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Backup Offers

5934 Murietta Ave, Van Nuys, CA, 91401

$1,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,097 SqFt
$1,048/SqFt
House

Location

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5934 Murietta Ave, Los Angeles$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1948
FireplaceNone
ViewCity Lights
MLS #24412013
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5934 Murietta Ave

We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five (35) affordable apartment units. There is a 3-bedroom + 1.5-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. This is a high-demand rental location within close proximity to the Van Nuys Courthouse, restaurants, shops, and Valley college. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,097 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: 5934 Murietta Ave | Van Nuys, 91401

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $1,048/SqFt

Tax Information:

  • Annual Amount: $6,908
  • 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

1346

5934 Murietta Ave vs Los Angeles

167 DAYS ON ROCKET

+129 Days

$1,150,000

+$128.4K More

$1,048/SqFt

+$408 More

KEY TAKEAWAY

This property is $128.4K more than the Median Sold Price and $408/SqFt more 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: #24412013

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

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: 12/22/2024, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 18, 2012Home Sold
$320,500
Aug 27, 2003Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,908$566,504
2020$6,702$560,696
2019$6,601$664,020
2018$6,456$538,926
2017$6,456$528,360

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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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-1101871
5
/10

  • Van Nuys Elementary School

  • 6464 Sylmar Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-1101872
7
/10

  • Chandler Learning Academy

  • 14030 Weddington St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-1101873
6
/10

  • Erwin Elementary

  • 13400 Erwin St

  • 0.86 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,604. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5934 Murietta Ave

What is the listing price of this property?

The listing price of 5934 Murietta Ave property is $1,150,000.

What type of property is this?

The property 5934 Murietta Ave is a house located in Van Nuys, California, 91401.

Is this property for sale now?

Accepting Backup Offers: 5934 Murietta Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,908 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 18, 2012 for $320,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5934 Murietta Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5934 Murietta Ave is 1,097 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5934 Murietta Ave is 1948.

Rocket Homes›California›Los Angeles County›Los Angeles›91401›5934 Murietta Ave

This home is located at 5934 Murietta Ave in Van Nuys, CA and zip code 91401 in the The San Fernando Valley neighborhood. This 1,097 square foot home, which was built in 1948, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $1,150,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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