$1,633,000
SOLD FEB 12, 2019

5255 Tilden Ave Sherman Oaks, CA 91401

-- Bed
-- Bath
3,406 Sq Ft
8,348 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

14% Below List Price

503 Days on Market

About This Home

As of February 2019

This Spanish Haciendas was completely redone. Interiors, exterior, landscaping and infrastructure all completely renovated and updated. It has two units of 1+1 and 2+2+den. In addition there is a new structure with two units of 1+1.5+Loft. It has Spanish shingle red tile roof, separate entrance and private small garden to each unit, grassy outdoor space, and gated parking. Separate electric and gas meters, and close circuit camera system, as well as a lot of privacy. Units A, C and D the one bedroom units having polished concrete floors, with open floor plans while the 2+2+Den hardwood flooring and eat-in bar. All units having central A/C heating, laundry and dryer machines, stone countertops, and stainless steel appliances. All plumbing and electrical are brand new. Located in a small residential pocket and surrounded by single family residences on a quiet street. Seller motivated.

Last Agent to Sell the Property

Daniel Baird

Sperry Van Ness License #01249675 Listed on: 09/06/2017

Last Buyer's Agent

Daniel Baird

Sperry Van Ness License #01249675 Listed on: 09/06/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,997

Year Built

  • Built in 1940

Home Design

  • Shingle Roof

Interior Spaces

  • 3,406 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry in unit
  • Washer

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • Uncovered Parking

Additional Features

  • 8,348 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 2248-013-020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,997

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 3406
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 496.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 7
  • Parking Garage: Uncovered
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Expense: 2700.00

Fee Information

  • Insurance Expense: 1864.00
  • Maintenance Expense: 1000.00
  • Trash Expense: 1440.00

Lot Info

  • Assessed Improvement Value: 136690
  • Assessed Land Value: 546761
  • Assessor Parcel Number: 2248-013-020
  • Geocode Override: No
  • Lot Size Area: 8348

Rental Info

  • Total Actual Rent: 115920.00
  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.58
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 29629
  • Type Of Units: 2+2+Den
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 21125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 24, 2019
Sold by
Rrj Elka Llc
Bought by
Sobol Margo and Fridman Boris
Seller's Agent
Daniel Baird
Sperry Van Ness
Buyer's Agent
Daniel Baird
Sperry Van Ness
List Price
$1,900,000
Sold Price
$1,633,000
Premium/Discount to List
-$267,000
-14.05%
Total Days on Market
503
Current Estimated Value
$2,378,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,153
Avg. Annual Appreciation
6.15%
Original Mortgage
$1,061,450
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2016
Sold by
Ficks Jeff
Bought by
Rrj Elka Llc

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 17, 2013
Sold by
Wolfe Ficks Meris
Bought by
Ficks Jeff
Seller's Agent
Syrus Jamneshan
Coldwell Banker Realty
Buyer's Agent
Jeff Ficks
General Realty Group,Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 8, 2013
Sold by
Fotoohi Shabnam
Bought by
Fotoohi Mike
Seller's Agent
Syrus Jamneshan
Coldwell Banker Realty
Buyer's Agent
Jeff Ficks
General Realty Group,Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 3, 2013
Sold by
Fotoohi Payman and Fotoohi Mike
Bought by
Ficks Jeff and Rrj Elka Llc
Seller's Agent
Syrus Jamneshan
Coldwell Banker Realty
Buyer's Agent
Jeff Ficks
General Realty Group,Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Negar Helen Amiri and Akhavan Mohammad Hossein
Bought by
Fotoohi Paymon and Fotoohi Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2010
Sold by
M & M Tilden Development Llc
Bought by
Negar Helen Amiri and Akhaven Mohammad Hossein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2009
Sold by
Negar Helen Amiri
Bought by
M & M Tilden Development Llc

Purchase Details

Closed on
May 1, 2007
Sold by
Negar Helen Amir and Akhavan Mohammad Hossein
Bought by
M & M Tilden Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2007
Sold by
M & M Tilden Development Llc
Bought by
Negar Helen Amiri and Akhavan Mohammad Hossein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
Negar Helen Amiri and Akhavan Mohammad Hossein
Bought by
M & M Tilden Development Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Ashkenazy Ruthie
Bought by
Amirinegar Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 7, 2006
Sold by
Akhavan Mohammad
Bought by
Amirinegar Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 29, 2000
Sold by
Levaton Jack and Levaton Selma
Bought by
Ashkenazy Ruthie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.87%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,633,000 Lawyers Title
Grant Deed $190,000 None Available
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- Equity Title Los Angeles
Grant Deed $660,000 Equity Title Los Angeles
Grant Deed $495,000 Pacific Coast Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- Equity Title Company
Grant Deed -- None Available
Grant Deed $795,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $225,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,062,750 Adjustable Rate Mortgage/ARM
Closed $1,061,450 Adjustable Rate Mortgage/ARM
Previous Owner $371,250 New Conventional
Previous Owner $636,000 New Conventional
Previous Owner $159,000 Credit Line Revolving
Previous Owner $159,000 Credit Line Revolving
Previous Owner $556,500 Negative Amortization
Previous Owner $159,000 Credit Line Revolving
Previous Owner $272,000 Unknown
Previous Owner $35,000 Unknown
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $1,633,000 -3.4% $479 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
08/10/2018 08/10/18 Price Changed $1,690,000 -3.9% $496 / Sq Ft
06/22/2018 06/22/18 Price Changed $1,759,000 -4.9% $516 / Sq Ft
03/09/2018 03/09/18 Price Changed $1,850,000 -2.6% $543 / Sq Ft
09/06/2017 09/06/17 For Sale $1,900,000 +187.9% $558 / Sq Ft
10/24/2013 10/24/13 Sold $660,000 -5.6% $400 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $699,000 -- $423 / 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 $21,997 $1,785,920 $1,064,115 $721,805
2023 $21,572 $1,750,902 $1,043,250 $707,652
2022 $20,571 $1,716,572 $1,022,795 $693,777
2021 $20,316 $1,682,915 $1,002,741 $680,174
2020 $20,523 $1,665,660 $992,460 $673,200
2019 $10,553 $750,706 $602,231 $148,475
2018 $9,205 $735,987 $590,423 $145,564
2017 $8,916 $721,557 $578,847 $142,710
2016 $8,318 $683,451 $546,761 $136,690
2015 $8,197 $673,186 $538,549 $134,637
2014 -- $660,000 $528,000 $132,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-268192

The MLS

APN: 2248-013-020