NOT LISTED FOR SALE

5370 Circle Dr Sherman Oaks, CA 91401

Estimated Value: $1,407,000 - $1,567,000

4 Beds
3 Baths
2,401 Sq Ft
$618/Sq Ft Est. Value

Last Sold November 16, 2022

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

Est. 8% increase in value since last sale

Current estimated payment $9,737/month

56 Days on Market

Highlights

  • Ground Level Unit
  • Wood Flooring
  • Views
  • Chandler Elementary Rated A-
  • Corner Lot
  • Laundry Room

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 Listed By

Laura Kellam

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

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,192

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
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Ground Level Unit
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2248-014-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,192

Year Built

Built in 1950

Lot Details

0

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
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Number Range: 3
  • Number Refrigerator: 2
  • 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
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 0

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
Total Days on Market
56
Current Estimated Value
$1,483,570

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
3.06%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.26%
Mortgage Type
Unknown

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%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 14747 Hartsook St, Los Angeles, CA 91403

    $1,499,000

    • 4 Beds
    • 2 Baths
    • 2,590 Sq Ft
    • 14747 Hartsook St
    • Los Angeles, CA

    14745-47 Hartsook - A Single Family home 3 bedroom/family room with a 2 bedroom FULLY PERMITTED ADU. Two separate structures with total of 2590 sq ft on a 6504 sq ft lot. Spa, newer systems, pristine and tranquil back yard space. Too many upgrades to list. Location is close to all - schools, retail, restaurants and more! Great price for the area. See virtual links for both properties. Ready To

    Charles Horwitz RE/MAX Alliance Group

    Section Image
  • 5723 Kester Ave, Van Nuys, CA 91411

    $1,290,000

    • 4 Beds
    • 2 Baths
    • 1,872 Sq Ft
    • 5723 Kester Ave
    • Van Nuys, CA

    Tremendous investment opportunity in a prime location! Currently property consists of a duplex with each featuring 2 bed 1 bath and that will be delivered vacant offering great opportunity for owner users and investors. A savvy investor can also take advantage of RTI-approved plans for a luxury 5-unit development. Once built, this project offers strong potential for an exceptional return. A rare

    Lilach Basson Compass

    Section Image
  • 5800 Kester Ave, Van Nuys, CA 91411

    $1,249,999

    • 4 Beds
    • 2 Baths
    • 1,897 Sq Ft
    • 5800 Kester Ave
    • Van Nuys, CA

    Welcome to 5800 Kester Avenue, a rare opportunity to own a completely private, gated duplex in the heart of Sherman Oaks. Featuring two separate addresses, this fully remodeled property is ideal for investors, multi-generational living, or those seeking a flexible live/work setup.Both units are delivered 100% vacant, making this property ideal for immediate occupancy, dual living, or rental

    Patti Mardell Equity Union

    Section Image
  • 14426 Friar St, Los Angeles, CA 91401

    $1,450,000

    • 2 Beds
    • 4 Baths
    • 3,236 Sq Ft
    • 14426 Friar St
    • Los Angeles, CA

    Prime Mixed-Use Property Near Van Nuys Courthouse. This exceptional mixed-use property offers versatility and modern upgrades in a prime location. The ground floor features two storefronts, each with a private entrance, which can be used separately or combined into a spacious retail or office area. Upstairs, two private 1-bedroom, 1-bathroom residential units each with its own entrance provide

    Danielle Peretz The Beverly Hills Estates

    Section Image
  • 6643 Kester Ave, van Nuys, CA 91405

    $1,149,000

    • 5 Beds
    • 3 Baths
    • 2,162 Sq Ft
    • 6643 Kester Ave
    • van Nuys, CA

    Value investment opportunity in the heart of Van Nuys and SVF. This triplex features two 2-bed/1 bath and one 1 bed/1 bath unit mix. All units are furnished at this time and set up for either mid-term or long-term tenancy (see Inclusions for more details). The back 2-bedroom has a fenced-in private patio with an orange tree and direct access to one of the garages. It has the vibe of an

    YiFan Rao Yifan Rao

    Section Image
  • 6851 Woodman Ave, Van Nuys, CA 91405

    $1,675,000

    • 6 Beds
    • 4 Baths
    • 2,908 Sq Ft
    • 6851 Woodman Ave
    • Van Nuys, CA

    CALLING ALL INVESTORS!!! Fourplex, with additional unit fully occupied under market. Property is prime for development. Comes with completed plans to build 8 town homes. Please call for more details.

    Al Kao Provenio Realty and Investment

    Section Image
See All Homes in Sherman Oaks

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
Hernandez Ortiz Juventino -- None Listed On Document
Hernandez Ortiz 2023 Trust -- None Listed On Document
Sirarpi Mandossian Trust -- None Listed On Document
Mandossian Sirarpi -- --
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 $495,000
Previous Owner Burke Robert S $644,950
Previous Owner Nicolaou Theodore $315,000
Previous Owner Kessel Alex R $248,000
Previous Owner Kessel Alex R $245,600
Previous Owner Harvey Scott $213,200
Previous Owner Reay James T $203,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

  • Laura Kellam

    Seller's Agent in 2022

    Laura Kellam

    Coldwell Banker Realty

    (310) 748-5344

    2 in this area

    32 Total Sales

    Laura Kellam
    Section Image
  • Arus Kazarian

    Buyer's Agent in 2022

    Arus Kazarian

    Keller Williams Realty World Media Center

    (818) 400-5007

    1 in this area

    14 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-188155

The MLS

APN: 2248-014-009

California Los Angeles County Sherman Oaks 91401

5370 Circle Dr, Sherman Oaks, CA

Homes for Sale in Sherman Oaks, CA

This home is located at 5370 Circle Dr, Sherman Oaks, CA 91401 since 15 August 2022 and is currently estimated at $1,483,570, approximately $617 per square foot. This property was built in 1950. 5370 Circle Dr 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes