NOT LISTED FOR SALE

5400 Veloz Ave Tarzana, CA 91356

Estimated Value: $1,149,000 - $1,868,000

4 Beds
4 Baths
1,725 Sq Ft
$875/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $1,525,000 $884 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,644/month

Highlights

  • Detached Guest House
  • In Ground Pool
  • Updated Kitchen
  • Gaspar De Portola Middle School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of May 2022

Welcome to this FULLY remodeled, stunning property in the beautiful city of Tarzana. Located South of the Boulevard. Main house offers 3 beds 3 baths with 1 bed/1 bath GUEST HOUSE. Upon entering, you are greeted by a spacious open floorplan with recessed lighting throughout, boasts an expansive dining room and living area with fireplace. The master bedroom is brightened by recessed lights, remodeled master bath and walking closet. Each room is enhanced with generous amounts of natural light. Incredible chef's kitchen with center ISLAND, custom cabinets and countertops, top of the line stainless steel appliances. Laundry area. The property includes a free-standing brand new GUEST HOUSE with separate address 5402 Veloze Ave. that offers a wonderful size living room, beautiful kitchen with new appliances and cabinets, private bedroom and laundry area. You can live in one and rent out the ADU for income. The exquisite backyard is perfect to entertain guests with the relaxing POOL that is under construction. There is so much to share about this HOME. NEW landscaping, New roof, New windows, NEW electrical wiring, NEW copper plumbing, New drywalls, New flooring, NEW EVERYTHING! Shows like a model! You must tour to truly enjoy it's VIBE. The possibility are endless here, own your very own masterpiece Estate! Located walking distance from Ventura Boulevard and house of worship with easy access to the 101 freeway.

Last Agent to Sell the Property

Jenia Cohenrad

Pinnacle Estate Properties, Inc. License #01766116 Listed on: 03/02/2022

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Jenia Cohenrad

Pinnacle Estate Properties, Inc. License #01766116 Listed on: 03/02/2022

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,277

Year Built

  • Built in 1950

Lot Details

  • 5,634 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 4 Full Bathrooms

Parking

  • Parking Available
  • RV Potential

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 12767
  • Assessor Parcel Number 2161014001
  • $223 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,277

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2161014001
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1725.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 884.06
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Other Structures: Guest House, Guest House Detached
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: RV Potential

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5634.00
  • Lot Size Acres: 0.1293
  • Latitude Manual: 34.16850900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5634.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1394.01
  • Tax Lot: 7
  • Tax Tract Number: 12767
  • TaxOtherAnnualAssessmentAmount: 223.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Gorodezky Tal
Bought by
Veloz Management Llc
Current Estimated Value
$1,508,668

Purchase Details

Closed on
Jan 29, 2021
Sold by
Tg Investments & Consulting Inc
Bought by
Gorodezky Tal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Marrone Fred D and Marrone Linda L
Bought by
Tg Investments & Consulting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Veloz Management Llc -- None Available
Gorodezky Tal -- Priority Title Camarillo
Gorodezky Tal -- Priority Title Company
Tg Investments & Consulting Inc $655,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorodezky Tal $765,000
Previous Owner Tg Investments & Consulting Inc $143,200
Previous Owner Tg Investments & Consulting Inc $706,750
Previous Owner Marrone Linda L $179,000
Previous Owner Marrone Fred D $186,000
Previous Owner Marrone Fred D $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $1,525,000 +13.0% $884 / Sq Ft
04/17/2022 04/17/22 For Sale $1,350,000 -11.5% $783 / Sq Ft
03/11/2022 03/11/22 Off Market $1,525,000 -- --
03/02/2022 03/02/22 For Sale $1,599,000 -- $927 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,277 $1,618,342 $809,171 $809,171
2024 $19,277 $1,586,610 $793,305 $793,305
2023 $18,899 $1,555,500 $777,750 $777,750
2022 $12,125 $1,020,000 $714,000 $306,000
2021 $9,300 $772,345 $529,428 $242,917
2020 $3,000 $235,770 $94,667 $141,103
2019 $2,885 $231,148 $92,811 $138,337
2018 $2,853 $226,617 $90,992 $135,625
2016 $2,718 $217,818 $87,459 $130,359
2015 $2,680 $214,547 $86,146 $128,401
2014 $2,697 $210,345 $84,459 $125,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22038576

California Regional Multiple Listing Service (CRMLS)

APN: 2161-014-001