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Off market
  • $2,044,500

    5922 Melvin Ave, Tarzana, CA 91356

    3beds
    3,111sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $2,044,500 Zestimate®
    $657/sqft
    $3,947 Estimated rent

    Home value

    $2,044,500

    $1.84M - $2.29M

    $3,947/mo

    Zestimate® history
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    $3,947/mo

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    $13,118/mo

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    $13,118/mo

    Est. payment

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    What's special

    RARE opportunity to own TWO single-story homes on one flat half-acre parcel in the coveted Melody Acres neighborhood of Tarzana. Situated behind a private gate, this unique property offers TWO custom built homes as follows: the front house consists of 3 bedrooms, 3.5 baths with 3,111 square feet and the back house has 2 bedrooms, 2 baths with approximately 2,000 square feet. There is a third room with a separate entrance over the detached two-car garage plus a .75 bath. The authentic patina of the front Hacienda-style home is reminiscent of another era with a private courtyard, fountain and multiple French doors bringing lots of natural light inside. Upon entering the expansive open floor plan, you will experience the vaulted beamed natural wood ceiling and large chef's open kitchen with center island that has bar seating. Included is a Viking gas cooktop, Jenn-air oven, convection oven, microwave and built-in subzero refrigerator, granite and quartz countertops, farmhouse sink, skylight and window overlooking the huge covered patio. Inside, the dining area has a massive wall of cabinets with a built-in buffet which is perfect for large scale entertaining or holidays with family and friends. The kitchen area opens onto a large family room with arched wood-burning fireplace and raised hearth. Adjacent to the family room is a spacious wetbar plus refrigerator and wine/coffee nook. The formal living room has wood floors and French doors opening onto the courtyard. The master suite has dual walk-in closets and enormouse spa-like bathroom with dual vanities and separate shower/tub. All bedrooms have ensuite baths. The back house was custom designed and built to accomodate aging parents and all door openings were made wide enough to accomodate a wheel chair. The back house consists of approximately 2,000 square feet with a large master suite and second bedroom suite. There is a north/south pickle ball/sports court fully fenced and lighted at the rear of the property. Tremendous private yard and tranquil outdoor setting with pool/spa, fountains and citrus trees. Newer dual HVAC system on front house and furnace on the back house. New electric front motor gate. Smart home features....Conveniently located near The Village, Warner Center, trendy restaurants, Topanga shopping malls, 101 freeway and Universal Studios...And with the high price of eggs, who wouldn't also love their own chicken coop too?...Country living with all the conveniences of the city....A rare chance and incredible value that demands attention!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Features
    • Fireplace features: Raised Hearth
    Interior area
    • Total interior livable area: 3,111 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Entry location: Ground Level - No Steps
    Lot
    • Size: 0.5 Acres
    Details
    • Additional structures: Guest House/Casita
    • Parcel number: 2153027014

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Tarzana

    Financial & listing details

    • Price per square foot: $657/sqft
    • Tax assessed value: $1,961,153
    • Annual tax amount: $23,962

    Price history

    DateEventPrice
    3/10/2023Sold$1,885,000-4.6%$606/sqft
    Source: CSMAOR #223000347 Report a problem
    3/2/2023Pending sale$1,975,000$635/sqft
    Source: CRMLS #223000348 Report a problem
    2/14/2023Contingent$1,975,000$635/sqft
    Source: CSMAOR #223000347 Report a problem
    2/1/2023Listed for sale$1,975,000+218.5%$635/sqft
    Source: CRMLS #223000348 Report a problem
    1/9/2001Sold$620,000$199/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,962 +1.1%$1,961,153 +2%
    2024$23,706 +83.7%$1,922,700 +86.7%
    2023$12,905 +4.8%$1,029,680 +2%
    2022$12,316 +1.3%$1,009,491 +2%
    2021$12,157 -1%$989,698 +1%
    2020$12,275 $979,551 +2%
    2019$12,275 +6.5%$960,345 +2%
    2018$11,522 $941,516 +2%
    2017$11,522 +2.2%$923,056 +2%
    2016$11,270 +2.5%$904,957 +1.5%
    2015$10,997 +1.1%$891,365 +2%
    2014$10,878 $873,906 +2.5%
    2012-- $852,900 +2%
    2011-- $836,177 +0.8%
    2010-- $829,928 -0.2%
    2009-- $831,900 +2%
    2008-- $815,589 +2%
    2007-- $799,598 +2%
    2006-- $783,920
    2005-- $783,920 +4%
    2004-- $753,481 +1.9%
    2003-- $739,672 +7.3%
    2002-- $689,100 +44.2%
    2000-- $477,983
    Find assessor info on the county website

    Neighborhood: Tarzana

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,044,500
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    Estimated market value
    $2,044,500