791 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2248-013-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,547

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Unknown
  • Street Number Display: Yes
  • Advertising Remarks: Located in a desirable part of Sherman Oaks; this charming triplex is close to 101 & 405 freeways, shops, restaurants and public transportation. Three 1BD/1BTH units with their own garage. The front unit, which is listed for rent at $1750, has its own private outdoor space, a recently remodeled bathroom, and fresh paint. Other rents: $1450 & $1215. There are shared outdoor spaces, as well as on-site laundry (shared washer & dryer). Great investment property!
  • Living Area: 1470
  • Lot Acreage: 0.1329
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 612.24

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 34.99
  • Assessed Improvement Value: 278200
  • Assessed Land Percent: 65.01
  • Assessed Land Value: 516800
  • Total Assessed Value: 795000
  • Assessor Parcel Number: 2248-013-018
  • Lot Location: Alley Access
  • Lot Size Area: 5791

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: n/a
  • Vacancy Rate: yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
1 Stop Property Solutions Llc
Bought by
5243 Tilden Ave Llc
Total Days on Market
49
Current Estimated Value
$1,124,371

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 11, 2021
Sold by
Smith Nathan L
Bought by
Stop Property Solutions Llc
Seller's Agent
Jennifer Hein
Realty Executives Homes
Buyer's Agent
Michael Fitzgerald
Power Brokers
List Price
$900,000
Sold Price
$885,000
Premium/Discount to List
-$15,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Jul 5, 2005
Sold by
Alonso Lazaro V and Alonso Luz M
Bought by
Smith Nathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2001
Sold by
Alonso Lazaro V and Alonso Luz M
Bought by
Alonso Lazaro V and Alonso Luz M

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
5243 Tilden Ave Llc -- None Listed On Document
Stop Property Solutions Llc $885,000 Progressive Title Company
Smith Nathan L $710,000 Chicago Title Co
Alonso Lazaro V -- --
Alonso Lazaro V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Nathan L $650,000
Previous Owner Smith Nathan L $645,300
Previous Owner Smith Nathan L $74,700
Previous Owner Smith Nathan L $603,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $885,000 -1.7% $602 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $900,000 -- $612 / 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 $11,547 $939,168 $563,501 $375,667
2023 $11,323 $920,753 $552,452 $368,301
2022 $10,795 $902,700 $541,620 $361,080
2021 $10,797 $896,376 $582,646 $313,730
2020 $10,907 $887,186 $576,672 $310,514
2019 $9,595 $795,000 $516,800 $278,200
2018 $9,727 $795,000 $516,800 $278,200
2016 $9,131 $750,000 $487,500 $262,500
2015 $7,344 $600,000 $390,000 $210,000
2014 $6,430 $510,000 $331,500 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-675592

The MLS

APN: 2248-013-018