NOT LISTED FOR SALE

5438 Kester Ave Sherman Oaks, CA 91411

Estimated Value: $1,139,000 - $1,484,129

4 Beds
2 Baths
2,050 Sq Ft
$658/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $965,000 $471 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,206/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Cottage
  • Kester Avenue Elementary School Rated A-
  • Lawn
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2021

Adorable cottage duplex in the heart of Sherman Oaks, only a short distance to Kester Elementary School. Each unit has two large bedrooms and a bath. The units also have their own indoor laundry. The original hardwood floors are still in very good condition. There is a large detached two car garage with access from the back alley. The spacious back yard has a covered seating area and a lemon and lime trees.

Last Agent to Sell the Property

Ethan Lema

2K Realty License #01216190 Listed on: 11/18/2020

Last Buyer's Agent

Jack Holwahjian

Huntington Group License #01800853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,609

Year Built

  • Built in 1949

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Cottage
  • Property Attached
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 13967
  • Assessor Parcel Number 2249025020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,609

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD2
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 2249025020
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 470.73
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Lot Size Area: 6001.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1288.02
  • Tax Lot: 20
  • Tax Tract Number: 13967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 5, 2021
Sold by
Gerald And Judith Rosenberg 2011 Trust and Rosenberg Judith Flesh
Bought by
5438 Kester Llc
Seller's Agent
Ethan Lema
2K Realty
Buyer's Agent
Jack Holwahjian
Huntington Group
List Price
$990,000
Sold Price
$965,000
Premium/Discount to List
-$25,000
-2.53%
Current Estimated Value
$1,349,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,532
Avg. Annual Appreciation
7.45%
Original Mortgage
$465,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 29, 2020
Sold by
Smith-Kerian Patricia L
Bought by
Rosenberg Gerald and Rosenberg Judith
Seller's Agent
Ethan Lema
2K Realty
Buyer's Agent
Jack Holwahjian
Huntington Group
List Price
$990,000
Sold Price
$965,000
Premium/Discount to List
-$25,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Kerian Donald and Smith Patricia Louis
Bought by
Kerian Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.86%

Purchase Details

Closed on
Sep 10, 1999
Sold by
Kerian Donald
Bought by
Kerian Donald

Purchase Details

Closed on
Jun 22, 1999
Sold by
Kerian Donald and Smith Patricia Louise
Bought by
Kerian Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,500
Interest Rate
7.05%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Kerian Donald
Bought by
Kerian Donald

Purchase Details

Closed on
May 1, 1995
Sold by
Kerian Pauline
Bought by
Kerian Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.92%
Mortgage Type
Assumption

Purchase Details

Closed on
Apr 21, 1995
Sold by
Saluzzi Michael
Bought by
Kerin Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.92%
Mortgage Type
Assumption
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
5438 Kester Llc -- None Listed On Document
Gerald And Judith Rosenberg 2011 Trust -- None Listed On Document
Rosenberg Gerald $965,000 Wfg National Title Insurance C
Kerian Donald -- Gateway Title Company
Kerian Donald -- --
Kerian Donald -- Progressive Title Company
Kerian Donald -- --
Kerian Donald -- Chicago Title Insurance Co
Kerin Donald $180,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenberg Gerald $465,000
Previous Owner Kerian Donald $235,000
Previous Owner Kerian Donald $210,500
Previous Owner Kerin Donald $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $965,000 -2.5% $471 / Sq Ft
11/18/2020 11/18/20 For Sale $990,000 -- $483 / 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 $12,609 $1,044,543 $626,726 $417,817
2024 $12,609 $1,024,063 $614,438 $409,625
2023 $12,366 $1,003,985 $602,391 $401,594
2022 $11,790 $984,300 $590,580 $393,720
2021 $3,502 $279,296 $170,687 $108,609
2020 $3,532 $276,433 $168,937 $107,496
2019 $3,398 $271,014 $165,625 $105,389
2018 $3,305 $265,701 $162,378 $103,323
2016 $3,137 $255,386 $156,074 $99,312
2015 $3,092 $251,551 $153,730 $97,821
2014 $3,113 $246,624 $150,719 $95,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20238397

California Regional Multiple Listing Service (CRMLS)

APN: 2249-025-020