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$1,695,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
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Welcome to 5551 Mammoth Ave, an incredible investment opportunity nestled on a sunny corner lot near the highly desirable neighborhood of Sherman Oaks. This well-maintained five-unit apartment building exudes classic Southern California charm while featuring modern updates throughout.The property includes four garage spaces for ample parking and storage, along with a spacious yard beautifully landscaped with lush flora, creating a serene outdoor retreat.With stable rental income, low vacancy rates, and strong growth potential, this turnkey property is ideal for investors seeking long-term appreciation in a prime Los Angeles location. Whether you're looking to live in one unit and rent out the others or to expand your investment portfolio, 5551 Mammoth Ave has it all.

Full Property Details for 5551 Mammoth Ave

General

  • Price: $1,695,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-430555
  • Updated: 9/24/2024
  • Added to Site: 120 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: Community

Additional Information

  • Other Features: None

Parking

  • Garage Description: Garage Is Detached

Location

  • Area: Sherman Oaks
  • County: Los Angeles
  • Driving Directions: 405 to Burbank to Mammoth

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 4,243
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1947
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1935
  • Lot Size: 8431
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $399.48
  • Insurance Fee: $3,913
  • Assessment Year: 1947

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 2247-002-007

Listed by Douglas Elliman of California, Inc., Erin Moore and Douglas Elliman of California, Inc., Barry Moore

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Listing agents

— 5551 Mammoth Ave —

  • Erin Moore

    Douglas Elliman of California, Inc.

  • Barry Moore

    Douglas Elliman of California, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5551 Mammoth Ave

School District:Los Angeles Unified School District
RatingNameGradesDistance
7
Chandler Elementary
14030 Weddington St, Van Nuys, CA 91401
K-50.5 mi
5
Louis Armstrong Middle School
5041 Sunnyslope Ave, Sherman Oaks, CA 91423
6-80.7 mi
6
Ulysses S Grant Senior High School
13000 Oxnard St, Valley Glen, CA 91401
9-121 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5551 Mammoth Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/24/2024
Price Reduced
$1,695,000
-15.23%
MLS
8/24/2024
Listed
$1,999,500
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5551 Mammoth Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,952
5%
$832,287
2%
2022
$10,472
1%
$816,001
2%
2021
$10,331
-1%
$800,034
1%
2020
$10,426
4%
$791,848
2%
2019
$10,040
1%
$774,705
2%
2018
$9,933
3%
$759,516
2%
2017
$9,683
3%
$744,625
2%
2016
$9,437
1%
$730,025
2%
2015
$9,307
-1%
$719,060
2%
2014
$9,366
—
$704,976
—
2013
$9,357
—
$701,791
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5551 Mammoth Ave

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Douglas Elliman of California, Inc., Erin Moore and Douglas Elliman of California, Inc., Barry Moore

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5551 Mammoth Ave, Sherman Oaks, CA 91401 (MLS# 24-430555) is a Multi-Family property with units containing 9 bedrooms and 0 full bathrooms. 5551 Mammoth Ave is currently listed for $1,695,000 and was received on August 24, 2024. Want to learn more about 5551 Mammoth Ave? Do you have questions about finding other Multi-Family real estate for sale in Sherman Oaks? You can browse all Sherman Oaks real estate or contact a Coldwell Banker agent to request more information.

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