tomo logo

$2,399,000

Beds
4
Baths
3.75
sq ft
3,833

5533 Allott Ave, Sherman Oaks, CA 91401

5533 Allott Ave

Sherman Oaks, CA 91401

  • 57 days on market
    • Price drop $51,000↓
    • Open house Nov 09
Welcome to this luxurious compound in the exclusive Chandler Estates. A former builders home with extensive upgrades, it comprises a main 3 bedroom, 3 bath residence, a guesthouse with its own bath and a separate building perfect for an office or a gym. The quality of the home is immediately evident when you enter and you'll find that all the buildings flow seamlessly into the entertainer's backyard. In the backyard there is a heated saltwater pool, spa, a shaded Viking BBQ area which sets the stage for alfresco dining and lounging areas to relax or enjoy the sun. Inside the main residence is a grand family room which impresses with beamed timber ceilings, stone accents and a statement fireplace. The upstairs primary suite offers a large walk-in closet, a balcony with stunning sunset view and access to a second large bedroom and bathroom. High-end finishes and elegant details, such as custom trims, crown moldings, and wainscoting grace the interiors. Recent updates feature a new roof, a state-of-the-art solar power system with battery backup, and an EV-ready setup, complete with an RV hook-up. The guest house includes a kitchenette, full bathroom, and laundry hookups, offering versatile living space, while the detached office/gym is climate-controlled and large. Situated close to Sherman Oaks' top restaurants and shops, this property is the ultimate retreat for those seeking a blend of luxury and convenience.

Details

Property type

Single Family Residence

Est. home value

$2,270,651

Lot size

9,209 sq ft

Price per sq ft

$626

Year built

1949

HOA

No

Price History

11/07/2024
CLAW

CLAW #24429699

Price change
$2,399,000
-2.08%
09/12/2024
CLAW

CLAW #24429699

Listed
$2,450,000
-1.8%
03/23/2023
CRMLS

CRMLS #SR22217466

Sold
$2,495,000
+66.44%

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$230,346
Asking price
$2,399,000
Closing costs (~8% of asking)
-$191,920
Est. remaining loan balance
-$1,976,734
Cash to seller
$230,346

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

March 2023

Original loan amount

$1,996,000

Est. remaining balance

$1,976,734

Interest rate

6.33%

Loan type

New Conventional, 40 year

Seller

Daniel D Bakkedahl and Irene Bakkedahl

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?

Similar Homes Nearby

CLAW
$2,295,000
4 bd
|
3.5 ba
|
2,550 sq ft
|
House

14537 Hesby St, Sherman Oaks, CA 91403

CRMLS
$2,299,000
4 bd
|
4 ba
|
3,079 sq ft
|
House

5132 Vesper Ave, Sherman Oaks, CA 91403

CRMLS
$2,639,000
4 bd
|
4.25 ba
|
2,755 sq ft
|
House

5300 Teesdale Ave, Valley Village, CA 91607

Status: Active

Tomo last checked: 11/08/2024 at 1:55 PM

Listing updated: 11/07/2024 at 3:55 PM

Listed by: Thomas Davila, Compass Phone #: (310) 230-5478

MLS: CLAW #24429699

CLAW logo

Recently listed in Sherman Oaks

$1,475,000|3 bd|3.0 ba|House
$2,750,000|3 bd|4.0 ba|House
$1,449,000|3 bd|2.5 ba|House
$1,350,000|3 bd|2.0 ba|House
$3,150,000|4 bd|3.0 ba|House
$1,200,000|3 bd|2.0 ba|House
$1,175,000|2 bd|1.5 ba|House
$2,299,999|4 bd|3.0 ba|House