2 months on rocket

5551 Mammoth Ave, Sherman Oaks, CA, 91401

$1,695,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Baths
4,243 SqFt
$399/SqFt
House

Location

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5551 Mammoth Ave, Los Angeles$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1947
HeatingWall Furnace
MLS #24430555
Lot Size0.19 Acres
StatusActive

About 5551 Mammoth Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2
  • Living Area: 4,243 SqFt

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (424) 203-1800
  • Listing Agent: Erin Moore

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: 405 to Burbank to Mammoth

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $399/SqFt

Tax Information:

  • Annual Amount: $10,331
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5551 Mammoth Ave vs Los Angeles

88 DAYS ON ROCKET

+50 Days

$1,695,000

+$671.5K More

$399/SqFt

-$242 Less

KEY TAKEAWAY

This property is $671.5K more than the Median Sold Price and $242/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: #24430555

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (424) 203-1800
  • Listing Agent: Erin Moore

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: 11/22/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,331$800,034
2020$10,040$790,198
2019$9,933$774,705
2018$9,683$759,516
2017$9,683$744,625

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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.

Nearby Schools

school-card-donut-709524
7
/10

  • Chandler Learning Academy

  • 14030 Weddington St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-709525
6
/10

  • Erwin Elementary

  • 13400 Erwin St

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-709526
6
/10

  • Riverside Drive Charter

  • 13061 Riverside Dr

  • 1.28 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,556. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5551 Mammoth Ave

What is the listing price of this property?

The listing price of 5551 Mammoth Ave property is $1,695,000.

What type of property is this?

The property 5551 Mammoth Ave is a house located in Sherman Oaks, California, 91401.

Is this property for sale now?

Active Listing: 5551 Mammoth Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,331 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5551 Mammoth Ave has 9 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 5551 Mammoth Ave is 4,243 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5551 Mammoth Ave is 1947.

Rocket Homes›California›Los Angeles County›Los Angeles›91401›5551 Mammoth Ave

This home is located at 5551 Mammoth Ave in Sherman Oaks, CA and zip code 91401 in the The San Fernando Valley neighborhood. This 4,243 square foot home, which was built in 1947, sits on a 0.19 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 26, 2024 and is currently priced at $1,695,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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