NOT LISTED FOR SALE

5370 Circle Dr Sherman Oaks, CA 91401

Estimated Value: $1,369,000 - $1,511,941

4 Beds
3 Baths
2,401 Sq Ft
$590/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $1,375,000 $573 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,890/month

56 Days on Market

Highlights

  • Ground Level Unit
  • Views of Trees
  • Corner Lot
  • Chandler Elementary Rated A-
  • Wood Flooring
  • Air Conditioning

About This Home

As of November 2022

SHERMAN OAKS Triplex. 3 Separate Addresses! The possibilities are endless with this 2400 sq ft, 4BR/3 BA TRIPLEX on a 5158 sq ft (LARD1.5) Prime Corner lot! Tree Lined Street. 3 Separate Garages! Well maintained, beautifully manicured. Large Laundry Room. The lower level (5370 Circle Dr) has a dedicated entrance, it is renovated and move in ready, it has 2 Bedrooms (both with walk in closets), 1 Bathroom, central air, a large exclusive outdoor patio, an attached garage and this unit will be delivered Vacant! The Upstairs (5372 & 5374 Circle Dr.) offers two separate units, both are 1Bedroom, 1 Bathroom units. Both units have 3 walls with windows, offering abundant natural light and airflow, and both have air conditioning. Both upper units are currently tenant occupied, both are on month to month leases. Each of the 3 units has a private garage. Plus there is abundant additional parking. Newer double pane windows in 2 of the 3 units, each unit has separate water heaters and there are separate gas & electric meters (plus a "main" electric meter). Great Location! Don't miss this Rare, Well Kept, highly desirable SHERMAN OAKS, South of Chandler, opportunity! Perfect for owner occupant or for an investor or for a developer. Please see the pictures, view the online 3D Virtual Tour, please do not disturb occupants if you drive by. Contact the Listing agent anytime for additional information.

Last Agent to Sell the Property

Laura Kellam

Coldwell Banker Realty License #01324416 Listed on: 08/15/2022

Coldwell Banker Realty

Last Buyer's Agent

Arus Kazarian

Keller Williams Realty World Media Center License #01413828

Keller Williams Realty World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,158 Sq Ft Lot
  • North Facing Home
  • Corner Lot

Parking

  • 3 Car Garage
  • 8 Open Parking Spaces
  • Driveway
  • Assigned Parking

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Views of Trees

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2248-014-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

5,158 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Rare Opportunity, South of Chandler, Sherman Oaks Triplex! Perfect for owner/occupant or great for a new or seasoned investor or a developer. Endless possibilities for this 2400 sq ft, 4BR/3 BA Triplex on a 5158 sq ft (LARD1.5) lot! Well maintained,beautifully manicured corner lot! Separate Gas & Electric Meters & Water Heaters for all three units. Common Laundry onsite. The lower level offers a renovated & move in ready (Single Level/No Stairs) 2 Bedrooms w/ walk in closets, 1 Bathroom, central air, a large outdoor patio, attached garage and can be delivered Vacant! Top floor offers two 1BR, 1BR units. Both 2nd floor units offer abundant natural light and airflow, both have A/C. All 3 units have a private single car garage. Plus space for 9 additional off street parking. Newer double pane windows in 2 units, each unit has water heater & gas meter. Great Location! Excellent Investment!
  • Alley: Yes
  • Living Area: 2401
  • Lot Acreage: 0.1184
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Flooring: Hardwood
  • Bedrooms: 4
  • Laundry: Room, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 583.07

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Number Patio: 3
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 8
  • Number Rented Garages: 3
  • Parking Garage: Driveway, Assigned, Garage
  • Total Parking: 11

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 54.99
  • Assessed Improvement Value: 597037
  • Assessed Land Percent: 45.01
  • Assessed Land Value: 488584
  • Total Assessed Value: 1085621
  • Assessor Parcel Number: 2248-014-009
  • Lot Location: Corner Lot
  • Lot Size Area: 5158

Rental Info

  • Land Lease Type: Fee
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Number Wall A C: 2
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Mouradchalian Sirarpi Mandossian and Ortiz Juventino Hernandez
Bought by
Sirarpi Mandossian Trust and Mouradchalian
Current Estimated Value
$1,417,735

Purchase Details

Closed on
Oct 10, 2023
Sold by
Hernandez Ortiz Juventino
Bought by
Hernandez Ortiz 2023 Trust and Ortiz

Purchase Details

Closed on
Mar 3, 2023
Sold by
Mandossian Sirarpi and Mandossian Juventino Hernandez
Bought by
Mandossian Sirarpi and Ortiz Juventino Hernandez

Purchase Details

Listed on
Aug 15, 2022
Closed on
Dec 5, 2022
Sold by
Mandossian Sirarpi
Bought by
Mandossian Sirarpi and Ortiz Juventino Hernandez
Seller's Agent
Laura Kellam
Coldwell Banker Realty
Buyer's Agent
Arus Kazarian
Keller Williams Realty World Media Center
List Price
$1,499,950
Sold Price
$1,375,000
Premium/Discount to List
-$124,950
-8.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$962,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 9, 2022
Sold by
Hernandez Juventino
Bought by
Mandossian Sirarpi
Seller's Agent
Laura Kellam
Coldwell Banker Realty
Buyer's Agent
Arus Kazarian
Keller Williams Realty World Media Center
List Price
$1,499,950
Sold Price
$1,375,000
Premium/Discount to List
-$124,950
-8.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 2, 2022
Sold by
Anne C Mulroney Trust
Bought by
Mandossian Sirarpi
Seller's Agent
Laura Kellam
Coldwell Banker Realty
Buyer's Agent
Arus Kazarian
Keller Williams Realty World Media Center
List Price
$1,499,950
Sold Price
$1,375,000
Premium/Discount to List
-$124,950
-8.33%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2018
Sold by
Mulroney Anne C
Bought by
Mulroney Anne C and Burke Charles D

Purchase Details

Closed on
Aug 15, 2005
Sold by
Nicolaou Theodore and Nicolaou Elsa
Bought by
Burke Robert S and Burke Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Kessel Alex Robert and Kessel Ivy Karen
Bought by
Nicolaou Theodore and Nicolaou Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2001
Sold by
Kessel Alex R and Kessel Ivy
Bought by
Kessel Alex Robert and Kessel Ivy Karen

Purchase Details

Closed on
Sep 14, 2000
Sold by
Harvey Scott and Salmen Cynthia
Bought by
Kessel Alex R and Kessel Ivy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Interest Rate
7.96%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Reay James T
Bought by
Harvey Scott and Salmen Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,200
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sirarpi Mandossian Trust -- None Listed On Document
Sirarpi Mandossian Trust -- None Listed On Document
Mouradchalian Sirarpi Mandossian -- None Listed On Document
Ortiz Juventino Hernandez -- None Listed On Document
Hernandez Ortiz 2023 Trust -- None Listed On Document
Sirarpi Mandossian Trust -- None Listed On Document
Mandossian Sirarpi -- None Listed On Document
Mandossian Sirarpi -- Stewart Title
Mandossian Sirarpi -- Equity Title
Mandossian Sirarpi $1,375,000 Fidelity Title
Mulroney Anne C -- None Available
Mulroney Anne C -- None Available
Burke Robert S $860,000 Fidelity Van Nuys
Nicolaou Theodore $495,000 Fidelity National Title Co
Kessel Alex Robert -- Equity Title Company
Kessel Alex R $307,000 First American Title Co
Harvey Scott $266,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandossian Sirarpi $962,500
Previous Owner Burke Robert S $644,950
Previous Owner Nicolaou Theodore $315,000
Previous Owner Kessel Alex R $245,600
Previous Owner Harvey Scott $213,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $1,375,000 -1.8% $573 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/22/2022 09/22/22 Price Changed $1,399,950 -6.7% $583 / Sq Ft
08/15/2022 08/15/22 For Sale $1,499,950 -- $625 / Sq Ft
Source: The MLS

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 $17,192 $1,430,550 $858,330 $572,220
2024 $17,192 $1,402,500 $841,500 $561,000
2023 $16,858 $1,375,000 $825,000 $550,000
2022 $13,184 $1,107,332 $498,355 $608,977
2021 $13,017 $1,085,621 $488,584 $597,037
2020 $13,148 $1,074,491 $483,575 $590,916
2019 $11,070 $921,000 $414,300 $506,700
2018 $11,196 $921,000 $414,300 $506,700
2016 $9,974 $825,000 $371,100 $453,900
2015 $9,975 $825,000 $371,100 $453,900
2014 $8,753 $705,000 $317,100 $387,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-188155

The MLS

APN: 2248-014-009

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