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5917 Reseda Boulevard

5917 Reseda Boulevard, Tarzana, CA 91356
Property in Tarzana
Sold Feb 26, 2020
$15,100,000
$8,515,000 by Jll Real Estate Capital Llc
Mortgage Due Dec 01, 2032
Sold Sep 15, 2016
$11,000,000
$7,700,000 by Jpmorgan Chase Bank Na
Mortgage
Local assessors in Tarzana, CA have categorized 5917 Reseda Boulevard as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 63,381 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 22 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 74 full bathrooms. There are also 74 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5917 Reseda Boulevard has a total of 47,490 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on central air conditioning for their cooling system. The property was last sold in Feb 25, 2020 for $15,100,000. That's $317.96 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2016 for $11,000,000. 5917 Reseda Boulevard was last assessed in 2023. The total value of the property was assessed at $15,954,638. Specifically, the land the property is located on was valued at $5,781,481. While improvements on the property were assessed at a total of $10,173,157. 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 $189,034. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 2
  • Bedroom Count: 22
  • Bathroom Count: 74
  • Full Bathrooms: 74
  • Partial Bathrooms: 74
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 48
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 63,381
  • Total Building Area: 47,490
  • Gross Building Area: 46,548
  • Building Area: 47,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 47,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21344
  • Land Acres: 1.455
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TRACT NO 21344 LOT/SEC 1

Ownership

  • Current Owner : BLVD APARTMENTS LLC
  • Previous Owner : LION TARZANA LLC
  • Owner Before Previous Owner: MILLER ROBERT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 139302

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 14-C6
  • Subdivision Tract Number: 21344
  • Parcel: 2156-025-021
  • Lot: 1
  • Municipality: NORTH /RESEDA RES INC
  • Latitude: 34.1778
  • Longitude: -118.537

    Address

  • Full Address: 5917 Reseda Blvd
  • Address - House Number: 5917
  • Address - Street Name: Reseda
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Tarzana
  • Carrier Code: C007
  • 4-Digit Zip Code: 1887
  • Zip Code: 91356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $189,034
  • Tax Rate Code Area: 00-016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,515,000
  • First Open Lien Mortgage Lender: JLL REAL ESTATE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Nov 23, 2022
  • First Open Lien Mortgage Loan Amount: $8,515,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,954,638
  • Assessed Land Value: $5,781,481
  • Assessed Improvements Value: $10,173,157

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11738325168
  • Current Sale Price: $15,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0227632
  • Previous Sale Recording Date: Sep 15, 2016
  • Previous Sale Contract Date: Aug 16, 2016
  • Previous Sale Amount: $11,000,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 15, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $7,700,000
  • Previous Mortgage Loan Type: Commercial

About South Valley



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Frequently Asked Questions

What neighborhood is 5917 Reseda Boulevard located in?
The 5917 Reseda Boulevard is a located in the neighborhood of Tarzana in South Valley, Tarzana.
What is the average sales price for listings in 5917 Reseda Boulevard?
The average sales price for units in 5917 Reseda Boulevard is $0 currently.

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