$855,000
SOLD JUN 12, 2024 RENTED AUG 13, 2024

5954 Balcom Ave Encino, CA 91316

2 Beds
1 Bath
781 Sq Ft
5,501 Sq Ft Lot

Recently Sold

$1,095 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

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

About This Home

As of June 2024

Introducing a rare opportunity in the heart of Encino! Nestled within a coveted community, this pristine property graces the market for the first time in over three decades, presenting an unparalleled canvas for visionary homeowners and astute investors alike. Boasting a generous lot spanning over 5,500 square feet, this blank slate eagerly awaits the touch of inspired creativity to transform it into a bespoke sanctuary. With limitless potential to fulfill dreams of architectural grandeur or lucrative investment ventures, this parcel epitomizes the essence of possibility. Seize the chance to sculpt your vision into reality in this esteemed Encino enclave, where opportunity meets desirability.

Last Agent to Sell the Property

David Emanuel

Christie's Int. R.E SoCal Brokerage Phone: 818-621-9141 License #01825239 Listed on: 05/08/2024

Christie's Int. R.E SoCal

Last Buyer's Agent

Rosanne Lehmann

Keller Williams North Valley License #00759493

Keller Williams North Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1949

Lot Details

  • 5,501 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned LAR1

Interior Spaces

  • 781 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 323
  • Tax Tract Number 15727
  • Assessor Parcel Number 2159028004
  • $268 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: AS IS
  • Other Phone Description: Text/Cell
  • Other Phone Number: 818.621.9141
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2159028004
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 781.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1094.75
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5501.00
  • Lot Size Acres: 0.1263
  • Latitude Manual: 34.17910000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5501.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1392.00
  • Tax Lot: 323
  • Tax Tract Number: 15727
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 15, 2024
Sold by
Liu Yung Jya
Bought by
5954 Balcom Llc
Seller's Agent
Rosanne Lehmann
Keller Williams North Valley
Buyer's Agent
Abraham Cohen
Keller Williams Realty-Studio City
Sold Price
$2,795
Total Days on Market
13
Views
234
Current Estimated Value
$884,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,300

Purchase Details

Listed on
Jul 1, 2024
Closed on
Aug 13, 2024
Sold by
Liu Yung Jya
Bought by
5954 Balcom Llc
Seller's Agent
Rosanne Lehmann
Keller Williams North Valley
Buyer's Agent
Abraham Cohen
Keller Williams Realty-Studio City
Sold Price
$2,795
Views
234

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 5, 2024
Sold by
Irmgard Kraus Revocable Trust and Kraus Irmgard
Bought by
Liu Yung Jya
Seller's Agent
David Emanuel
Christie's Int. R.E SoCal
Buyer's Agent
Rosanne Lehmann
Keller Williams North Valley
List Price
$795,000
Sold Price
$855,000
Premium/Discount to List
$60,000
7.55%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$598,500
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Kraus Irmgard
Bought by
Kraus Irmgard and The Irmgard Kraus Revocable Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Vanleeuwen Frederick and Vanleeuwen Van Leeuwen
Bought by
Leeuwan Fred
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $855,000 Stewart Title Of California
Grant Deed -- Stewart Title Of California
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $598,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Rented $2,795 0.0% --
08/13/2024 08/13/24 Under Contract -- -- --
08/06/2024 08/06/24 For Rent $2,795 0.0% --
08/05/2024 08/05/24 Under Contract -- -- --
07/29/2024 07/29/24 Price Changed $2,795 0.0% $3 / Sq Ft
07/29/2024 07/29/24 For Rent $2,795 -6.7% --
07/29/2024 07/29/24 Off Market $2,995 -- --
07/27/2024 07/27/24 For Rent $2,995 0.0% --
07/16/2024 07/16/24 Price Changed $2,995 0.0% $3 / Sq Ft
07/16/2024 07/16/24 For Rent $2,995 -6.3% --
07/15/2024 07/15/24 Off Market $3,195 -- --
07/01/2024 07/01/24 For Rent $3,195 0.0% --
06/12/2024 06/12/24 Sold $855,000 0.0% $1,095 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 Off Market $855,000 -- --
05/08/2024 05/08/24 For Sale $795,000 -- $1,018 / Sq Ft
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
2024 $1,782 $133,182 $91,907 $41,275
2023 $1,750 $130,571 $90,105 $40,466
2022 $1,674 $128,012 $88,339 $39,673
2021 $1,650 $125,503 $86,607 $38,896
2019 $1,603 $121,783 $84,039 $37,744
2018 $1,527 $119,396 $82,392 $37,004
2016 $1,452 $114,762 $79,194 $35,568
2015 $1,432 $113,039 $78,005 $35,034
2014 $1,444 $110,825 $76,477 $34,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24093069

California Regional Multiple Listing Service (CRMLS)

APN: 2159-028-004