NOT LISTED FOR SALE

5243 Tilden Ave Sherman Oaks, CA 91401

Estimated Value: $1,006,000 - $1,204,000

3 Beds
3 Baths
1,470 Sq Ft
$747/Sq Ft Est. Value

Last Sold April 02, 2021

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

Est. 24% increase in value since last sale

Current estimated payment $6,942/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 Agent to Sell the Property

Jennifer Hein

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

Realty Executives Homes

Last Buyer's Agent

Michael Fitzgerald

Power Brokers License #02016898

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
Current Estimated Value
$1,097,623

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
5.43%

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
Source: Public Records

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
2025 $11,547 $957,951 $574,771 $383,180
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

  • Jennifer Hein

    Seller's Agent in 2021

    Jennifer Hein

    Realty Executives Homes

    (818) 644-3258

    1 in this area

    19 Total Sales

    Jennifer Hein
    Section Image
  • Michael Fitzgerald

    Buyer's Agent in 2021

    Michael Fitzgerald

    Power Brokers

    (310) 793-6136

    1 in this area

    10 Total Sales

    Michael Fitzgerald
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-675592

The MLS

APN: 2248-013-018

California Los Angeles County Sherman Oaks 91401

5243 Tilden Ave, Sherman Oaks, CA

This home is located at 5243 Tilden Ave, Sherman Oaks, CA 91401 since 04 January 2021 and is currently estimated at $1,097,623, approximately $746 per square foot. This property was built in 1941. 5243 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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