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5814 Reseda Boulevard

5814 Reseda Boulevard, Tarzana, CA 91356
Property in Tarzana
Refi Jun 30, 2015
Transfer
$7,315,000 by Oak Grove Commercial Mortgage
Mortgage
5814 Reseda Boulevard has been categorized by the local assessors in Tarzana, CA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 11 bedrooms. Residents will have access to 11 full bathrooms. There are 11 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5814 Reseda Boulevard has 76,385 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 82,894 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. 5814 Reseda Boulevard was last assessed in 2023. The total value of the property was assessed at $7,389,239. Specifically, the land the property is located on was valued at $1,792,321. While improvements on the property were assessed at a total of $5,596,918. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $96,363. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 11
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 87
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 82,894
  • Total Building Area: 76,385
  • Gross Building Area: 76,385
  • Building Area: 76,385
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 76,385
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 30992
  • Land Acres: 1.903
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: *TR=30992*(EX OF ALLEY) LOT/SEC 1

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139401

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 14-C6
  • Subdivision Tract Number: 30992
  • Parcel: 2157-005-001
  • Lot: 1
  • Municipality: NORTH /RESEDA RES INC
  • Latitude: 34.1768
  • Longitude: -118.536

    Address

  • Full Address: 5814 Reseda Blvd
  • Address - House Number: 5814
  • Address - Street Name: Reseda
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Tarzana
  • Zip Code: 91356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $96,363
  • Tax Rate Code Area: 00-016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,315,000
  • First Open Lien Mortgage Lender: OAK GROVE COMMERCIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 30, 2015
  • First Open Lien Mortgage Loan Amount: $7,315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,389,239
  • Assessed Land Value: $1,792,321
  • Assessed Improvements Value: $5,596,918

About South Valley



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Frequently Asked Questions

What neighborhood is 5814 Reseda Boulevard located in?
The 5814 Reseda Boulevard is a located in the neighborhood of Tarzana in South Valley, Tarzana.
What is the average sales price for listings in 5814 Reseda Boulevard?
The average sales price for units in 5814 Reseda Boulevard is $0 currently.

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