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5509 Red Oak Drive

5509 Red Oak Drive, Los Angeles, CA 90068
Property in Hollywood United
Sold Feb 28, 2022
$4,900,000
$3,675,000 by City National Bank
Mortgage Due Mar 01, 2052
Sold Apr 18, 2018
$4,910,000
$3,928,000 by Bank Of America Na
Mortgage Due Apr 18, 2033
5509 Red Oak Drive in Los Angeles, CA was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 5509 Red Oak Drive has 4,644 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 880 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 9,694 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5509 Red Oak Drive was last sold in Feb 16, 2022 for $4,900,000. According to our calculations, that's $1,055.12 per sqft. Prior to that sales transaction, the property was sold for $4,910,000 in Mar 16, 2018. Current property owners are expected to pay $62,194 in taxes per year. The property on 5509 Red Oak Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,998,000. To break that down further, the land itself was valued at $2,295,816. While improvements to the property were assessed at a total of $2,702,184. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • 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: 9,694
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 880
  • Total Building Area: 4,644
  • Building Area: 4,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5257
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 5257 LOT/SEC 56

Ownership

  • Current Owner : RED OAK MANOR LAND TRUST
  • Previous Owner : MOA ANGELUS TRUST
  • Owner Before Previous Owner: HALL RICHARD M
  • Ownership Rights Codes: Trustee/Conservator
  • 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: 5587-004-015
  • Lot: 56
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1131
  • Longitude: -118.31

    Address

  • Full Address: 5509 Red Oak Dr
  • Address - House Number: 5509
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C068
  • 4-Digit Zip Code: 2550
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $62,194
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 5,299,499
  • High Value: 5,658,549
  • Low Value: 4,940,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,675,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $3,675,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,998,000
  • Assessed Land Value: $2,295,816
  • Assessed Improvements Value: $2,702,184

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880123026
  • Current Sale Price: $4,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 227060
  • Previous Sale Recording Date: Apr 18, 2018
  • Previous Sale Contract Date: Mar 16, 2018
  • Previous Sale Amount: $4,910,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $3,675,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Apr 18, 2018
  • Previous Mortgage Loan Amount: $3,928,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 18, 2033

About Central LA



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Frequently Asked Questions

What neighborhood is 5509 Red Oak Drive located in?
The 5509 Red Oak Drive is a located in the neighborhood of Hollywood United in Central LA, Los Angeles.
What is the average sales price for listings in 5509 Red Oak Drive?
The average sales price for units in 5509 Red Oak Drive is $0 currently.

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