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$5,980,000   Price Analysis
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5653 Hazeltine Ave
Sherman Oaks, CA 91401
22 bed 20 bath 15,422 SqFt ($387/SqFt)
0.24 acre lot. Built 2023
Listed 2024-05-09, Taxes $15,711
Ⓧ USDA Ineligible
due to price & location

near Kester

Please Contact Us For An OM Brnd new construction.

Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity.

Each unit offers over 2, 500+ square feet of living space and features charming rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epitome of luxurious contemporary living. Contact us today to schedule a private tour and experience the unparalleled quality of this stunning development for yourself.


Presented by Kelly Morgan at
KW Advisors.


Property MLS #24-390111 from TheMLSCLAW

Bedrooms: 22

Total Bathrooms: 20
Full Bathrooms: 20

Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Central
Heating Features: Central

Lot Size Acres: 0.2399908
Lot Size Source: Assessor
Lot Size Square Feet: 10454

Garage Spaces: 12
Garage Description: Garage - 2 Car
Parking Total: 12

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 6
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 3.5, 1 SquareFeet: 5995, 2 BedsTotal: 3, 2 BathsTotal: 3.5, 2 SquareFeet: 5795, 3 BedsTotal: 4, 3 BathsTotal: 3, 3 SquareFeet: 5800, 4 BedsTotal: 4, 4 BathsTotal: 3.5, 4 SquareFeet: 5995, 5 BedsTotal: 3, 5 BathsTotal: 3.5, 5 SquareFeet: 5795, 6 BedsTotal: 4, 6 BathsTotal: 3, 6 SquareFeet: 5995

Full Copper Plumbing
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.9
Directions: One half block North of Burbank Blvd, West of Van Nuys Blvd and East of Woodman
Source Property Type: Residential Income
Area: Sherman Oaks
Source Neighborhood: Sherman Oaks
Parcel Number: 2245-027-023
Postal Code Plus 4: 4721
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $710,060
$710,060
$15,711
2021$139,227 + $556,910
$696,137
$8,363
2020$137,800 + $551,200
$689,000
$8,448
2019$23,926 + $26,345
$50,271
$770
2018$23,457 + $25,829
$49,286
$716
2017$22,998 + $25,323
$48,321
$700
2016$22,548 + $24,827
$47,375
$675
2015$22,210 + $24,455
$46,665
$666
2014$21,775 + $23,976
$45,751
$679
2013$21,677 + $23,868
$45,545
$679
2012$21,252 + $23,400
$44,652
$687
2010$20,836 + $22,942
$43,778
$678
2009$20,731 + $22,826
$43,557
$656
2009$20,681 + $22,771
$43,452
$656
2008$20,325 + $22,379
$42,704
$633
2007$19,927 + $21,941
$41,868
$609

Listed 2024-05-09
$5,980,000
TheMLSCLAW
Listing removed 2024-05-09
$0
TheMLSCLAW
Listed 2024-04-23
$5,980,000
TheMLSCLAW
Sold 2019-09-13
$689,000
CRISNET
Listed 2019-07-19
$689,000
CRISNET

Net Operating Income: 293181

Total Square Feet Living: 15422
Year Built: 2023
Common Walls: Attached
Levels: Multi Levels
Living Area Source: Assessor
New Construction: Yes
Property Age: 1
Property Condition: New Construction
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Assessor

Other Equipment: Dishwasher, Stackable W/D Hookup, Range/Oven, Garbage Disposal, Hood Fan
Security Features: Automatic Gate, Gated

Chandler Elementary is a public elementary school located approximately 0.5 miles away.
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Van Nuys Middle School is a public middle school located approximately 0.7 miles away.
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Van Nuys Senior High School is a public high school located approximately 1.3 miles away.
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Academy for Arts & Education is a private high school located approximately 0.4 miles away.
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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.