NOT LISTED FOR SALE

5510 Ventura Canyon Ave Sherman Oaks, CA 91401

Estimated Value: $1,784,147 - $2,025,000

3 Beds
2 Baths
2,159 Sq Ft
$865/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $1,915,000 $887 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,964/month

14 Days on Market

Highlights

  • Art Studio
  • In Ground Pool
  • Traditional Architecture
  • Ulysses S. Grant Senior High School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of October 2024

Welcome to this enchanting one-level home nestled in the coveted Chandler Estates neighborhood of Sherman Oaks. Spanning 2,159 square feet on a sprawling 8,646 square foot lot, this circa 1940 home embodies the timeless charm of California living. Step inside to discover a meticulously maintained home brimming with charm and character. Rich hardwood floors and a classic fireplace (decorative, no credits shall be given) anchor the inviting living room, while a generous dining area and cozy den provides an additional space for relaxation or entertainment. The expansive primary suite offers a private retreat, and two additional bedrooms ensure ample space for family and guests. The property is surrounded by mature English gardens, and a sparkling swimming pool, creating a serene and picturesque outdoor setting. A large brick-paved driveway leads to a two-car garage with a bonus space attached, offering potential for an Accessory Dwelling Unit (ADU). This flexible area is perfect for a guest suite, home office, or creative studio, expanding your living options. First time on the market in 50 years, this home promises privacy and a unique opportunity to own a piece of Sherman Oaks' history. Conveniently located just a short drive from the best local amenities, this residence provides both seclusion and accessibility. Please come to one of our open houses or call for a private showing! **Public record shows 4 bed, 2 bath but property shows as 3 bed, 2 bath with a bonus art studio in the backyard. No Showings until Tuesday, September 3rd.

Last Agent to Sell the Property

Levi Freeman

Nourmand & Associates-HW License #01926993 Listed on: 08/30/2024

Co-Listed By

Howard Lorey

Nourmand & Associates-BH License #01263717

Last Buyer's Agent

Levi Freeman

Nourmand & Associates-HW License #01926993 Listed on: 08/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,306

Year Built

  • Built in 1940

Lot Details

  • 8,649 Sq Ft Lot
  • Lot Dimensions are 64x135
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,159 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Bonus Room
  • Art Studio

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Auto Driveway Gate

Pool

  • In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2344-005-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,306

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2159
  • Lot Acreage: 0.1986
  • Lot Dimensions: 64x135
  • Probate: No
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 763.78

Exterior Features

  • Other Structures: Other
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached, Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2344-005-006
  • Lot Size Area: 8649

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 16, 2024
Sold by
Adelson/Schiff Trust and Adelson Leonard J
Bought by
Robert F Karger Trust and Karger
Seller's Agent
Levi Freeman
Nourmand & Associates-HW
Buyer's Agent
Levi Freeman
Nourmand & Associates-HW
List Price
$1,649,000
Sold Price
$1,915,000
Premium/Discount to List
$266,000
16.13%
Views
23
Current Estimated Value
$1,867,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,963
Avg. Annual Appreciation
-2.34%

Purchase Details

Closed on
Oct 1, 2014
Sold by
Adelson Leonard J
Bought by
Adelson/Schiff Trust Agreement

Purchase Details

Closed on
Mar 8, 2011
Sold by
Schiff Helen
Bought by
Adelson Leonard J and Schiff Lorin A

Purchase Details

Closed on
Oct 22, 2010
Sold by
Schiff Helen
Bought by
Schiff Helen and Helen Schiff Survivors Trust

Purchase Details

Closed on
Nov 10, 2004
Sold by
Schiff Lionel A
Bought by
Schiff Lionel A and Lionel A & Helen Schiff Family Trust

Purchase Details

Closed on
Jan 6, 2003
Sold by
Schiff Lionel A
Bought by
Schiff Lionel A and Schiff Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.43%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 11, 2000
Sold by
Schiff Lionel A
Bought by
Schiff Lionel A and Lionel A & Helen Schiff Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robert F Karger Trust $1,915,000 Lawyers Title
Adelson/Schiff Trust Agreement -- None Available
Adelson Leonard J $650,000 California Title Company
Schiff Helen -- None Available
Schiff Lionel A -- --
Schiff Lionel A -- Ort
Schiff Lionel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schiff Lionel A $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $1,915,000 +16.1% $887 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $1,649,000 -- $764 / 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
2025 $2,306 $1,915,000 $1,660,700 $254,300
2024 $2,306 $161,858 $50,201 $111,657
2023 $2,267 $158,685 $49,217 $109,468
2022 $2,170 $155,574 $48,252 $107,322
2021 $2,133 $152,524 $47,306 $105,218
2019 $2,075 $148,002 $45,903 $102,099
2018 $1,967 $145,101 $45,003 $100,098
2016 $1,857 $139,468 $43,256 $96,212
2015 $1,833 $137,374 $42,607 $94,767
2014 $1,849 $134,684 $41,773 $92,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-432435

The MLS

APN: 2344-005-006