NOT LISTED FOR SALE

5515 Cahuenga Blvd North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,326,000 - $1,522,452

1 Bed
1 Bath
884 Sq Ft
$1,594/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $749,000 $847 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,917/month

Highlights

  • East Facing Home
  • Wood Fence
  • 1-Story Property
  • Rectangular Lot
  • Wood Siding

About This Home

As of July 2017

It's part of NoHo! Convenient to the Metro line, restaurants, stores and the Chandler Bike Path.
Zoned CR it can be residential or small commercial uses.
There is a one bedroom house in the front and a recreation room structure in the back.
Both structures have un-permitted additions.
Property needs a ton of TLC. Property sold “As – Is”.
Tenant would like to stay.
Inspections subject to offer.

Last Agent to Sell the Property

Steve Nemeth

RE/MAX One License #00932380 Listed on: 04/29/2017

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,894

Year Built

  • Built in 1938

Lot Details

  • 5,749 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot

Home Design

  • Raised Foundation
  • Common Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 51,5
  • Tax Tract Number 9445
  • Assessor Parcel Number 2416020024

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Leased Unit
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $9,363
  • Operating Expense $9,363
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,894

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Zoning: LACR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2416020024
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 847.29

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5749.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Rent Control: Yes
  • Total Actual Rent: 1600.00
  • Total Expenses: 9363.00

Tax Info

  • New Taxes Expense: 9363.00
  • Tax Census Tract: 1253.10
  • Tax Lot: 51,5
  • Tax Tract Number: 9445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2024
Sold by
Arkas Inc
Bought by
Cahuenga Holdings Llc
Current Estimated Value
$1,409,363

Purchase Details

Closed on
Jun 6, 2024
Sold by
Oustayan Garabed
Bought by
Arkas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2024
Sold by
Default Plus Llc
Bought by
Oustayan Garabed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2022
Sold by
Muna Alousta
Bought by
Alousta Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2021
Sold by
Alousta Arfan
Bought by
Alosta Arfan and Alousta Omar

Purchase Details

Closed on
Jul 1, 2019
Sold by
Ras Drissia
Bought by
Alosta Arfan

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 28, 2017
Sold by
Alousta Muna
Bought by
Alousta Omar
Seller's Agent
Steve Nemeth
RE/MAX One
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$650,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2017
Sold by
Pierre Myrthel
Bought by
Alousta Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2002
Sold by
Bickert Charles E
Bought by
Pierre Myrthel
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
Cahuenga Holdings Llc $1,300,000 Provident Title Company
Arkas Inc -- None Listed On Document
Oustayan Garabed $370,492 None Listed On Document
Alousta Omar -- First American Title Company O
Alosta Arfan -- Title Connect Inc
Alosta Arfan -- First American Title
Alosta Arfan -- None Available
Alousta Omar -- Old Republic Title Company
Alousta Omar $749,000 Old Republic Title Company
Pierre Myrthel $34,500 Commerce Title
Pierre Myrthel -- Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oustayan Garabed $375,000
Previous Owner Alousta Omar $230,000
Previous Owner Alosta Arfan $300,000
Previous Owner Alosta Arfan $500,000
Previous Owner Alousta Omar $650,000
Previous Owner Alousta Omar $650,000
Previous Owner Pierre Myrthel $80,000
Previous Owner Pierre Myrthel $98,000
Previous Owner Bickert Charles E $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $749,000 0.0% $847 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $749,000 -- $847 / 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 $16,894 $1,300,000 $1,300,000 --
2024 $16,894 $1,369,766 $1,066,316 $303,450
2023 $16,568 $1,342,908 $1,045,408 $297,500
2022 $15,800 $1,316,577 $1,024,910 $291,667
2021 $15,573 $1,287,598 $1,035,676 $251,922
2020 $15,523 $1,274,396 $1,025,057 $249,339
Source: Public Records

Agents Affiliated with this Home

  • Steve Nemeth

    Seller's Agent in 2017

    Steve Nemeth

    RE/MAX

    (818) 203-9394

    3 in this area

    80 Total Sales

    Steve Nemeth
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17092940

California Regional Multiple Listing Service (CRMLS)

APN: 2416-020-039

California Los Angeles County North Hollywood 91601 North Hollywood

5515 Cahuenga Blvd, North Hollywood, CA

This home is located at 5515 Cahuenga Blvd, North Hollywood, CA 91601 since 29 April 2017 and is currently estimated at $1,409,363, approximately $1,594 per square foot. This property was built in 1938. 5515 Cahuenga Blvd is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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