13 days on rocket

5540 Sylmar Ave Unit 5, Sherman Oaks, CA, 91401

$599,000

Home List Price

$7,113*

Closing Credit

2 Bedrooms
2 Full Baths
1,271 SqFt
$471/SqFt
Condo
Schools Nearby

Location

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5540 Sylmar Ave Unit 5, Los Angeles$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached Carport, Assigned, Covered, Electric Gate, Gated, Tandem
Attached Garage2 spaces
Year Built1982
HeatingCentral
CoolingCentral Air
FireplaceFamily Room, Gas
ViewNone
MLS #SR24089918
Lot Size0.89 Acres
StatusActive

About 5540 Sylmar Ave Unit 5

Welcome to 5540 Sylmar Ave #5, a recently renovated, move in ready 2bed/2bath specious condominium located in a prime Sherman Oaks neighborhood! The unit boasts a newer kitchen with modern cabinets, stainless-steel appliances and quartz counter tops. Also, there are 2 modern, recently remodeled bathrooms with new sinks, quartz countertops, showers, and toilets. The unit also offers a newer HVAC system, dual pane sliding doors, and dual pane windows. Master suite offers a large walk-in closet, private bathroom with a double vanity set, and an enclosed shower. Both bedrooms are spacious and come with custom blinds. Additional amenities are a community sparkling pool, well maintained grounds, private entrance, and two subterranean parking spaces. The interior of this luxurious unit offers high ceilings, formal dining area, newer hardwood floors, recessed lighting throughout, and a large entertainer’s private balcony. The hallway features an in-unit laundry hookup and a linen closet. This unit also has its own designated storage room. HOA includes water, trash and groundskeeping. The unit is conveniently located near both 101 and 405 freeways and is at close proximity to major shopping Centers, such as Sherman Oaks Galleria, Ralph’s grocery and restaurants on Ventura Boulevard!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1982
  • Stories: 2
  • Living Area: 1,271 SqFt

Listing Office:

  • Office Name: SoCal Real Estate Services
  • Office Phone: (818) 368-8778
  • Listing Agent: Nubar Garibyan

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Gas Range
  • Flooring Type: Laminate, Tile
  • Interior: Balcony, High Ceilings, Quartz Counters, Bedroom on Main Level, Main Level Primary
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Assigned, Covered, Electric Gate, Gated, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Van Nuys Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Van Nuys Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Chandler Learning Academy, Public Charter Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: South of Burbank, East of Van Nuys Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $471/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5540 Sylmar Ave Unit 5 vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$599,000

-$387.4K Less

$471/SqFt

-$161 Less

KEY TAKEAWAY

This property is $387.4K less than the Median Sold Price and $161/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24089918

Listing Office:

  • Office Name: SoCal Real Estate Services
  • Office Phone: (818) 368-8778
  • Listing Agent: Nubar Garibyan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 3:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,457

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3630104
7
/10
  • Chandler Learning Academy

  • 14030 Weddington St

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-3630105
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.34 miles

  • Public Magnet Grades KG-6

school-card-donut-3630106
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 11.51 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3630107
5
/10
  • Van Nuys Middle School

  • 5435 Vesper Ave

  • 0.39 miles

  • Public Magnet Grades 6-8

school-card-donut-3630108
4
/10
  • Studio

  • 2211 W Avenue 30

  • 12.85 miles

  • Public District Grades 6-8

High School

school-card-donut-3630109
7
/10
  • Van Nuys Senior High School

  • 6535 Cedros Ave

  • 1.32 miles

  • Public Magnet Grades 9-12

school-card-donut-3630110
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.47 miles

  • Public Magnet Grades 9-12

school-card-donut-3630111
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 16.29 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,591. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5540 Sylmar Ave Unit 5

What is the listing price of this property?

The listing price of 5540 Sylmar Ave Unit 5 property is $599,000.

What type of property is this?

The property 5540 Sylmar Ave Unit 5 is a condo located in Sherman Oaks, California, 91401.

Is this property for sale now?

Active Listing: 5540 Sylmar Ave Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5540 Sylmar Ave Unit 5 are:
Chandler Learning Academy: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Van Nuys Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Van Nuys Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 5540 Sylmar Ave Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5540 Sylmar Ave Unit 5 is 1,271 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5540 Sylmar Ave Unit 5 is 1982.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles914015540 Sylmar Ave Unit 5

This home is located at 5540 Sylmar Ave Unit 5 in Sherman Oaks, CA and zip code 91401 in the The San Fernando Valley neighborhood. This 1,271 square foot home, which was built in 1982, sits on a 0.89 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 05, 2024 and is currently priced at $599,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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