$1,400,000
SOLD AUG 5, 2020

5700 Ostrom Ave Encino, CA 91316

3 Beds
3 Baths
1,870 Sq Ft
7,078 Sq Ft Lot

Recently Sold

$749 Per Sq Ft

17% Above List Price

7 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring

About This Home

As of February 2025

Originally designed by famed Architect, Martin Stern Jr, and thoroughly re-imagined for modern living while keeping the spirit of the original architecture alive. From the street, a sleek charcoal and natural wood facade with tasteful landscaping highlight the mid-century modern lines of this stylish home. The large, open living spaces flow one into the other, flooded with light from skylights and walls of glass, and anchored by a formidable period block fireplace. Open beam ceilings and white oak wood floors lend a feeling of warmth. The open kitchen features a large center island, Calacatta gold countertops, and luxe appliances. Custom designed and built cabinetry is featured in the kitchen and all baths, as well as all tile by Walker Zanger. The family room opens out to the lush and relaxing yard with a geometric pool, multiple patios, and beautiful plantings, all creating a retreat-like space for you to forget the world around you. located in Encino Charter Elementary district

Last Agent to Sell the Property

Jami Nash

Christie's International Real Estate SoCal License #01939771 Listed on: 06/20/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Michael White

Three Lions Realty License #01987399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,095

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,078 Sq Ft Lot
  • Lot Dimensions are 63x107
  • Block Wall Fence
  • Sprinklers on Timer
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Pool Views

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2255-019-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,095

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Exclusions: Furniture
  • Living Area: 1870
  • Lot Acreage: 0.1625
  • Lot Dimensions: 63x107
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), High Ceilings (9 Feet+), Open Floor Plan
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Wood, Tile
  • Appliances: Oven-Gas, Gas, Built-In And Free Standing, Range, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Linen Closet, Shower and Tub, Tile
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Kitchen Island, Dining Area
  • Kitchen Features: Remodeled, Island, Gourmet Kitchen, Pantry
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Refrigerator, Dishwasher, Microwave
  • Fireplace: Yes
  • Inclusions: fridge, stove, microwave, chandeliers
  • Price Per S Q F T: 641.18
  • Windows: Skylights, Double Pane Windows

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: High Ceilings (9 Feet+), Double Door Entry, Sprinkler System, Sliding Glass Doors
  • Other Structures: None
  • Fence: Block
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Bitumen
  • Spa Yn: No
  • View: Pool
  • View: Yes

Garage/Parking

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

Utilities

  • Water Heater: Tankless, Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 2255-019-017
  • Geocode Override: No
  • Lot Size Area: 7078

MLS Schools

  • School District: Los Angeles Unified

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
$1,731,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,468
Avg. Annual Appreciation
-2.36%

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
4.52%
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
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
16.28%
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:

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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 Type Sale Price Title Company
Grant Deed $1,780,000 First American Title Company
Deed -- None Listed On Document
Grant Deed $1,400,000 First American Title
Grant Deed -- First American Title Company
Warranty Deed $720,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $684,000 No Value Available
Previous Owner $200,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 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 $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: 20-592262

The MLS

APN: 2255-019-017