See Home Value
$4,978,261*
House - Off Market

5500 Red Oak Dr

Los Angeles, CA 90068
bedrooms
4 Beds
bathrooms
5 Baths
square feet
5100 Sqft
$4,136,000 - $5,054,000
Reference Base Price*
8.34%
Since Dec 1, 2022
CA-Los Angeles
Primary Model
Sold Oct 27, 2022
$18,531,818
$2,980,000 by Bank Of Southern California
Mortgage
Sold Aug 06, 2021
$3,325,000
$1,300,000 by Flagstar Bank Fsb
Mortgage Due Sep 01, 2051

About This Property

Newly remodeled and gated Spanish estate located in the highly desirable "Oak Streets" of Los Feliz. This entertainer's dream boasts a majestic backyard equipped with a fireplace in your pergola-framed outdoor living room, pool, spa, outdoor kitchen, and a camping-style fire pit with views of the Griffith Observatory from the upper levels, perfect for any dining experience at home. Overlooking the amazing outdoor space is a double-height, sun-drenched great room featuring a fireplace and breakfast nook that spills into the gourmet kitchen which leads down to the formal dining room. Without compromising flow throughout, the house allows you to have multiple places to commune, yet still find space for some alone time. Seamless indoor/outdoor flow, complete with a 3-car garage, 4 car driveway, ample storage and so much more. This rare offering is completely nestled in nature, just moments away from "Trails Cafe" and all the beauty and hikes Griffith Park has to offer. For anyone who wants to live in nature but still be minutes from the conveniences of city life, this is a must-see.

The manager has listed the unit size as 5100 square feet.
Unit Size
5,100Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$901
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Nov 2, 2022 No longer available -
No longer available
Aug 26, 2022 In contract -
In contract
Jul 22, 2022 Listed $4,595,000
Listed
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,558
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 4,115
  • Building Area: 4,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5257
  • Land Acres: 0.426
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5257 LOT/SEC 45

Ownership

  • Current Owner : 550 RED OAK DRIVE ZAV NEXT ONE LLC
  • Previous Owner : LEE JI
  • Previous Owner 2: YEU EUN
  • Owner Before Previous Owner: ROSENBLUM ALEX
  • Owner Before Previous Owner 2: ROSENBLUM MONICA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189300

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 34-E2
  • Subdivision Tract Number: 5257
  • Parcel: 5587-004-004
  • Lot: 45
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1126
  • Longitude: -118.31

    Address

  • Full Address: 5500 Red Oak Dr
  • Address - House Number: 5500
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C068
  • 4-Digit Zip Code: 2551
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,558
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 4,098,036
  • High Value: 5,065,531
  • Low Value: 3,130,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,980,000
  • First Open Lien Mortgage Lender: BANK OF SOUTHERN CALIFORNIA
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Loan Amount: $2,980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,530,000
  • Assessed Land Value: $3,624,000
  • Assessed Improvements Value: $906,000

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11897917078
  • Current Sale Price: $18,531,818
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1023787
  • Previous Sale Recording Date: Aug 06, 2021
  • Previous Sale Contract Date: Jun 14, 2021
  • Previous Sale Amount: $3,325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF SOUTHERN CALIFORNIA
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $2,980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Aug 06, 2021
  • Previous Mortgage Loan Amount: $1,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
3,436 ft²
$1,308/ft²
$4,495,000 Sep 5, 2023
-
-
House
5 Beds
3.5 Baths
4,743 ft²
$1,001/ft²
$4,750,000 Jul 6, 2023
-
-
House
5 Beds
5.5 Baths
4,103 ft²
$1,097/ft²
$4,499,000 Oct 23, 2023
-
-

About Central LA


Similar Homes for Sale

Unit for sale at 2009 North Oxford Avenue, Los Angeles, CA 90027

$4,499,000

  • 5 Beds
  • 5.5 Baths
  • 4,103 ft²
2009 North Oxford Avenue, Los Angeles, CA 90027 Listing by Boni Bryant
Unit for sale at 5231 Franklin Avenue, Los Angeles, CA 90027

$4,750,000

  • 5 Beds
  • 3.5 Baths
  • 4,743 ft²
5231 Franklin Avenue, Los Angeles, CA 90027 Listing by Victoria Massengale
Unit for sale at 2350 Hollyridge Drive, Los Angeles, CA 90068

$4,495,000

  • 4 Beds
  • 5 Baths
  • 3,436 ft²
2350 Hollyridge Drive, Los Angeles, CA 90068 Listing by Farrah Brittany

Nearby Rentals

Unit for rent at 6526 Cerritos Place, Los Angeles, CA, 90068

$9,999 /mo

  • 5 Beds
  • 4 Baths
  • 2,513 ft²
6526 Cerritos Place, Los Angeles, CA, 90068 Listing by Marc Tahler
Unit for rent at 4311 Clayton Ave, Los Angeles, CA, 90027

$6,500 /mo

  • 2 Beds
  • 1 Bath
  • 574 ft²
4311 Clayton Ave, Los Angeles, CA, 90027 Listing by Katie Crain
Unit for rent at 5159 Clinton St, Los Angeles, CA, 90004

$5,000 /mo

  • Studio
  • 2 Baths
  • 994 ft²
5159 Clinton St, Los Angeles, CA, 90004 Listing by Rebecca Eliav


Frequently Asked Questions

When was property at 5500 Red Oak Drive built and last sold?
The property at 5500 Red Oak Drive was built in 1924 and last sold on Sep 30, 2022 for $18,531,818.
How much is this home worth?
The estimated value of the home located at 5500 Red Oak Drive is $4,639,180.
What are some comparable homes to 5500 Red Oak Drive?
There are currently no comparable homes to 5500 Red Oak Drive.

Quantcast