NOT LISTED FOR SALE

5720 Rhea Ave Tarzana, CA 91356

Estimated Value: $1,075,000 - $1,144,000

3 Beds
2 Baths
1,618 Sq Ft
$689/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $375,000 $232 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $6,563/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Gaspar De Portola Middle School Rated A-
  • Central Air

About This Home

As of October 2022

Upgraded home in a wonderfully secluded area of Tarzana on a Mature Tree lined street. This Single Family residence is equipped with Crown Moulding, Granite and upgraded flooring, making this home a real find. Larger lot with privacy fending and newer exterior stucco with new paint a great home . Large living room dining area with step down family room opening to back yard. large master bedroom , newer vanity in bathroom ,Close to shopping, schools and entertainment centers - Freeway access is only a few blocks away.

Last Agent to Rent the Property

Margriet Asanad

Alpha & Associates Real Estate License #01120156 Listed on: 08/22/2022

Last Renter's Agent

Edwin Khosrovian

Prominent Real Estate Group License #01330357

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1950

Lot Details

  • 6,843 Sq Ft Lot
  • Density is 6-10 Units/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $5,000
  • 12-Month Minimum Lease Term
  • Available 8/25/22
  • Tax Lot 162
  • Tax Tract Number 12489
  • Assessor Parcel Number 2156023017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,122

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2022-08-25
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2156023017
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1618.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.34
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6843.00
  • Lot Size Acres: 0.1571

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6843.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1393.01
  • Tax Lot: 162
  • Tax Tract Number: 12489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2012
Sold by
Reyes Jasen A and Reyes Annie
Bought by
Zarabian Mahiar
Current Estimated Value
$1,105,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Azimzadeh Hassan and Azimzadeh Linda Howell
Bought by
Reyes Jasen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 21, 2003
Sold by
Azimzadeh Linda Howell
Bought by
Azimzadeh Hassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2003
Sold by
Azimzadeh Hassan
Bought by
Azimzadeh Hassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Zarabian Mahiar $395,000 Fidelity National Title Co
Reyes Jasen A $520,000 Fidelity Van Nuys
Azimzadeh Hassan -- Ort
Azimzadeh Hassan -- --
Azimzadeh Hassan $317,000 Ort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarabian Mahiar $262,500
Previous Owner Reyes Jasen A $416,000
Previous Owner Azimzadeh Hassan $140,000
Previous Owner Azimzadeh Hassan $30,000
Previous Owner Azimzadeh Hassan $253,500
Closed Reyes Jasen A $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Rented $3,780 0.0% --
09/27/2022 09/27/22 Price Changed $3,780 -0.3% $2 / Sq Ft
08/22/2022 08/22/22 For Rent $3,790 +18.4% --
05/11/2018 05/11/18 Rented $3,200 -3.0% --
05/11/2018 05/11/18 Under Contract -- -- --
04/23/2018 04/23/18 For Rent $3,300 0.0% --
05/09/2012 05/09/12 Sold $375,000 -- $232 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,122 $496,128 $275,949 $220,179
2024 $6,122 $486,401 $270,539 $215,862
2023 $6,006 $476,865 $265,235 $211,630
2022 $5,729 $467,516 $260,035 $207,481
2021 $5,655 $458,350 $254,937 $203,413
2019 $5,488 $444,757 $247,376 $197,381
2018 $5,400 $436,037 $242,526 $193,511
2016 $5,152 $419,107 $233,109 $185,998
2015 $5,077 $412,813 $229,608 $183,205
2014 $5,100 $404,728 $225,111 $179,617
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Margriet Asanad

    Alpha & Associates Real Estate

    (818) 406-8214

    6 in this area

    26 Total Sales

    Section Image

  • E

    Tenant's Agent in 2022

    Edwin Khosrovian

    Prominent Real Estate Group

  • Paris MacIvor

    Seller's Agent in 2012

    Paris MacIvor

    Group One Investments Inc.

    (661) 400-3680

    23 Total Sales

    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6 in this area

    5,777 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22184966

California Regional Multiple Listing Service (CRMLS)

APN: 2156-023-017

California Los Angeles County Tarzana 91356

5720 Rhea Ave, Tarzana, CA

This home is located at 5720 Rhea Ave, Tarzana, CA 91356 since 22 August 2022 and is currently priced at $1,114,129. This property was built in 1950. 5720 Rhea Ave is a home located in Los Angeles County with nearby schools including Tarzana Elementary, Gaspar De Portola Middle School, and Wilbur Charter For Enriched Academics.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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