$1,355,000
SOLD DEC 27, 2024

5519 Costello Ave Sherman Oaks, CA 91401

3 Beds
2.5 Baths
1,856 Sq Ft
8,104 Sq Ft Lot

Recently Sold

$730 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Chandler Elementary Rated A-
  • Wood Flooring
  • Den

About This Home

As of December 2024

Magnificent traditional 3 bed & 2 1/2 bath residence located in a storybook-like neighborhood of Sherman Oaks on an 8104 sqft lot. Step inside the spacious living room with wood floors and formal wood-burning fireplace creating a warm & inviting atmosphere. Recessed lighting & crown moldings add a touch of modern elegance. Light & bright dining area leads to kitchen with ample cabinet space for storage, stainless appliances, cozy work-nook & washer/dryer hook ups. Oversized front bedroom looks out to the lush greenery of the front yard. Hallway leads to large bathroom with tub-shower combo. Den with access from both sides of the home, perfect for reading room/home office/play room, includes a convenient half bath & leads to large 2nd bedroom. Primary bedroom boasts a sizable walk-in closet & sliders that lead out to the patio deck, creating an ideal space for relaxation and outdoor gatherings. Huge backyard offers a peaceful sanctuary where you can unwind and escape the hustle and bustle of daily LA life. Approx. 100 sq ft finished bonus room (un-permitted) with A/C serves as private office/workout space in the detached garage. Fenced area behind the garage, perfect for a dog run or an additional play/social area. This home is truly a Sherman Oaks gem. Don't miss the opportunity to make it your own and experience the charm and tranquility of this wonderful neighborhood. Schedule a showing today!

Last Agent to Sell the Property

Jason Squire

Compass License #01250933 Listed on: 12/03/2024

Compass

Last Buyer's Agent

Robert Johnson

E H Realty License #01838562

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 8,104 Sq Ft Lot
  • Lot Dimensions are 60x135
  • East Facing Home
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Laundry in Kitchen

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2247-007-016

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Disability Access: Ramp - Main Level
  • Living Area: 1856
  • Lot Acreage: 0.1860
  • Lot Dimensions: 60x135
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Appliances: Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Microwave, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 753.77

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 2247-007-016
  • Lot Size Area: 8104

MLS Schools

  • School District: Palos Verdes / LAUSD - Inquire

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Ramsa Construction Inc
Bought by
Akhavi Mehdi Sadat and Larijani Sara Lotfi
Current Estimated Value
$1,406,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,006,580
Outstanding Balance
$1,005,723
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$400,761

Purchase Details

Listed on
Dec 3, 2024
Closed on
Dec 6, 2024
Sold by
Ray Shantanu and Hedge Erin
Bought by
Ramsa Construction Inc
Seller's Agent
Jason Squire
Compass
Buyer's Agent
Robert Johnson
E H Realty
List Price
$1,399,000
Sold Price
$1,355,000
Premium/Discount to List
-$44,000
-3.15%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$995,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 19, 2012
Sold by
Ray Shantanu
Bought by
Ray Shantanu and Hedge Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Altman Martin
Bought by
Ray Shantanu and Hedge Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2006
Sold by
Altman Martin
Bought by
Altman Martin and Altman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1997
Sold by
Stutz H J And Eileen M Trs Stutz Trust
Bought by
Vanaltman Martin and Altman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
7.58%

Purchase Details

Closed on
May 9, 1994
Sold by
Stutz Harold J
Bought by
Stutz H J and Stutz Eileen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed -- --
Grant Deed $1,355,000 Lawyers Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $680,000 Lawyers Title
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed $235,000 Equity Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,006,580 New Conventional
Previous Owner $995,000 Construction
Previous Owner $327,500 New Conventional
Previous Owner $340,000 Purchase Money Mortgage
Previous Owner $362,000 Purchase Money Mortgage
Previous Owner $223,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $1,355,000 -3.1% $730 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $1,399,000 0.0% $754 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/24/2024 11/24/24 Price Changed $1,399,000 -3.5% $754 / Sq Ft
11/07/2024 11/07/24 For Sale $1,449,000 -- $781 / 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 $10,646 $1,355,000 $813,000 $542,000
2024 $10,646 $858,493 $495,151 $363,342
2023 $10,442 $841,661 $485,443 $356,218
2022 $9,958 $825,159 $475,925 $349,234
2021 $9,834 $808,981 $466,594 $342,387
2019 $9,541 $784,988 $452,755 $332,233
2018 $9,414 $769,597 $443,878 $325,719
2016 $8,994 $739,715 $426,643 $313,072
2015 $8,863 $728,605 $420,235 $308,370
2014 $8,270 $663,000 $382,000 $281,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-461455

The MLS

APN: 2247-007-016