NOT LISTED FOR SALE

5700 Ostrom Ave Encino, CA 91316

Estimated Value: $1,581,000 - $1,794,000

3 Beds
3 Baths
1,906 Sq Ft
$880/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2025

Last sale price $1,780,000 $934 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $10,338 / mo

Highlights

  • In Ground Pool
  • Engineered Wood Flooring
  • 2 Car Attached Garage
  • Midcentury Modern Architecture
  • No HOA
  • Living Room

About This Home

As of February 2025

Welcome to 5700 Ostrom. Originally designed by renowned architect Martin Stern Jr. and located in a tranquil, tree-lined pocket of Encino, this exceptional three bed, three bath property has been thoughtfully reimagined for contemporary living while preserving the integrity of its iconic mid-century design. Arrive to striking curb appeal, with a sleek charcoal and natural wood faade, and enter through double doors to open and airy living spaces that flow intuitively. The vaulted beam ceilings and white oak hardwood floors create an inviting and warm atmosphere. The two tone gourmet kitchen boasts a large center island, luxurious Calacatta Gold countertops, and high-end appliances. The family room flows through sliding doors into a tranquil backyard oasis and offers the perect synergy between indoor and outdoor living. The resort like outdoor space features a pool, multiple patios, and lush plantings, offering a serene retreat for relaxation. Meticulous design and upgrades throughout. This home is located within the highly regarded Encino Charter Elementary School district.

Last Agent to Sell the Property

Michael White

Three Lions Realty License #01987399 Listed on: 01/16/2025

Co-Listed By

James Brown

Three Lions Realty License #01997495

Last Buyer's Agent

Abraham Engelman

Equity Union License #02164844

Equity Union

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,080 Sq Ft Lot
  • Lot Dimensions are 63x107
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Engineered Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2255-019-017

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

7,080 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1906
  • Lot Acreage: 0.1625
  • Lot Dimensions: 63x107
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Dishwasher, Microwave
  • Price Per S Q F T: 891.40

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2255-019-017
  • Lot Size Area: 7080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Feb 5, 2025
Sold by
Patel Malin Living Trust and Patel Nisha Dinesh
Bought by
Badash Nicole and Badash Ido
Seller's Agent
Michael White
Three Lions Realty
Buyer's Agent
Abraham Engelman
Equity Union
List Price
$1,699,000
Sold Price
$1,780,000
Premium/Discount to List
$81,000
4.77%
Views
19
Current Estimated Value
$1,676,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,049
Avg. Annual Appreciation
-5.01%
Original Mortgage
$900,000
Outstanding Balance
$889,665
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$787,286

Purchase Details

Closed on
Nov 5, 2024
Sold by
Patel Nisha Dinesh and Malin Paul Anders
Bought by
Patel Malin Living Trust and Patel

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 24, 2020
Sold by
Daning On Our Own Llc
Bought by
Patel Nisha Dinesh and Malin Paul
Seller's Agent
Jami Nash
Christie's International Real Estate SoCal
Buyer's Agent
Michael White
Three Lions Realty
List Price
$1,199,000
Sold Price
$1,400,000
Premium/Discount to List
$201,000
16.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2020
Sold by
Jackson Landau Jason and Jackson Landau Cheyenne
Bought by
Dancing On Our Own Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 3, 2019
Sold by
Allen David Seth
Bought by
Jackson Landau Jason and Jackson Landau Cheyenne
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Jami Nash
Christie's International Real Estate SoCal
List Price
$810,000
Sold Price
$720,000
Premium/Discount to List
-$90,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$684,000
Interest Rate
3.4%

Purchase Details

Closed on
Feb 17, 2014
Sold by
Allen Paul
Bought by
Allen Paul and The Paul Allen Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Badash Nicole $1,780,000 First American Title Company
Patel Malin Living Trust -- None Listed On Document
Patel Nisha Dinesh $1,400,000 First American Title
Dancing On Our Own Llc -- First American Title Company
Jackson Landau Jason $720,000 Lawyers Title Company
Allen Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badash Nicole $900,000
Previous Owner Patel Nisha Dinesh $1,000,000
Previous Owner Jackson Landau Jason $684,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $1,780,000 +4.8% $934 / Sq Ft
02/19/2025 02/19/25 For Sale $1,699,000 +21.4% $891 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
08/05/2020 08/05/20 Sold $1,400,000 +16.8% $749 / Sq Ft View Prior Sale
06/27/2020 06/27/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $1,199,000 +66.5% $641 / Sq Ft
10/22/2019 10/22/19 Sold $720,000 -11.1% $407 / Sq Ft View Prior Sale
09/20/2019 09/20/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $810,000 -- $458 / Sq Ft
Source: The MLS

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 $18,095 $1,515,403 $909,242 $606,161
2024 $18,095 $1,485,690 $891,414 $594,276
2023 $17,741 $1,456,560 $873,936 $582,624
2022 $16,911 $1,428,000 $856,800 $571,200
2021 $16,705 $1,400,000 $840,000 $560,000
2020 $8,964 $720,000 $576,000 $144,000
2019 $1,646 $119,630 $58,089 $61,541
2018 $1,558 $117,285 $56,950 $60,335
2016 $1,469 $112,733 $54,740 $57,993
2015 $1,449 $111,040 $53,918 $57,122
2014 $1,461 $108,866 $52,862 $56,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-476571

The MLS

APN: 2255-019-017

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