See Home Value
$2,115,000 - $2,585,000
House - Off Market

5022 Ventura Canyon Ave

Sherman Oaks, CA 91423
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3407 Sqft
Refi May 20, 2004
Transfer
$150,000 by Bank Of America Na
Mortgage Due May 20, 2034

About This Property

Reduced and ready for your offer !! This remarkable opportunity comes along only once in a generation. Exceptional value situated on an extraordinary 14,490 sf (.34 acre) flat lot.  Beautiful, thoughtfully maintained timeless traditional mini estate with a sparkling pool and easily gated motor court providing stunning curb appeal. The main residence is a desirable single-level residence with 3 bedrooms, 3.5 baths, office and purposeful spaces.  Enter into a formal living room and dining room bathed in light with oversized windows and designed for great group gatherings and making memories. A spacious traditional kitchen features Calacatta marble countertops, Thermador convection double ovens and stove top, Viking microwave, and a Sub-Zero refrigerator and separate freezer. The breakfast area overlooks the inviting oversized family room - perfect for today's entertaining. A garden-view first-level primary suite with spacious custom closet and attached bath area (tub and shower/WC/double vanity with designer tile) has been tastefully updated. Two additional ensuite bedrooms and an office/laundry area are also featured in the main residence.  Retreat to the separate BR4 (or guest area/studio/gym) and 1/2 bath with an elevated perspective that also overlooks the private yard, pool, sauna and outdoor entertainment area. Wonderful storage areas abound,  including a large attic with wonderful potential, and additional storage area connected to the 2-car garage. Updated Anderson windows, appliances, roof and HVAC.  Highly desirable single-story main residence on a rarely available almost 15,000 sf flat lot, waiting to become YOUR legacy property. Reduced $145,000 since February 7th.

The manager has listed the unit size as 3407 square feet.
Unit Size
3,407Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$690
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Apr 8, 2024 In contract -
In contract
Mar 1, 2024 Price Decreased $2,350,000
↓ $75K (3.1%)
Price Decreased
Feb 12, 2024 Price Increased $2,425,000
↑ $180K (8%)
Price Increased
Feb 10, 2024 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,940
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 960
  • Total Building Area: 2,911
  • Building Area: 2,911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10907
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 10907 W 156 FT EX OF STS OF LOT/SEC 7

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124600

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-F2
  • Subdivision Tract Number: 10907
  • Parcel: 2359-006-026
  • Lot: 7
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.162
  • Longitude: -118.429

    Address

  • Full Address: 5022 Ventura Canyon Ave
  • Address - House Number: 5022
  • Address - Street Name: Ventura Canyon
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C033
  • 4-Digit Zip Code: 1422
  • Zip Code: 91423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,634
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 96
  • Final Value: 2,845,407
  • High Value: 3,038,218
  • Low Value: 2,652,596

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 20, 2004
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 20, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,708
  • Assessed Land Value: $53,933
  • Assessed Improvements Value: $138,775

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
3,147 ft²
$715/ft²
$2,249,000 Mar 8, 2024
-
-
House
4 Beds
4.5 Baths
2,880 ft²
$833/ft²
$2,399,000 Apr 4, 2024
-
-

About South Valley


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Frequently Asked Questions

When was property at 5022 Ventura Canyon Avenue built and last sold?
The property at 5022 Ventura Canyon Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5022 Ventura Canyon Avenue is $2,446,915.
What are some comparable homes to 5022 Ventura Canyon Avenue?
Homes that are comparable to 5022 Ventura Canyon Avenue include a house property at 5222 Atoll Avenue, 5328 Allott Avenue, which are both great to check out.

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