NOT LISTED FOR SALE

5550 Sylmar Ave Unit 2 Sherman Oaks, CA 91401

Estimated Value: $606,000 - $787,000

2 Beds
2 Baths
1,271 Sq Ft
$330/mo HOA Fee

Last Sold May 15, 2022

Last sale price $640,000 $504 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,536/month

8 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • 0.89 Acre Lot
  • Chandler Elementary Rated A-
  • Gated Community
  • Deck

About This Home

As of May 2022

Welcome home to this move-in ready condo in the heart of Sherman Oaks. The home features 2 larger bedrooms and 2 full bathrooms, an outdoor balcony, large living room area, in unit laundry closet, dining area and an open kitchen equipped with high end appliances. Additional features include a fireplace, gorgeous laminate floors and nest powered HVAC. Additional features include a separate storage room and 2 covered side by side parking spots. Another great feature is its LOCATION. The home is conveniently located near markets, restaurants, public transportation and major highways. Low HOA provides a community pool and spa. Don't miss out on this deal.

Last Agent to Sell the Property

Michael Recinos

Compass License #02138530 Listed on: 04/07/2022

Compass

Co-Listed By

Winston Nelson

Luxury Collective License #01919804

Last Buyer's Agent

Dana Frank

License #01386144

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,175

Year Built

  • Built in 1982

Lot Details

  • Gated Home

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Common Roof
  • Stucco

Interior Spaces

  • 1,271 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Courtyard Views

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Automatic Gate
  • Controlled Entrance

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2245-007-044

Community Details

Overview

  • 28 Units
  • Cameron Courts Homeowners Association

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,175

Year Built

Built in 1982

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Cameron Court
  • Entry Floor: 2
  • Entry Location: Mid Level
  • Living Area: 1271
  • Lot Acreage: 0.8932
  • Planned Urban Dev: 0
  • Probate: No
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed, Carpet
  • Appliances: Microwave, Oven-Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Living Room, In Kitchen
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup, Dryer, Dishwasher, Ceiling Fan, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 431.94
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • Roof: Common Roof
  • Spa: Association Spa, In Ground
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Controlled Entrance, Gated
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Community, Automatic Gate, Gated
  • Water: Public

Association/Amenities

  • Amenities: Pool, Gated Community, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 330.00
  • Management Company: Cameron Courts Homeowners Association
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2245-007-044
  • Lot Description: Gated Community
  • Lot Size Area: 38909

Rental Info

  • Land Lease Amount Per Year: 160.00
  • Land Lease Expiration Year: 2029
  • Land Lease Purchase Yn: No
  • Land Lease Type: Lease
  • Land Lease Expiration Date: 2029-01-01

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2025
Sold by
Panish Jeffrey David and Panish Linda Louise
Bought by
Jeffrey And Linda Panish Revocable Family Tru and Panish
Current Estimated Value
$673,346

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jun 20, 2019
Sold by
Rickles Jessica and Rickles Samuel
Bought by
Potapenko Alex E
Seller's Agent
Alan PARNESS
Rodeo Realty
List Price
$399,950
Sold Price
$425,000
Premium/Discount to List
$25,050
6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$412,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2013
Sold by
Aurora Banccorp Inc
Bought by
Rickles Jessica and Rickles Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2013
Sold by
Martin Janice
Bought by
Aurora Banccorp Inc

Purchase Details

Closed on
Mar 2, 2007
Sold by
Martin Janice
Bought by
Takiguchi Michael M and Martin Janice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Alarcon Diane Marie
Bought by
Martin Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Jeffrey And Linda Panish Revocable Family Tru -- None Listed On Document
Potapenko Alex E $425,000 Progressive Title Company
Rickles Jessica $345,003 Fidelity National Title
Aurora Banccorp Inc -- None Available
Takiguchi Michael M -- Fidelity National Title
Martin Janice $398,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potapenko Alex E $412,250
Previous Owner Rickles Jessica $310,500
Previous Owner Takiguchi Michael M $100,000
Previous Owner Martin Janice $318,400
Closed Martin Janice $79,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2022 05/15/22 Sold $640,000 +16.6% $504 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $549,000 +29.2% $432 / Sq Ft
07/17/2019 07/17/19 Sold $425,000 +6.3% $334 / Sq Ft View Prior Sale
06/20/2019 06/20/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $399,950 -- $315 / 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 $8,175 $679,171 $458,865 $220,306
2024 $8,175 $665,855 $449,868 $215,987
2023 $8,016 $652,800 $441,048 $211,752
2022 $5,286 $437,989 $130,881 $307,108
2021 $5,218 $429,402 $128,315 $301,087
2019 $4,538 $379,121 $226,814 $152,307
2018 $4,507 $371,688 $222,367 $149,321
2016 $4,297 $357,257 $213,733 $143,524
2015 $4,233 $351,892 $210,523 $141,369
2014 $4,250 $345,000 $206,400 $138,600
Source: Public Records

Agents Affiliated with this Home

  • Michael Recinos

    Seller's Agent in 2022

    Michael Recinos

    Compass

    (818) 815-7112

    2 in this area

    27 Total Sales

    Michael Recinos
    Section Image
  • Winston Nelson

    Seller Co-Listing Agent in 2022

    Winston Nelson

    Luxury Collective

    (818) 239-6270

    4 in this area

    20 Total Sales

    Winston Nelson
    Section Image

  • D

    Buyer's Agent in 2022

    Dana Frank

  • A

    Seller's Agent in 2019

    Alan PARNESS

    Rodeo Realty

    Section Image
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Map

Source: The MLS

MLS Number: 22-144253

The MLS

APN: 2245-007-044

California Los Angeles County Sherman Oaks 91401

5550 Sylmar Ave Unit 2, Sherman Oaks, CA

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