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$599,000   Price Analysis
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5540 Sylmar Ave Apt 5
Sherman Oaks, CA 91401
2 bed 2 bath 1,271 SqFt ($471/SqFt)
0.89 acre lot. Built 1982
Listed 2024-05-05, HOA $400, Taxes $6,113
Ⓧ USDA Ineligible
due to location

near Kester

Welcome to 5540 Sylmar Ave #5

* Has Contingent Offer *

A recently renovated, move in ready 2bed/2bath specious condominium located in a prime Sherman Oaks neighborhood! The unit boasts a newer kitchen with modern cabinets, stainless-steel appliances and quartz counter tops. Also, there are 2 modern, recently remodeled bathrooms with new sinks, quartz countertops, showers and toilets. The unit also offers a newer HVAC system, dual pane sliding doors and dual pane windows. Master suite offers a large walk-in closet, private bathroom with a double vanity set and an enclosed shower.

Both bedrooms are open and come with custom blinds. Additonal amenities are a community sparkling pool, well maintained grounds, private entrance and two subterranean parking spaces. The interior of this luxurious unit offers high ceilings, formal dining area, newer hardwood floors, recessed lighting throughout and a large entertainers private balcony. The hallway features an in-unit laundry hookup an d a linen closet. This unit also has its own designated storage room. HOA includes water, trash and groundskeeping. The unit is conveniently located near both 101 and 405 freeways and is at close proximity to major shopping Centers, such as Sherman Oaks Galleria, Ralphs grocery and restaurants on Ventura Boulevard!


Presented by Nubar Garibyan at
Socal Real Estate Services.


Property MLS #SR24089918 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 2
Bathroom 1 Features: Low Flow Toilet(s), Shower, Exhaust fan(s), Upgraded

Balcony
High Ceilings
Quartz Counters
Flooring: Laminate, Tile

Kitchen Appliances: 6 Burner Stove, Dishwasher, Gas Range
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup

Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Cooling Features: Central Air
Fireplace Features: Fireplace: Yes
Heating Features: Central
Heating: Yes

Kitchen Features: Quartz Counters

Pool Features: Association, Community
Spa Features: Spa: Yes, Spa Features: Association, Community

Land Lease Amount: 179.57
Land Lease Amount Frequency: Monthly
Land Lease: Yes
Lot Description: 21-25 Units/Acre
Lot Size Acres: 0.8935
Lot Size Source: Assessor
Lot Size Square Feet: 38921

Garage Spaces: 2
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Assigned, Auto Driveway Gate, Attached Carport, Gated, Tandem Covered
Parking Total: 2

Association: Yes
Association Amenities: Pool, Spa/Hot Tub
Association Fee: 400
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 400

Number of Units: 24

School District: Los Angeles Unified

Van Nuys Middle School is a public middle school located approximately 0.3 miles away.
directions icon Map directions

Chandler Elementary is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

Van Nuys Senior High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

Abc Little School-Sherman Oaks is a private elementary school located approximately 0.7 miles away.
directions icon Map directions

Community Features: Curbs, Urban

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: South of Burbank, East of Van Nuys Blvd.
Source Property Type: Residential
Area: SO - Sherman Oaks
Property Subtype: condo
Source Neighborhood: SO - Sherman Oaks
Parcel Number: 2245007051
Postal Code Plus 4: 5135
Zoning: LAR3
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$306,000 + $202,980
$508,980
$6,113
2021$176,076 + $264,660
$440,736
$5,350
2020$174,271 + $261,947
$436,218
$5,403
2019$170,854 + $256,811
$427,665
$5,190
2018$167,504 + $251,776
$419,280
$5,159
2017$164,220 + $246,840
$411,060
$5,045
2016$142,135 + $213,202
$355,337
$4,357
2015$110,200 + $277,800
$388,000
$4,747
2014$110,200 + $277,800
$388,000
$4,859
2013$73,000 + $184,000
$257,000
$3,277
2012$73,000 + $184,000
$257,000
$3,384
2010$85,700 + $216,800
$302,500
$3,980
2009$85,700 + $216,800
$302,500
$3,827
2009$85,700 + $216,800
$302,500
$3,827
2008$124,431 + $314,616
$439,047
$5,359
2007$121,992 + $308,448
$430,440
$5,231

Listed 2024-05-05
$599,000
CRMLS
Sold 2020-09-21
$499,000
CRISNET
Listing removed 2018-10-19
$365,000
CRISNET
Listing removed 2018-10-19
$190,000
CRISNET
Listing removed 2018-10-19
$230,000
CRISNET
Sold 2016-01-15
$326,000
CRMLS
Price Changed 2015-12-11
$329,900
CRMLS
Relisted 2015-11-10
$352,775
CRMLS
Listing removed 2015-10-07
$352,775
CRMLS
Listed 2015-08-25
$352,775
CRMLS
Listing removed 2015-05-21
$365,000
CRISNET
Relisted 2015-04-10
$365,000
CRISNET
Listing removed 2015-04-07
$365,000
CRISNET
Price Changed 2015-03-04
$365,000
CRISNET
Relisted 2015-02-25
$379,000
CRISNET
Listing removed 2015-02-07
$398,900
CRISNET
Price Changed 2015-01-10
$398,900
CRISNET
Listing removed 2014-12-04
$260,000
CRMLS
Listed 2014-09-26
$260,000
CRMLS
Listed 2014-09-26
$260,000
CRISNET
Listing removed 2014-04-03
$190,000
CRISNET
Listing removed 2013-09-13
$190,000
ITECH
Relisted 2013-07-17
$190,000
ITECH
Listing removed 2013-05-29
$190,000
ITECH
Listed 2013-04-02
$190,000
ITECH
Listed 2013-03-27
$190,000
CRISNET
Listing removed 2012-09-20
$230,000
ITECH
Listing removed 2012-09-20
$230,000
CRISNET
Listed 2012-09-19
$230,000
CRISNET
Listed 2011-10-26
$230,000
ITECH
Listing removed 2011-02-09
$245,000
ITECH
Listed 2010-12-14
$245,000
ITECH
Listing removed 2010-05-17
$229,999
ITECH
Price Changed 2010-05-07
$229,999
ITECH
Listed 2010-04-20
$259,000
ITECH
Sold 2006-05-23
$422,000
Public Record
Sold 2004-09-22
$355,000
Public Record
Sold 2004-05-14
$355,000
Public Record
Sold 2000-05-23
$125,000
Public Record
Sold 1992-05-15
$155,000
Public Record
Sold 1989-12-29
$138,000
Public Record

Total Square Feet Living: 1271
Year Built: 1982
Common Walls: 2+ Common Walls, No One Below
Construction Materials: Stucco
Entry Level: 2
Entry Location: Stairs
Living Area Source: Assessor
Property Age: 42
Property Attached: Yes
Property Condition: Turnkey, Updated/Remodeled
Roof: Tile
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Multi Family
House Style: Contemporary
Year Built Source: Assessor

Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.