NOT LISTED FOR SALE

5401 Simpson Ave Unit 4 Valley Village, CA 91607

Estimated Value: $606,000 - $759,000

2 Beds
2.5 Baths
1,180 Sq Ft
$559/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $610,000 $517 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,340/month

Highlights

  • Gated Community
  • View of Trees or Woods
  • Living Room Balcony
  • North Hollywood Senior High School Rated A
  • Double Oven
  • Side by Side Parking

About This Home

As of June 2022

B.O.M. South facing 2 BR + 2.5 BA townhouse in the heart of Valley Village. 1,180 sqft two story unit built in 1991. Spacious living room combined with dining room with fireplace and chandelier. Master bedroom with own full bath, walk-in closet, cathedral ceiling and balcony and 2nd master bedroom with own bath and mirrored closet upstairs. Breakfast bar in the kitchen with double oven and microwave. Enjoy trees and flowers from every room upstairs and downstairs. One-year new Central Air and Heating unit. Bright atmosphere and skylights. Laundry inside unit. Low HOA fee. Side by side parking. Small, gated complex (total 10 units) Very convenient location near major Freeways, 101, 170, 134, 405, and 5 and public transportation such as Orange Line.

Last Agent to Sell the Property

Bernard Min

Mint Real Estate License #00830569 Listed on: 05/05/2022

Last Buyer's Agent

Linda Grigorian

Compass License #01858104

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,770

Year Built

  • Built in 1991

Lot Details

  • 9,378 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 47402
  • Assessor Parcel Number 2348007065
  • $141 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 10 Units
  • 5401 Inc Association, Phone Number (818) 970-0000
  • Maintained Community

Additional Features

  • Community Storage Space
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,770

Year Built

Built in 1991

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 2348007065
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1180.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 516.95
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Slab
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Kitchen, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Water, Maintenance Front Yard
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: 5401 INC
  • Phone: 8189700000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: self

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 9378.00
  • Lot Size Acres: 0.2153

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9378.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 47402
  • TaxOtherAnnualAssessmentAmount: 141.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Malek Anita
Bought by
Moattari Kiana
Current Estimated Value
$659,528

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 1, 2022
Sold by
Min Hanna D
Bought by
Moattari Kiana and Malek Anita
Seller's Agent
Bernard Min
Mint Real Estate
Buyer's Agent
Linda Grigorian
Compass
List Price
$579,000
Sold Price
$610,000
Premium/Discount to List
$31,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
Original Mortgage
$450,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2021
Sold by
Ki Min Jung
Bought by
Min Hanna D

Purchase Details

Closed on
Nov 21, 2006
Sold by
Min Jung Ki and Min Hanna D
Bought by
Min Jung Ki and Min James J

Purchase Details

Closed on
Nov 25, 2002
Sold by
Min Jung Ki
Bought by
Min Jung Ki and Min Hanna D

Purchase Details

Closed on
Sep 19, 2002
Sold by
Hud
Bought by
Min Jung Ki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,602
Interest Rate
6.09%

Purchase Details

Closed on
May 23, 2002
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 13, 2002
Sold by
Clark James Michael and Banishahi Amir A
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Aug 10, 2000
Sold by
5401 Valley Village Townhomes Lp
Bought by
Clark James Michael and Banishahi Amir A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,565
Interest Rate
7.96%
Mortgage Type
FHA
Source: Public Records

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 Buyer Sale Price Title Company
Moattari Kiana -- --
Moattari Kiana $610,000 Chicago Title
Min Hanna D -- Accommodation/Courtesy Recordi
Min Jung Ki -- None Available
Min Jung Ki -- --
Min Jung Ki $187,500 --
Hud -- First American Title Ins Co
Mortgage Electronic Registration Systems $178,567 First American Title Ins Co
Clark James Michael $164,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moattari Kiana $450,000
Previous Owner Min Jung Ki $149,602
Previous Owner Clark James Michael $159,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $610,000 +1.8% $517 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $599,000 +3.5% $508 / Sq Ft
05/17/2022 05/17/22 For Sale $579,000 0.0% $491 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $579,000 -- $491 / 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 $7,770 $647,335 $427,878 $219,457
2024 $7,770 $634,643 $419,489 $215,154
2023 $7,619 $622,200 $411,264 $210,936
2022 $3,043 $255,198 $124,323 $130,875
2021 $3,000 $250,195 $121,886 $128,309
2019 $2,907 $242,776 $118,272 $124,504
2018 $2,887 $238,016 $115,953 $122,063
2016 $2,746 $228,775 $111,451 $117,324
2015 $2,706 $225,339 $109,777 $115,562
2014 $2,719 $220,926 $107,627 $113,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22083415

California Regional Multiple Listing Service (CRMLS)

APN: 2348-007-065