5653 Hazeltine Avenue

Sherman Oaks, CA 91401

$2,999,000
Price
11
Beds
10.5
Baths
7,711 Sq. Ft.
$389 / Sq. Ft.
7,711
Sq. Ft.
$389
per Sq. Ft.

Description

Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes,...Welcome to your dream investment! These spectacular 2023 new construction buildings at 5653 & 5655 Hazeltine offer the perfect blend of luxury and income potential. Located in the highly sought-after Sherman Oaks area, each unit boasts over 2,500 sqft of modern living space with breathtaking views from expansive rooftop decks! Step inside and be captivated by the elegant hardwood floors and top-of-the-line upgrades. The spacious kitchens feature stunning quartz countertops, stylish tiled backsplashes, and sleek stainless steel appliances perfect for culinary adventures or entertaining guests. With tankless water heaters, in-unit laundry, and a 2-car side-by-side garage with direct access, these units redefine convenience and comfort. But that's not all! You're just 5 minutes away from Ventura Boulevard, home to trendy restaurants like Taisho, The Blvd, and Le Petit Trois. Plus, with easy access to freeways and shopping centers, everything you need is right at your fingertips! Don't miss out on this incredible opportunity to own one or both of these luxurious units! Priced at $2,999,000 each or $5,980,000 together, this is more than just a property it's a chance to secure passive income in one of Los Angeles' most desirable neighborhoods. Seize this opportunity and make these stunning homes yours today!
  1. Listed by Emil Hartoonian • DRE #01796925 • Brokerage DRE #01738973 • The Agency
  2. Listed by Stephany Delgado Ramirez • DRE #02003810 • The Agency

Property Details for 5653 Hazeltine Avenue

Water Front
None
Zoning
LARD1.5
Style
Modern
Parcel Number
2245027023
Total Units
3.0
Living Area
7711
Source Living Area
Assessor
Area
Sherman Oaks (SO)
LISTING UPDATED: 10/19/2024 12:01 AM

Property Details for 5653 Hazeltine Avenue

StatusActive
MLS #24-452099
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.12 AC / 5,294 SF
CountyLos Angeles County

Building Information for 5653 Hazeltine Avenue

Stories3Residences-Year Built2023Building Size-Lot Size0.12 AC / 5,294 SF

Property Information for 5653 Hazeltine Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Multi Level
  • View: Yes
  • View Description: City, City Lights
  • View: City Lights
  • Security Features: Gated
  • Property Condition: New Construction
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Tankless
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $202,680
  • Net Operating Income: $194,423.00
  • Gross Income: $202,680
  • Gross Rent Multiplier: $14.70
  • Owner Pays: Electricity, Water
  • Total Annual Expense: 8255
  • Water Expense: $1,372.00
  • Electric Expense: $1,372.00
  • Other Expense: $1,530.00
  • Gardener Expense: $450
  • Insurance Expense: $2,661
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.1215
  • Lot Size Square Feet: 5294
  • Lot Size Dimensions: 50x106
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Description: Fenced
  • Lot Location: City, Alley Access, Corner Lot
Parking Details
Parking Details
  • Parking Garage: Attached, Garage Is Attached, Garage, Garage - 2 Car, Gated
  • Total Parking: 6
  • Covered Parking: 6
  • Garage Spaces Total: 6
  • Parking Features: Garage, Garage - Two Door, Gated
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Multi/Split
  • Fireplace Features: Kitchen, Bath, Living Room, Primary Bedroom
  • Fireplace Rooms: Kitchen, Bath, Living Room, Primary Bedroom
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Microwave, Garbage Disposal, Freezer, Dryer, Dishwasher, Washer, Refrigerator, Range/Oven
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Counter Top, Granite Counters
  • Room Bathroom Features: Tile Counters
  • Bathroom Features: Tile
  • Bedroom Features: Primary Suite, All Bedrooms Down
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Patio Features: Roof Top Deck
  • Entry Location: Ground Level w/steps
  • Windows: Screens, Double Pane Windows
  • New Construction: Yes
  • Construction Materials: Concrete
  • Exterior Construction: Concrete, Hard Coat
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-12-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,950.00
  • Unit Actual Rent: $5,950.00
  • Unit Projected Rent: $5,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,450.00
  • Unit Actual Rent: $5,450.00
  • Unit Projected Rent: $5,450.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,490.00
  • Unit Actual Rent: $5,490.00
  • Unit Projected Rent: $5,490.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $643,844.00
  • Assessed Improvement Percent: 47.06
  • Assessed Land Value: $724,261.00
  • Assessed Land Percent: 52.94
  • Assessed Total Value: $1,368,105.00

Property History for 5653 Hazeltine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5653 Hazeltine Avenue

Taxable ValueLand$738,746Additions$656,720Total$1,395,466
Tax Record2024$16,825 ($1,402 / month)
Home Facts
Beds2Total Finished SqFt860 SqFtAbove Grade Finished SqFt860 SqFtStories1Lot Size5,294 SqFtStyleSingle Family ResidenceYear Built1941ZoningLARD1.5CountyLOS ANGELESAPN2245-027-023

Schools near 5653 Hazeltine Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Chandler Elementary
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

High Tech LA Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5653 Hazeltine Avenue is a multi-family home for sale in Sherman Oaks, CA 91401. This property was listed for sale on October 11, 2024 by The Agency, it's currently listed at $2,999,000. It has been on the market for a total of 72 days and was last sold on September 13, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Chandler Elementary, Van Nuys Middle School and Van Nuys Senior High School. 5653 Hazeltine Avenue is a 11-bed, 10.5-bath, 7,711 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Emil Hartoonian, DRE #01796925; The Agency, Stephany Delgado Ramirez, DRE #02003810

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.