$2,850,000
NEW CONSTRUCTION $149K PRICE DROP

Estimated payment $16,587/month

Total Views 5,407
11 Beds
10.5 Baths
7,711 Sq Ft
$370 Price per Sq Ft

Highlights

  • New Construction
  • Rooftop Deck
  • All Bedrooms Downstairs
  • Chandler Elementary Rated A-
  • Primary Bedroom Suite
  • Gated Parking

About This Home

Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes, and sleek stainless steel appliances perfect for culinary adventures or entertaining guests. With tankless water heaters, in-unit laundry, and a 2-car side-by-side garage with direct access, these units redefine convenience and comfort. But that's not all! You're just 5 minutes away from Ventura Boulevard, home to trendy restaurants like Taisho, The Blvd, and Le Petit Trois. Plus, with easy access to freeways and shopping centers, everything you need is right at your fingertips!Don't miss out on this incredible opportunity to own one or both of these luxurious units! Priced at $2,999,000 each or $5,980,000 together, this is more than just a property it's a chance to secure passive income in one of Los Angeles' most desirable neighborhoods. Seize this opportunity and make these stunning homes yours today!

Listing Agent

Emil Hartoonian

The Agency License #01796925 Listed on: 10/11/2024

The Agency

Co-Listing Agent

Stephany Delgado

The Agency License #02003810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,825

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 5,294 Sq Ft Lot
  • Lot Dimensions are 50x106
  • Gated Home
  • Corner Lot

Parking

  • 6 Car Attached Garage
  • Gated Parking

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 7,711 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • 10.5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Rooftop Deck
  • City Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2245-027-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,825

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Exclusions: Tenants personal property
  • Living Area: 7711
  • Lot Acreage: 0.1215
  • Lot Dimensions: 50x106
  • Probate: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2023
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Kitchen, Bath, Living Room, Primary Bedroom
  • Flooring: Hardwood
  • Bedrooms: 11
  • Bedroom Features: Primary Suite, All Bedrooms Down
  • Common Walls: Attached
  • Bathroom Features: Tile
  • Kitchen Features: Counter Top, Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 10.50
  • Equipment: Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 369.60
  • Windows: Screens, Double Pane Windows

Exterior Features

  • Construction: Concrete, Hard Coat
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Roof Top Deck
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Attached, Garage Is Attached, Garage, Garage - 2 Car, Gated
  • Total Parking: 6

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Electric Expense: 1372.00
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: Public
  • Water Expense: 1372.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2661.00
  • Maintenance Expense: 870.00
  • Other Expense: 1530.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 47.06
  • Assessed Improvement Value: 643844
  • Assessed Land Percent: 52.94
  • Assessed Land Value: 724261
  • Total Assessed Value: 1368105
  • Assessor Parcel Number: 2245-027-023
  • Lot Description: Fenced
  • Lot Location: City, Alley Access, Corner Lot
  • Lot Size Area: 5294

Rental Info

  • Owner Pays: Electricity, Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 3
  • Total Annual Expense: 8255
  • Type Of Units: Multi Level
  • Vacancy Rate: none

MLS Schools

  • School District: Los Angeles Unified

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,825 $1,423,374 $753,520 $669,854
2024 $16,825 $1,395,466 $738,746 $656,720
2023 $16,492 $1,368,105 $724,261 $643,844
2022 $15,712 $710,060 $710,060 $0
2021 $8,364 $696,137 $556,910 $139,227
2020 $8,449 $689,000 $551,200 $137,800
2019 $770 $50,271 $26,345 $23,926
2018 $717 $49,286 $25,829 $23,457
2016 $675 $47,375 $24,827 $22,548
2015 $667 $46,665 $24,455 $22,210
2014 $679 $45,751 $23,976 $21,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Price Changed $2,850,000 -5.0% $370 / Sq Ft
10/11/2024 10/11/24 For Sale $2,999,000 +335.3% $389 / Sq Ft
09/13/2019 09/13/19 Sold $689,000 0.0% $801 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $689,000 -- $801 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Lawyers Title Company
Deed -- Lawyers Title Company
Grant Deed $689,000 Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Open $2,145,000 New Conventional
Previous Owner $2,080,000 Construction
Previous Owner $1,422,000 Construction
Previous Owner $250,000 New Conventional
Previous Owner $1,415,655 Construction
Source: Public Records

Source: The MLS

MLS Number: 24-452099

The MLS

APN: 2245-027-023