5511 Ethel Ave, Sherman Oaks, CA 91401
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5511 Ethel Ave Sherman Oaks, CA 91401

$3,600,000 Sold Price as of 02/15/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$3,600,000 Sold Price as of 02/15/2023 Refinance Your Mortgage

Map preview of 5511 Ethel Ave, Sherman Oaks, CA 91401

Property Overview: 5511 Ethel Ave Sherman Oaks, CA has -- bedrooms, -- bathrooms, -- living square feet and 41,675 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED. Just under one acre of R1 zoned land. Ready for development.

Listed by Dana Raffle | BRE #01361833 | RPM Realty, Inc.
Last checked: 12 minutes ago | Last updated: February 16th, 2023 | Source CRMLS | DOM: 132

Home details

Lot Sq. Ft
41,675
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
22196443
City
Sherman Oaks
County
Los Angeles
Time on Site
593 days

Property Details for 5511 Ethel Ave

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 2345005016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Burbank Blvd to Ethel go South
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Sale History for 5511 Ethel Ave

Last sold for $3,600,000 on February 15th, 2023
  • February, 2023

  • Feb 15, 2023

    Date

    Sold

    CRMLS: 22196443

    $3,600,000

    Price

  • Sep 2, 2022

    Date

    Active

    CRMLS: 22196443

    $5,000,000

    Price

  • December, 2019

  • Dec 27, 2019

    Date

    Sold

    CRMLS: SR19272021

    $3,325,000

    Price

  • Dec 14, 2019

    Date

    Active Under Contract

    CRMLS: SR19272021

    $3,000,000

    Price

  • Nov 26, 2019

    Date

    Active

    CRMLS: SR19272021

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Developers! Sherman Oaks Single Family Home with an AMAZING 41,675 Square foot lot. This property was originally part of The Historic Walker Ranch that has been in the same family since before 1910. It is located in wonderful Sherman Oaks neighborhood close to schools and many restaurants and services. The lot is flat and may be sub-divided or purchased to make a huge family compound. The property is being sold with a current Demolition permit

  • December, 2019

  • Dec 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,325,000

    Price

  • September, 2019

  • Sep 3, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5511 Ethel Ave

Assessed Value (2020): $265,139
Year Land Value Improved Value Assessed Value
2020 $212,232 $52,907 $265,139

Home Value Compared to the Market

This property vs the competition

5511 Ethel Ave sold on February 15, 2023 for 174.37% higher than the current median sold price for the city of Sherman Oaks which is $1,385,000.

About 5511 Ethel Ave

Detailed summary of property

5511 Ethel Ave is a land that recently sold in Sherman Oaks, CA 91401. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 41,675 square foot lot. 5511 Ethel Ave was first listed on ArdentRealEstateGroup.com on September 3, 2022. The homeowner sold the property for $3,600,000. Home in Sherman Oaks are selling for a median price of $1,385,000 and a median price per square foot of $726. Based on Ardent Real Estate Group's Sherman Oaks Market Data, this home is sold 174.37% higher than the current median priced home. Local homes that are currently for sale include 809 N Alvarado St, 900 N Alvarado St and 1517 W 8th St. While the average home in Sherman Oaks, CA is selling in 72 days, 5511 Ethel Ave has a days on market of 132 days. There are currently 233 homes for sale in the Sherman Oaks real estate market and 161 of them are single family homes while 59 of them are condos and 13 are townhomes. For more information on this home for sale at 5511 Ethel Ave Sherman Oaks, CA 91401 contact Ardent Real Estate Group and we will put you in touch with one of our Sherman Oaks agents.

Public Facts for 5511 Ethel Ave

Public county record property details
Beds
3
Baths
1
Year built
1910
Sq. Ft.
1,331
Lot Size
41,675
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
88
APN
2345-005-016

The source for these homes facts are from public records.

91401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$655
Total Inventory
59
Median Sale to List Price %
94.25%
Avg Days on Market
22
Loan Type
Conventional (29.41%), FHA (0%), VA (0%), Cash (17.65%), Other (5.88%)

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Related Resources to 5511 Ethel Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.