See Home Value
$1,170,000 - $1,428,000
House - Off Market

5521 McLennan Ave

Encino, CA 91436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1848 Sqft
Sold Mar 01, 2024
$901,000
Sold Oct 15, 2004
$610,000
$579,500 by Finance America Llc
Mortgage Due Nov 01, 2034

About This Property

A prime school district, corner lot, beautiful yard with pool/spa area for family fun and loads of entertaining. This exceptional 3 BR/2BA home offers this and more! There is tons of living space, storage, and laundry, plus a fireplace. Another phenomenal feature of this property is the potential of adding an ADU...convert the garage into an income-producing unit or extra space for family and guests. Minutes from Lake Balboa Recreation Ctr., the Municipal Golf course, you don't want to miss out on this one.

The manager has listed the unit size as 1848 square feet.
Unit Size
1,848Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$703
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold to Garen Reyhaman $901,000
Sold to Garen Reyhaman
Feb 8, 2024 No longer available -
No longer available
Dec 15, 2023 Price Decreased $1,299,000
↓ $51K (3.8%)
Price Decreased
Dec 1, 2023 Price Decreased $1,350,000
↓ $25K (1.8%)
Price Decreased
Oct 25, 2023 Listed $1,375,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,760
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 16860
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 16860 LOT/SEC 6

Ownership

  • Current Owner : REYHAMAN GAREN
  • Previous Owner : WESTERN PROGRESSIVE LLC
  • Owner Before Previous Owner: MV INVESTMENTS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 980024

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 21-F1
  • Subdivision Tract Number: 16860
  • Parcel: 2251-009-006
  • Lot: 6
  • Municipality: NORTH /VAN NUYS WEST
  • Latitude: 34.1713
  • Longitude: -118.5

    Address

  • Full Address: 5521 Mclennan Ave
  • Address - House Number: 5521
  • Address - Street Name: Mclennan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encino
  • Carrier Code: C052
  • 4-Digit Zip Code: 1023
  • Zip Code: 91436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,542
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 1,391,461
  • High Value: 1,485,749
  • Low Value: 1,297,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,256
  • Assessed Land Value: $602,897
  • Assessed Improvements Value: $214,359

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Mar 01, 2024
  • Current Sale Transaction ID: 11921645350
  • Current Sale Price: $901,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 134733
  • Previous Sale Recording Date: Oct 15, 2004
  • Previous Sale Contract Date: Oct 11, 2004
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE AMERICA LLC
  • Previous Mortgage Transaction Date: Oct 15, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $579,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Nov 01, 2034



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,749 ft²
$686/ft²
$1,200,000 Mar 29, 2023
-
-
House
3 Beds
2 Baths
1,608 ft²
$932/ft²
$1,499,000 Oct 13, 2023
-
-
House
4 Beds
3 Baths
1,785 ft²
$868/ft²
$1,550,000 Mar 10, 2023
-
-

About South Valley


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Frequently Asked Questions

When was property at 5521 McLennan Avenue built and last sold?
The property at 5521 McLennan Avenue was built in 1954 and last sold on Feb 26, 2024 for $901,000.
How much is this home worth?
The estimated value of the home located at 5521 McLennan Avenue is $1,309,058.
What are some comparable homes to 5521 McLennan Avenue?
Homes that are comparable to 5521 McLennan Avenue include a house property at 16821 Albers Street, 5326 Forbes Avenue, 5656 Wish Avenue.

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