Seller's Agent in 2022
Abraham Cohen
Equity Union
(818) 613-2667
15 in this area
72 Total Sales
5928 Tobias Ave Sherman Oaks, CA 91411
Van Nuys NeighborhoodEstimated Value: $1,457,000 - $1,961,000
6
Beds
4
Baths
2,700
Sq Ft
$660/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Open Floorplan
- Living Room
- Kester Avenue Elementary School Rated A-
- Double Pane Windows
- Laundry Room
About This Home
As of August 2022TWO SEPARATE HOUSES ON A LOT! Remodeled and expanded in a quiet Sherman Oaks neighborhood. There is nothing like it on the market today. Beautiful driveway with custom laid pavers and easy-care front yard with artificial turf leads the way to this exciting property. The main house is a 3 bed and 2 bath with 1500 sqft. This was stripped to the studs and features an open floor plan and new kitchen with waterfall quartz counter tops, stainless steel appliances, beautiful new flooring, new windows, base moldings, tankless water heater, and recessed lighting throughout. The newly added master bedroom features an en-suite bathroom and sliding doors for easy access to the backyard. The master bath includes a large tiled shower with seamless glass doors. The ADU is mostly new construction and features 3 bed, 2 bath and 1200 sqft. with a new kitchen with quartz counter tops, subway tile backsplash, stainless steel appliances, recessed lights throughout, and is open to the living area. The master bedroom includes an en-suite bathroom with a large tiled shower and seamless glass doors. Additional features include base moldings, tankless water heater, energy saving roof, copper plumbing and each unit has its own washer/dryer hookup and electrical meter. The water meter in the front house has a sub meter for the second unit. Not only are both these homes energy efficient, there is a 500 sq ft permitted carport and the main sewer line is new; this home is ready and waiting for the right people. Within close proximity of freeways, restaurants and shopping centers. This beautifully landscaped property is perfect for extended families or those looking for additional rental income. Also, located in the award-winning Kester Elementary School District.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,519
Year Built
- Built in 1943 | Remodeled
Lot Details
- 6,734 Sq Ft Lot
- No Common Walls
- West Facing Home
- Fenced
- Density is 2-5 Units/Acre
- On-Hand Building Permits
Home Design
- Turnkey
- Additions or Alterations
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Double Pane Windows
- Living Room
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
Additional Features
- Detached Guest House
- Suburban Location
Listing and Financial Details
- Tax Lot 74
- Tax Tract Number 11251
- Assessor Parcel Number 2244005003
- $187 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $1,800
- Gross Income $9,500
- Net Operating Income $7,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2024
Sold by
Kohan Mitra and Kohan Bita
Bought by
Tobias Avenue Llc
Total Days on Market
144
Current Estimated Value
Purchase Details
Listed on
Mar 7, 2022
Closed on
Aug 1, 2022
Sold by
5853 Tobias Avenue Llc
Bought by
Kohan Mitra
Seller's Agent
Abraham Cohen
Equity Union
Buyer's Agent
Bruce Urena
Compass
List Price
$1,875,000
Sold Price
$1,650,000
Premium/Discount to List
-$225,000
-12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$970,800
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 9, 2021
Sold by
Taylor Robin
Bought by
5853 Tobias Avenue 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
2.7%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tobias Avenue Llc | -- | None Listed On Document | |
| Kohan Mitra | -- | None Listed On Document | |
| Kohan Mitra | $1,650,000 | Fidelity National Title | |
| 5853 Tobias Avenue Llc | $800,000 | Priority Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kohan Mitra | $970,800 | |
| Previous Owner | 5853 Tobias Avenue Llc | $1,000,000 | |
| Previous Owner | Feldman Mary Fay | $52,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $1,650,000 | -1.4% | $611 / Sq Ft |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- |
| 07/14/2022 07/14/22 | Price Changed | $1,674,000 | -1.5% | $620 / Sq Ft |
| 05/20/2022 05/20/22 | Price Changed | $1,699,000 | -2.9% | $629 / Sq Ft |
| 05/06/2022 05/06/22 | Price Changed | $1,749,000 | -2.6% | $648 / Sq Ft |
| 04/06/2022 04/06/22 | Price Changed | $1,795,000 | -4.3% | $665 / Sq Ft |
| 03/07/2022 03/07/22 | For Sale | $1,875,000 | -- | $694 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $20,519 | $1,683,000 | $1,009,800 | $673,200 |
| 2023 | $20,118 | $1,650,000 | $990,000 | $660,000 |
| 2022 | $9,705 | $816,000 | $652,800 | $163,200 |
| 2021 | $9,589 | $800,000 | $480,000 | $320,000 |
| 2020 | $1,354 | $104,514 | $55,952 | $48,562 |
| 2019 | $1,305 | $102,465 | $54,855 | $47,610 |
| 2018 | $1,264 | $100,457 | $53,780 | $46,677 |
| 2016 | $1,196 | $96,558 | $51,693 | $44,865 |
| 2015 | $1,178 | $95,109 | $50,917 | $44,192 |
| 2014 | $1,191 | $93,247 | $49,920 | $43,327 |
Source: Public Records
Agents Affiliated with this Home
-
Abraham Cohen
-
Donny Cohen
D
Seller Co-Listing Agent in 2022
Donny Cohen
Equity Union
(818) 259-4241
11 in this area
52 Total Sales
-
Bruce Urena
Buyer's Agent in 2022
Bruce Urena
Compass
(310) 975-9916
4 in this area
35 Total Sales
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22044517
APN: 2244-005-003
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