NOT LISTED FOR SALE

5542 Hazeltine Ave Sherman Oaks, CA 91401

7 Beds
6 Baths
3,661 Sq Ft
5,253 Sq Ft Lot

Last Sold August 16, 2023

Last sale price $1,715,000 $468 Per Sq Ft

122 Days on Market

About This Home

As of August 2023

We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of one 1+1 unit, four 1+1 w/ Loft units, and one 2+1 SFR. The investment consists of approximately 3,661 of rentable square feet and is situated on an approximately 5,253 square foot parcel. The 2+1 SFR was constructed in 1941, while the five rear 1+1 units were constructed in 1983. Recent property upgrades include, new exterior lighting, new exterior paint, new exterior building and unit numbers, new parking gates, new surveillance system, and five of the units being recently renovated. The building amenities include on-site parking for six cars and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

Last Agent to Sell the Property

Griffin White

BRC Advisors- BH License #02031785 Listed on: 02/24/2023

BRC Advisors- BH

Last Buyer's Agent

Cezar Mansour

Hot Property Solutions License #01320277

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,253

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,661 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • 5,253 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2247-008-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3661
  • Lot Acreage: 0.1206
  • Stories: 2
  • Year Built: 1941
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 471.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 2247-008-032
  • Lot Size Area: 5253

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.67
  • Number Of Units: 6
  • Total Annual Expense: 35506
  • Type Of Units: Income
  • Vacancy Rate: 2%

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

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $1,715,000 -0.6% $468 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $1,725,000 0.0% $471 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,725,000 -- $471 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Griffin White

    Seller's Agent in 2023

    Griffin White

    BRC Advisors- BH

    (949) 306-1175

    1 in this area

    30 Total Sales

    Griffin White
    Section Image

  • C

    Buyer's Agent in 2023

    Cezar Mansour

    Hot Property Solutions

    (310) 370-3040

    1 in this area

    13 Total Sales

    Cezar Mansour
    Section Image
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Map

Source: The MLS

MLS Number: 23-245017

The MLS
California Los Angeles County Sherman Oaks 91401

5542 Hazeltine Ave, Sherman Oaks, CA

This home is located at 5542 Hazeltine Ave, Sherman Oaks, CA 91401 since 24 February 2023. This property was built in 1941. 5542 Hazeltine Ave is a home located in Los Angeles County with nearby schools including Chandler Elementary, Ulysses S. Grant Senior High School, and Ararat Charter School.

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