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$1,250,000

Beds
4
Baths
2.5
sq ft
1,790

5423 Shoup Ave, Woodland Hills, CA 91367

5423 Shoup Ave

Woodland Hills, CA 91367

  • 37 days on market
Nestled in the heart of Woodland Hills-Warner Center, this charming single-family detached home at 5423 Shoup Ave combines classic mid-century design with modern comforts. Built in 1955, the beautifully maintained property features 3 bedrooms and 2 bathrooms with 1,430 sq ft plus a 369 sq ft permitted ADU. A freshly painted interior welcomes you with a light and bright atmosphere. The spacious living room opens to a large new deck through sliding windows, perfect for morning coffee and gatherings, enhancing the indoor-outdoor California lifestyle. Adjacent to the living room is a cozy office space. The functional and stylish kitchen offers ample cabinet space and is conveniently near the dining area, making entertaining a breeze. Each of the three bedrooms provides comfortable and private spaces for rest, while the two bathrooms are tastefully designed, adding elegance to daily routines. The backyard is a true oasis, featuring newly installed synthetic turf and mature fruit trees for low maintenance and water conservation. The generous yard also offers potential for future additions, including an ADU (Accessory Dwelling Unit), enhancing the property’s versatility. The garage has been thoughtfully converted into a 369 sq ft ADU with permit, completed in July 2023. This space can accommodate additional needs or serve as an additional income source. Equipped with solar panels at $99 monthly (transferred to the new owner), this eco-friendly feature contributes to sustainability and helps reduce utility costs. A new roof, installed in May 2023, adds to the home’s structural integrity and aesthetic appeal. The home is located in the vibrant Woodland Hills-Warner Center neighborhood and benefits from a prime location. It is just minutes from major shopping malls, including the Calabasas Commons and Malibu, providing a wide range of dining, shopping, and entertainment options. The neighborhood is known for its excellent schools, parks, and community amenities, making it a highly sought-after area. Enjoy the perfect blend of comfort, style, and convenience in this delightful Woodland Hills-Warner Center home.

Details

Property type

Single Family Residence

Est. home value

$939,325

Property condition

Updated/Remodeled

Lot size

7,008 sq ft

Price per sq ft

$699

Year built

1955

Price History

05/25/2024
CRMLS

CRMLS #SB24103271

Listed
$1,250,000
+21.95%
10/16/2023
CRMLS

CRMLS #SR23143045

Sold
$1,025,000

Schools & Community

Neighborhood: 

Woodland Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Los Angeles Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$539,846
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$610,154
Cash to seller
$539,846

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$615,000

Est. remaining balance

$610,154

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Peter Sologoub and Natalya Migranova

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 10:15 AM

Listing updated: 06/15/2024 at 2:33 PM

Listed by: Diana Rose DuPre, DuPre Real Estate Phone #: (818) 442-2216

MLS: CRMLS #SB24103271

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