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Sold for $600,000
  • Listed by: SoCal Real Estate Services • Nubar Garibyan • Contact: 818-763-9600
    Bought with: 1st Point Realty
    Tax assessed value
    $600,000

    5540 Sylmar Ave APT 5, Van Nuys, CA 91401

    2beds
    1,271sqft
    Condominium
    Built in 1982
    -- sqft lot
    $644,000 Zestimate®
    $472/sqft
    $3,662 Estimated rent

    Home value

    $644,000

    $599,000 - $696,000

    $3,662/mo

    Zestimate® history
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    What's special

    Welcome to 5540 Sylmar Ave #5, 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 spacious and come with custom blinds. Additional 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 entertainer’s private balcony. The hallway features an in-unit laundry hookup and 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, Ralph’s grocery and restaurants on Ventura Boulevard!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nubar Garibyan DRE #01101586 818-368-8778,

    SoCal Real Estate Services

    Bought with:

    Marielle Epstein, DRE #01736557

    1st Point Realty

    Source: CRMLS,MLS#: SR24089918MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Low Flow Plumbing Fixtures, Separate Shower, Upgraded
    Kitchen
    • Features: Quartz Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Gas Range
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Balcony, High Ceilings, Quartz Counters, Bedroom on Main Level, Main Level Primary
    • Flooring: Laminate, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas
    • Common walls with other units/homes: 2+ Common Walls,No One Below
    Interior area
    • Total interior livable area: 1,271 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Assigned, Covered, Electric Gate, Gated, Tandem
    • Attached garage spaces: 2
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Stairs
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.89 Acres
    • Features: 21-25 Units/Acre
    Details
    • Parcel number: 2245007051
    • On leased land: Yes
    • Lease amount: $180
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Tile
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Curbs, Urban, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub
    • HOA fee: $400 monthly
    • HOA name: Cameron Courts HOA
    • HOA phone: 310-444-7444
    Location
    • Region: Van Nuys

    Financial & listing details

    • Price per square foot: $472/sqft
    • Tax assessed value: $600,000
    • Annual tax amount: $7,329
    • Date on market: 5/5/2024
    • Cumulative days on market: 31 days
    • Listing terms: Cash to Existing Loan,Conventional

    Price history

    DateEventPrice
    7/24/2024Sold$600,000+0.2%$472/sqft
    Source: CRMLS #SR24089918 Report a problem
    6/8/2024Contingent$599,000$471/sqft
    Source: CRMLS #SR24089918 Report a problem
    5/5/2024Listed for sale$599,000+20%$471/sqft
    Source: CRMLS #SR24089918 Report a problem
    9/21/2020Sold$499,000$393/sqft
    Source: CRISNet / SRAR #SR20147764 Report a problem
    8/14/2020Pending sale$499,000$393/sqft
    Source: Executive Realty & Finance #SR20147764 Report a problem
    7/25/2020Listed for sale$499,000+53.3%$393/sqft
    Source: Executive Realty & Finance #SR20147764 Report a problem
    1/19/2016Sold$325,500-1.3%$256/sqft
    Source: Public Record Report a problem
    12/15/2015Pending sale$329,900$260/sqft
    Source: CENTURY 21 GEORGE MICHAEL #MB15188308 Report a problem
    11/28/2015Price change$329,900-6.5%$260/sqft
    Source: CENTURY 21 GEORGE MICHAEL #MB15188308 Report a problem
    10/8/2015Pending sale$352,775$278/sqft
    Source: CENTURY 21 GEORGE MICHAEL #MB15188308 Report a problem
    8/26/2015Listed for sale$352,775+14.5%$278/sqft
    Source: CENTURY 21 GEORGE MICHAEL #MB15188308 Report a problem
    5/27/2015Sold$308,155-18.7%$242/sqft
    Source: Public Record Report a problem
    2/25/2015Listing removed$379,000$298/sqft
    Source: Allstar Brokers Network #SR14211415 Report a problem
    2/9/2015Price change$379,000-5%$298/sqft
    Source: Allstar Brokers Network #SR14211415 Report a problem
    1/12/2015Listed for sale$398,900+53.4%$314/sqft
    Source: Allstar Brokers Network #SR14211415 Report a problem
    10/22/2014Listing removed$260,000$205/sqft
    Source: Allstar Brokers Network #SR14211415 Report a problem
    10/3/2014Listed for sale$260,000+13%$205/sqft
    Source: Allstar Brokers Network #SR14211415 Report a problem
    9/22/2012Listing removed$230,000$181/sqft
    Source: Reliant Equity Group,Inc. #F11151765 Report a problem
    12/18/2011Listed for sale$230,000-45.5%$181/sqft
    Source: Reliant Equity Group,Inc. #F11151765 Report a problem
    5/23/2006Sold$422,000+18.9%$332/sqft
    Source: Public Record Report a problem
    5/14/2004Sold$355,000+82.1%$279/sqft
    Source: Public Record Report a problem
    5/1/2002Sold$195,000+56%$153/sqft
    Source: Public Record Report a problem
    5/23/2000Sold$125,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,329 +12.1%$600,000 +13.3%
    2024$6,539 +2%$529,541 +2%
    2023$6,413 +4.9%$519,159 +2%
    2022$6,113 +14.2%$508,980 +15.5%
    2021$5,351 -1%$440,736 +1%
    2020$5,403 $436,218 +2%
    2019$5,403 +4.7%$427,665 +2%
    2018$5,160 $419,280 +2%
    2017$5,160 +2.3%$411,060 +15.7%
    2016$5,045 +15.8%$355,337 -8.4%
    2015$4,357 -10.3%$388,000
    2014$4,859 $388,000 +51%
    2012-- $257,000 -15%
    2011-- $302,500
    2010-- $302,500
    2009-- $302,500 -31.1%
    2008-- $439,047 +2%
    2007-- $430,440 +16.5%
    2006-- $369,341
    2005-- $369,341 +82.3%
    2004-- $202,612 +1.9%
    2003-- $198,900 +52.9%
    2002-- $130,050 +17.2%
    2000-- $111,000
    Find assessor info on the county website

    Neighborhood: Sherman Oaks

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $644,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $644,000