NOT LISTED FOR SALE

5547 Hazeltine Ave Sherman Oaks, CA 91401

Estimated Value: $1,424,000 - $1,947,000

5 Beds
4 Baths
2,400 Sq Ft
$698/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $1,199,000 $500 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,478/month

83 Days on Market

Highlights

  • 4 Car Garage
  • Chandler Elementary Rated A-
  • 1-Story Property

About This Home

As of February 2019

Incredible opportunity to own a four-plex in the heart of Sherman Oaks! Three 1+1 units and a manager's unit with 2 bedrooms and 1 bath makes for a fantastic investment. Two units are elegantly updated with wide plank laminate flooring, designer kitchens with crisp white counter-tops and shaker cabinetry, and inviting baths modern vanities. A rare layout allows all units to have private entrances with easy access to the detached four car garage. With all four units vacant, this is a unique chance to obtain an incredible income property and set your rents. Conveniently located near restaurants, markets, and all major transit. This is a great opportunity you won't want to miss! This property is also zoned R2 on a large 8200s/f lot for possible future development and/or expansion of existing units.

Last Agent to Sell the Property

Michelle Mandel

Keller Williams Realty Calabasas License #01718890 Listed on: 10/17/2018

Keller Williams Realty Calabasas

Last Buyer's Agent

Sandra Eisenberg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,249

Year Built

  • Built in 1947

Lot Details

  • 8,256 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2245-026-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,249

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2400
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 499.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 132939
  • Assessed Land Value: 705578
  • Assessor Parcel Number: 2245-026-027
  • Geocode Override: No
  • Lot Size Area: 8256

Multi Family

  • Unit Type: 2106
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 500
  • Type Of Units: Apartments
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Harris Zedrie and Harris July
Bought by
Olba Investment Group Llc
Current Estimated Value
$1,674,520

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 10, 2019
Sold by
Dorfman Zeev
Bought by
Harris Zedrie and Nasri July
Seller's Agent
Michelle Mandel
Keller Williams Realty Calabasas
Buyer's Agent
Sandra Eisenberg
List Price
$1,499,000
Sold Price
$1,199,000
Premium/Discount to List
-$300,000
-20.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$899,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2018
Sold by
Dorfman Liora
Bought by
Dorfman Zeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Leeness Llc
Bought by
Dorfman Zeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Jordan Nona
Bought by
Leeness Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 1, 2014
Sold by
Jordan Nona and Crawford Loquita
Bought by
Jordan Nona

Purchase Details

Closed on
May 13, 2013
Sold by
Jordan Nona
Bought by
Jordan Nona and Crawford Loquita

Purchase Details

Closed on
May 8, 2013
Sold by
Jordan Nona N
Bought by
Jordan Nona N and Stallworth Robert

Purchase Details

Closed on
Feb 22, 2013
Sold by
Jordan Nona and Stallworth Robert
Bought by
Jordan Nona N

Purchase Details

Closed on
Oct 16, 2006
Sold by
Kasubowski David Alan
Bought by
Jordan Nona N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 18, 2005
Sold by
Krkyan Andranik
Bought by
Kasubowski David Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Gagatchian Krkyan Christine
Bought by
Krkyan Andranik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Meloeny Eugene E and Meloeny Nancy L
Bought by
Gagatchian Krkyan Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage
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
Olba Investment Group Llc -- None Listed On Document
Harris Zedrie $1,199,000 Chicago Title Co
Dorfman Zeev -- Ticor Title Company Of Calif
Dorfman Zeev -- Ticor Title Company
Leeness Llc $1,200,000 Old Republic Title Company
Jordan Nona -- None Available
Jordan Nona -- None Available
Jordan Nona N -- None Available
Jordan Nona N -- None Available
Jordan Nona N $755,000 Equity Title Company
Kasubowski David Alan $690,000 Fidelity National Title
Krkyan Andranik -- --
Gagatchian Krkyan Christine $598,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Zedrie $880,000
Previous Owner Harris Zedrie $899,250
Previous Owner Dorfman Zeev $900,000
Previous Owner Leeness Llc $200,000
Previous Owner Leeness Llc $910,000
Previous Owner Leeness Llc $910,000
Previous Owner Jordan Nona N $151,000
Previous Owner Jordan Nona N $604,000
Previous Owner Kasubowski David Alan $586,500
Previous Owner Gagatchian Krkyan Christine $478,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $1,199,000 0.0% $500 / Sq Ft
01/02/2019 01/02/19 Price Changed $1,199,000 -7.7% $500 / Sq Ft
12/12/2018 12/12/18 Price Changed $1,299,000 -3.7% $541 / Sq Ft
11/17/2018 11/17/18 Price Changed $1,349,000 -10.0% $562 / Sq Ft
10/17/2018 10/17/18 For Sale $1,499,000 -- $625 / 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 $16,249 $1,337,503 $892,413 $445,090
2024 $16,249 $1,311,278 $874,915 $436,363
2023 $15,937 $1,285,567 $857,760 $427,807
2022 $15,201 $1,260,361 $840,942 $419,419
2021 $15,014 $1,235,649 $824,453 $411,196
2019 $14,862 $1,224,480 $734,400 $490,080
2018 $11,012 $892,228 $748,278 $143,950
2016 $10,104 $822,077 $691,744 $130,333
2015 $9,959 $809,730 $681,354 $128,376
2014 $9,932 $787,274 $654,326 $132,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-397082

The MLS

APN: 2245-026-027