See Home Value
$2,757,359*
House - Off Market

5516 VANALDEN Avenue

Tarzana, CA 91356
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3157 Sqft
$2,205,000 - $2,695,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Oct 05, 1995
$345,000
$599,900 by Sierra Pacific Mortgage Compan
Mortgage Due Mar 01, 2052
Sold May 19, 1995
$550,000

About This Property

Opportunity Dee A+ !!! This one-of-a-kind former celebrity estate has the combination that's so hard to find: OVER 30000 sqft  flat!!  single-level modern/mid-century remodel on an all-flat double-lot !! 4/4 /fireplaces/pool/spa/sona/ 2 guest house!!12 parking spacious,wine cellar  The home was cleverly built horizontally across the two lots to allow for a true entertainer's backyard with an over sized pool, Spa,Water falls,   circular driveway in the front, and the master suite completely separate from the 4 guest bedrooms with an extremely rare wide hallway. Incredible open floor plan with  French doors, blending the indoor and outdoor spaces, create the quintessential California lifestyle which leads into the open large Patio ,Refrigerator and Wolf Appliances reflecting the mid-century feel in perfect harmony with the modern remodel. Impressive master suite with a huge walk-in closet, free standing tub, steam shower, two fireplaces and two gorgeous retreat lounges. The entertainer lot comes with a sparkling pool,  (unpermitted), , grassy play yard surrounded by mature lush landscape for maximum privacy. Just minutes to the West Side and central to luxury shopping, entertainment and fine dining and located south of the Blvd with walking distance to Ventura Blvd!

The manager has listed the unit size as 3157 square feet.
Unit Size
3,157Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$776
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Oct 2, 2021 No longer available -
No longer available
Jul 21, 2021 Price Decreased $2,450,000
↓ $200K (7.6%)
Price Decreased
Jun 30, 2021 Listed $2,650,000
Listed

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Colonial
  • 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: 30,381
  • Lot Size Depth Feet: 2,340
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,157
  • Building Area: 3,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13335
  • Land Acres: 0.698
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13335 LOT/SEC 6

Ownership

  • Current Owner : TOOLE PAUL O
  • Previous Owner : COAST FEDERAL BANK FSB
  • Owner Before Previous Owner: GASPARIANS ALFRED
  • Owner Before Previous Owner 2: GASPARIANS RISMA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139402

Zoning

  • Zoning: LARA

Geography

  • Assessors Map Reference: 21-B1
  • Subdivision Tract Number: 13335
  • Parcel: 2163-021-005
  • Lot: 6
  • Municipality: NORTH /TARZANA
  • Latitude: 34.1714
  • Longitude: -118.55

    Address

  • Full Address: 5516 Vanalden Ave
  • Address - House Number: 5516
  • Address - Street Name: Vanalden
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Tarzana
  • Carrier Code: C021
  • 4-Digit Zip Code: 3110
  • Zip Code: 91356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,072
  • Tax Rate Code Area: 00-037

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 2,626,449
  • High Value: 2,804,422
  • Low Value: 2,448,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $599,900
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $599,900
  • 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: $922,945
  • Assessed Land Value: $567,969
  • Assessed Improvements Value: $354,976

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 1995
  • Current Sale Recording Date: Oct 05, 1995
  • Current Sale Transaction ID: 1029576608
  • Current Sale Price: $345,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 95-1613973
  • Previous Sale Recording Date: May 19, 1995
  • Previous Sale Contract Date: May 17, 1995
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NATIONSBANC MTG
  • First Mortgage Transaction Date: Oct 05, 1995
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2025

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,743 ft²
$694/ft²
$2,599,000 Feb 27, 2023
-
-
Land
Loft
-
-
$2,350,000 Oct 3, 2022
-
-

About South Valley


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Frequently Asked Questions

When was property at 5516 Vanalden Avenue built and last sold?
The property at 5516 Vanalden Avenue was built in 1949 and last sold on Aug 23, 1995 for $345,000.
How much is this home worth?
The estimated value of the home located at 5516 Vanalden Avenue is $2,461,302.
What are some comparable homes to 5516 Vanalden Avenue?
There are currently no comparable homes to 5516 Vanalden Avenue.

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