See Home Value
$1,121,208*
House - Off Market

5700 Ostrom Avenue

Encino, CA 91316
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1770 Sqft
$689,000 - $841,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
Sold Aug 05, 2020
$1,400,000
$1,000,000 by Citibank Na
Mortgage Due Sep 01, 2050
Sold Oct 22, 2019
$720,000
$684,000 by Homebridge Financial Services
Mortgage Due Nov 01, 2049

About This Property

Classic, mid-century modern, 3 bedroom, 2 bath, 1,770 sq ft, single-story home set on a quiet, tree-lined street in the highly desirable Encino Village area. Double door entry leads to bright, spacious, open-plan living space. Expansive central living room features cathedral ceilings with exposed wood beams, parquet wood floor, oversize fireplace and opens onto the dining room, family room, bonus room, and kitchen. Airy dining room features tile floor and sliding-glass door access to back yard and view of the pool. Family room features built-in shelving, closet, and parquet floor. Bonus room, converted from part of the garage, has good sized window, carpeting, and wooden beam ceiling. Kitchen features greenhouse window, ample cabinets and countertop, and pantry area. Sizable master bedroom boasts carpets, double mirrored closets, built-in shelving, and sliding-glass door access to back yard. Two further good-sized bedrooms both have mirrored closets, cathedral ceilings, carpeted floors, and sizable windows. The 3 bedrooms, including master, share two full bathrooms. Backyard features, grass, shading trees, and brick patio surrounding pool. Conveniently located near great schools, shops and restaurants, entertainment and recreation.

The manager has listed the unit size as 1770 square feet.
Unit Size
1,770Ft²
Days on Market
-
Land Size
7,078.00 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Aug 5, 2020 Sold to Nisha Dinesh Patel, Paul Malin $1,400,000
Sold to Nisha Dinesh Patel, Paul Malin
Sep 23, 2019 No longer available -
No longer available
Sep 18, 2019 Relisted $765,000
Relisted
Aug 29, 2019 No longer available -
No longer available
Aug 22, 2019 Price Decreased $765,000
↓ $45K (5.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,078
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,906
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 20332
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 20332 LOT/SEC 129

Ownership

  • Current Owner : PATEL NISHA DINESH
  • Current Owner 2: MALIN PAUL
  • Previous Owner : DANING ON OUR OWN LLC
  • Owner Before Previous Owner: ALLEN DAVID SETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139001

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 21-E1
  • Subdivision Tract Number: 20332
  • Parcel: 2255-019-017
  • Lot: 129
  • Municipality: NORTH /S.E. RESEDA
  • Latitude: 34.1741
  • Longitude: -118.506

    Address

  • Full Address: 5700 Ostrom Ave
  • Address - House Number: 5700
  • Address - Street Name: Ostrom
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Encino
  • Carrier Code: C039
  • 4-Digit Zip Code: 1406
  • Zip Code: 91316

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,911
  • Tax Rate Code Area: 00-016

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,411,727
  • High Value: 1,727,104
  • Low Value: 1,096,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,456,560
  • Assessed Land Value: $873,936
  • Assessed Improvements Value: $582,624

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11776575011
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0893603
  • Previous Sale Recording Date: Oct 22, 2019
  • Previous Sale Contract Date: Oct 03, 2019
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 22, 2019
  • Previous Mortgage Loan Amount: $684,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2.5 Baths
2,075 ft²
$433/ft²
$899,000 Jul 26, 2023
-
$650/mo
Condo
2 Beds
2 Baths
1,736 ft²
$420/ft²
$729,000 Apr 27, 2023
-
$745/mo
Condo
2 Beds
2 Baths
1,736 ft²
$412/ft²
$715,000 Jul 5, 2023
-
$745/mo
Condo
2 Beds
2 Baths
1,662 ft²
$523/ft²
$870,000 May 25, 2023
-
$1,400/mo
House
2 Beds
1 Bath
752 ft²
$1,044/ft²
$785,000 Jul 31, 2023
-
-
Townhouse
2 Beds
2 Baths
1,591 ft²
$556/ft²
$885,000 Jun 14, 2023
-
$1,400/mo
Condo
2 Beds
2.5 Baths
2,113 ft²
$367/ft²
$775,000 Jun 27, 2023
-
$697/mo
Condo
2 Beds
2 Baths
1,459 ft²
$445/ft²
$649,000 Apr 5, 2023
-
$494/mo

About South Valley


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Frequently Asked Questions

When was property at 5700 Ostrom Avenue built and last sold?
The property at 5700 Ostrom Avenue was built in 1955 and last sold on Jul 24, 2020 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 5700 Ostrom Avenue is $847,529.
What are some comparable homes to 5700 Ostrom Avenue?
There are currently no comparable homes to 5700 Ostrom Avenue.

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