Check Availability
$920,000
House - For Sale

5647 Satsuma Avenue

North Hollywood, CA 91601
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1106 Sqft
$4,518
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to this charming two-bedroom, two-bathroom home nestled in the heart of North Hollywood, situated on a desirable R2 zoning district lot, offering exciting potential for expansion or additional dwelling units. Boasting a blend of classic charm and modern updates, this residence presents a wonderful opportunity for investors or homeowners alike. As you step inside, you'll be greeted by a welcoming ambiance that seamlessly combines comfort and functionality. The home has undergone partial remodeling, enhancing its appeal while retaining its original character. From upgraded fixtures to tasteful finishes, every detail has been carefully considered to create a cozy yet contemporary living space. The well-appointed floor plan offers a comfortable living environment, with two spacious bedrooms providing ample accommodation for residents or guests. Each bedroom is accompanied by its own bathroom, offering convenience and privacy. The property's R2 zoning presents exciting possibilities for expansion or development, allowing for the potential construction of additional units on the lot. Whether you're looking to capitalize on rental income opportunities or create a multi-generational living space, this flexibility adds tremendous value to the property. Outside, the expansive lot provides plenty of space for outdoor enjoyment and potential expansion, while the surrounding neighborhood of North Hollywood offers a vibrant array of amenities, including shops, restaurants, and entertainment options. Don't miss your chance to own this fantastic property in a prime North Hollywood location, offering the perfect blend of investment potential and comfortable living. With its R2 zoning and partial remodeling, this home presents endless possibilities for the savvy investor or homeowner looking to make their mark in this dynamic area.

The manager has listed the unit size as 1106 square feet.
Unit Size
1,106Ft²
Days on Market
11 days
Land Size
0.14 acres
Price per sqft
$832
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
Listed By
Last updated: 9 days ago (MRMLSCA #SR24072993)

Price History

Date / Event Date Event Price
Apr 24, 2024 Listed by Equity Union $920,000
Listed by Equity Union
Nov 28, 2023 Sold to Akbar Ghofrani $790,000
Sold to Akbar Ghofrani

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,089
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9770
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 9770 LOT/SEC 13

Ownership

  • Current Owner : GHOFRANI AKBAR
  • Previous Owner : BROWN BRITTAN
  • Previous Owner 2: BROWN MARGUERITA MARIA
  • Owner Before Previous Owner: ARIAS BROWN PATRICIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124300

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 23-E1
  • Subdivision Tract Number: 9770
  • Parcel: 2415-007-013
  • Lot: 13
  • Municipality: NORTH /N HOLLYWOOD/TOLUCA LAKE
  • Latitude: 34.1736
  • Longitude: -118.367

    Address

  • Full Address: 5647 Satsuma Ave
  • Address - House Number: 5647
  • Address - Street Name: Satsuma
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C013
  • 4-Digit Zip Code: 2018
  • Zip Code: 91601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,445
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-042

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 967,874
  • High Value: 1,181,072
  • Low Value: 754,676

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $763,125
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Nov 28, 2023
  • First Open Lien Mortgage Loan Amount: $763,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $549,294
  • Assessed Land Value: $439,443
  • Assessed Improvements Value: $109,851

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Nov 28, 2023
  • Current Sale Transaction ID: 11917064650
  • Current Sale Price: $790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 820576
  • Previous Sale Recording Date: Dec 20, 2004
  • Previous Sale Contract Date: Nov 30, 2004
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Nov 28, 2023
  • First Mortgage Loan Amount: $763,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • Previous Mortgage Transaction Date: Dec 20, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $328,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,252 ft²
$639/ft²
$799,999 Apr 25, 2024
-
-
House
3 Beds
1 Bath
1,071 ft²
$746/ft²
$799,000 Apr 11, 2024
-
-
House
3 Beds
3 Baths
1,300 ft²
$677/ft²
$879,650 Apr 30, 2020
-
-
House
3 Beds
2 Baths
1,344 ft²
$688/ft²
$925,000 Apr 1, 2024
-
-
House
3 Beds
3.5 Baths
1,912 ft²
$522/ft²
$999,000 Oct 4, 2023
-
$234/mo
House
3 Beds
3.5 Baths
1,912 ft²
$533/ft²
$1,020,000 Aug 5, 2023
-
$200/mo
House
3 Beds
3.5 Baths
1,912 ft²
$549/ft²
$1,049,000 Sep 27, 2023
-
$234/mo
House
3 Beds
3 Baths
2,050 ft²
$480/ft²
$985,000 Apr 5, 2024
-
-

About South Valley


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Frequently Asked Questions

When was property at 5647 Satsuma Avenue built and last sold?
The property at 5647 Satsuma Avenue was built in 1942 and last sold on Oct 24, 2023 for $790,000.
How much is this home worth?
The estimated value of the home located at 5647 Satsuma Avenue is $915,625.
What are some comparable homes to 5647 Satsuma Avenue?
Homes that are comparable to 5647 Satsuma Avenue include a house property at 6212 Bakman Avenue, 11450 Oxnard Street, 6245 Craner Avenue.

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