masterkey logo
5817 Sylvia Ave
Score
0
Tarzana, CA

5817 Sylvia Ave

1.1M
3 bd • 3 ba • 2,146 sf

This analysis was generated on 2/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$1,080,400

Price/Sq.Ft

$503

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Prime Tarzana Location: Situated in Tarzana, the property benefits from a desirable suburban location with access to amenities, schools, and recreational opportunities. • Spacious Layout: With 3 bedrooms and 3 bathrooms within 2,146 square feet, the property offers ample living space for families or individuals needing extra room. This is on par with the average home size in the area. • Potential for Customization: The lack of specific property features allows buyers to personalize and upgrade the home to their liking, potentially increasing its value. • Strong Median Income: Tarzana's median income of $90,886 indicates a stable and affluent community, which can support property values.

The Bad

• Lack of Property Information: The absence of a property description, room details, and utility information makes it challenging to assess the property's true value and condition. Buyers will need to conduct thorough due diligence. • Unknown Year Built: The unknown year built makes it difficult to assess the property's condition and potential for required maintenance or renovations. • High Price per Square Foot: At $503.45 per square foot, the property is priced above the median for Tarzana, especially considering the lack of listed features. This may indicate overpricing or the need for significant upgrades to justify the cost. • Limited Public Transportation: Public transportation options are limited in Tarzana, making car ownership essential. This can be a drawback for individuals who prefer to rely on public transit.

The Ugly

• Potential for Hidden Issues: The unknown year built and lack of property details raise concerns about potential hidden issues such as outdated plumbing, electrical, or roofing systems, which could lead to costly repairs. • High Cost of Ownership: Even with the median income in the area being relatively high, the price per square foot is above the average, which could be a concern. Ensure you can comfortably afford the total cost of ownership including mortgage, taxes, insurance, and potential maintenance expenses. • Unclear Utility Costs: The lack of utility information makes it difficult to estimate monthly expenses. Obtain utility bills from the seller to accurately assess the cost of ownership. • Wildfire Risk: Tarzana's proximity to the Santa Monica Mountains increases the risk of wildfires, potentially leading to higher insurance premiums and property damage. Conduct a hazard risk assessment.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers seeking a well-located property in Tarzana with potential for customization. The existing 3-bedroom, 3-bathroom layout provides a solid foundation for a family or individuals needing extra space. • Individuals or families prioritizing a suburban feel with access to urban amenities. Tarzana offers a balance between residential tranquility and proximity to the broader Los Angeles area. • Buyers comfortable with potential renovation projects. Given the unknown age of the property and lack of specific features, there's an opportunity to modernize and personalize the home to suit individual tastes. • Investors interested in long-term rental income. With a 3-bedroom rental rate of $3,110 per month in 2023, the property presents a potential income stream, although further due diligence is required to assess market competitiveness.

Not For

• Buyers seeking a modern, move-in-ready home without any need for renovations or updates. The lack of property details suggests potential for necessary improvements. • Individuals or families requiring specific amenities or features, such as a large backyard, swimming pool, or updated kitchen. The absence of listed features may indicate the property lacks these elements. • Buyers with a limited budget who cannot afford potential unexpected repair costs or higher insurance premiums due to fire risk or other factors. • Individuals who heavily rely on public transportation. Tarzana has limited public transportation options, making car ownership essential.
Demographics
Area Median Income

$90,886

Property History

Price History
Ownership Timeline
$0Cash Purchase
Sep 4, 2005
Nikolay YesipovNikolay Yesipov, Larisa Yesipov
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Sep 5, 2003
Larisa YesipovaNikolay Yesipov
Intrafamily Transfer
Non-Arm's Length Transactions
$525,000Cash Purchase
Aug 14, 2003
Ngan Sau WongNikolay Yesipov
Grant Deed
Standard Sale (Purchase/Resales)
$276,500Financed
Apr 29, 1997
D J PropertiesNgan Sau Wong
Grant Deed
Standard Sale (Purchase/Resales)

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Risk Assessment

Risk Analysis

• Unknown Year Built: The lack of information regarding the year built introduces uncertainty about the property's condition and potential for required maintenance or renovations. Older homes may have outdated systems that require costly upgrades. • Fire Risk: Tarzana's proximity to the Santa Monica Mountains increases the risk of wildfires, potentially leading to higher insurance premiums and property damage. Assess the property's fire risk score and implement appropriate mitigation measures. • Limited Property Details: The absence of a property description and room details makes it difficult to assess the property's layout, condition, and suitability for specific needs. A thorough inspection is essential. • Market Fluctuations: The real estate market in Tarzana is subject to fluctuations, which can impact property values. Monitor market trends and consult with a real estate professional to assess the property's investment potential. • Septic System Concerns: Some older homes in Tarzana use septic systems. Confirm if the property uses a septic system and factor in the cost of maintenance, inspections and possible future upgrades.

Price Prediction Challenge

Think you know what 5817 Sylvia Ave will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Schools

Showing top 5 of 34 schools

Kipp Promesa Prep

Charter•Grades K-4
9/10
Elementary
456 students

Canyon Elementary School

Charter•Grades K-5
9/10
Elementary
398 students

Encino Charter Elementary School

Charter•Grades K-5
8/10
Elementary
595 students

Lanai Road Elementary School

Public•Grades K-5
8/10
Elementary
574 students

Palisades Charter High School

Charter•Grades 9-12
8/10
High
2,964 students

Financials

Monthly Costs
Market Rent (3 bed)

$3,110

Get a detailed estimate on Zillow®
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,080,400
Price/sqft
$503
Layout
3 bd•3 ba

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,325,628

18.5%

Your price is 18.5% below average

Median Price

$1,300,000

16.9%

Based on 6 recent sales

Price per Sq.Ft

$638

21.1%

Your price is 21.1% below average $/sqft

Comparable Properties

6245 Jumilla Avenue, Woodland Hills, CA 91367
Price: $1,135,000
Sq.Ft: 2,150
Beds/Baths: 3/3
$/Sq.Ft:
$5284.9%
Sale Date: 11/10/2024
5401 Yolanda Ave, Tarzana, CA 91356
Price: $1,613,000
Sq.Ft: 1,995
Beds/Baths: 4/3
$/Sq.Ft:
$80960.6%
Sale Date: 9/24/2024
6151 Beckford Avenue, Tarzana, CA 91335
Price: $1,095,770
Sq.Ft: 2,062
Beds/Baths: 4/3
$/Sq.Ft:
$5315.6%
Sale Date: 9/6/2024
19343 Friar Street, Tarzana, CA 91335
Price: $1,300,000
Sq.Ft: 1,984
Beds/Baths: 4/3
$/Sq.Ft:
$65530.2%
Sale Date: 9/6/2024
5205 Lubao Avenue, Woodland Hills, CA 91364
Price: $1,850,000
Sq.Ft: 2,471
Beds/Baths: 3/3
$/Sq.Ft:
$74948.7%
Sale Date: 8/23/2024
6555 Bothwell Road, Reseda, CA 91335
Price: $960,000
Sq.Ft: 1,724
Beds/Baths: 3/2
$/Sq.Ft:
$55710.6%
Sale Date: 11/25/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings
$32,412
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

26516 Sheldon Ave
Santa Clarita, CA
75 pts

26516 Sheldon Ave

$1.1M
3
3
2,996
View Analysis
155 S Alvarado St
Los Angeles, CA
0 pts

155 S Alvarado St

$1.2M
8
4
5,440
View Analysis
1374 Homestead Ave
Walnut Creek, CA
0 pts

1374 Homestead Ave

$1.3M
4
3
3,423
View Analysis
View All Properties