NOT LISTED FOR SALE
9 Beds
5 Baths
4,243 Sq Ft
8,431 Sq Ft Lot

Sale Details

Date Sold: May 20, 2025

Last sale price $1,460,000 $344 Per Sq Ft

9 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceiling Fan
  • Laundry Facilities
  • Chandler Elementary Rated A-

About This Home

As of May 2025

Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.

Last Agent to Sell the Property

Erin Moore

Douglas Elliman of California, Inc. License #01993735 Listed on: 03/17/2025

Douglas Elliman of California, Inc.

Last Buyer's Agent

Harut Kostikyan

License #01937435

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 8,431 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 4,243 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2247-002-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

8,431 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4243
  • Lot Acreage: 0.1935
  • Stories: 2
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 364.13

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

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

Lot Info

  • Assessed Improvement Percent: 40.25
  • Assessed Improvement Value: 334362
  • Assessed Land Percent: 59.75
  • Assessed Land Value: 496275
  • Total Assessed Value: 830637
  • Assessor Parcel Number: 2247-002-007
  • Lot Size Area: 8431

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 5
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2025
Closed on
Mar 31, 2025
Sold by
5551 Mammoth Llc
Bought by
Seller's Agent
Erin Moore
Douglas Elliman of California, Inc.
Buyer's Agent
Harut Kostikyan
List Price
$1,545,000
Sold Price
$1,460,000
Premium/Discount to List
-$85,000
-5.5%
Views
12

Purchase Details

Closed on
Oct 1, 2020
Sold by
Hallo Dean Allen and Hallo Karen
Bought by
5551 Mammoth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2011
Sold by
Hallo Dean Allen and Hallo Karen
Bought by
Hallo Dean A and Hallo Karen S

Purchase Details

Closed on
Mar 23, 2010
Sold by
Hallo Dean Allen
Bought by
Hallo Dean Allen and Hallo Karen

Purchase Details

Closed on
Mar 17, 2010
Sold by
Hallo Karen
Bought by
Hallo Dean Allen

Purchase Details

Closed on
Oct 6, 2009
Sold by
Silver Edward and Bessie Silver Inter Vivos Trus
Bought by
Hallo Dean

Purchase Details

Closed on
Nov 11, 2004
Sold by
Silver Edward
Bought by
Silver Edward and Bessie Silver Inter Vivos Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1995
Sold by
Silver Annecia
Bought by
Silver Edward
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,460,000 Chicago Title Company
5551 Mammoth Llc -- Lawyers Title
Hallo Dean A -- None Available
Hallo Dean Allen -- North American Title Company
Hallo Dean Allen -- North American Title Company
Hallo Dean -- North American Title Company
Silver Edward -- Stewart Title
Silver Edward -- Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,008,000
Previous Owner Hallo Dean A $1,500,000
Previous Owner Hallo Dean A $500,000
Previous Owner Silver Edward $410,000
Previous Owner Silver Edward $405,000
Previous Owner Silver Edward $367,000
Previous Owner Silver Edward $320,000
Previous Owner Silver Edward $253,000
Previous Owner Silver Edward $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 Sold $1,460,000 -5.5% $344 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $1,545,000 -- $364 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,322 $1,489,200 $446,760 $1,042,440
2025 $11,322 $864,193 $516,324 $347,869
2024 $11,154 $847,249 $506,200 $341,049
2023 $10,952 $830,637 $496,275 $334,362
2022 $10,472 $814,351 $486,545 $327,806
2021 $10,331 $798,384 $477,005 $321,379
2019 $10,040 $776,355 $462,857 $313,498
2018 $9,933 $761,166 $453,782 $307,384
2016 $9,437 $730,025 $436,162 $293,863
2015 $9,307 $719,060 $429,611 $289,449
2014 $9,366 $704,976 $421,196 $283,780
Source: Public Records

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Map

Source: The MLS

MLS Number: 25511549

The MLS
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