4908 Calvin Avenue, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 4 bath
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4908 Calvin Avenue
Tarzana, California 91356
ACTIVE
CONDITION: GOOD
5Beds
4Baths
3,334Sq Ft
15,352Lot Size
Property Price
LIST PRICE$1,699,999
EST. MARKET VALUE
$1,898,442
10% BelowMARKET VALUE
SUMMARY
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $1,699,999—positioned well below the $1,898,442 Fair Market Value by 10%. This valuation gap offers $198,443 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Resort-Style Backyard with a Pool, Spa, and Sport Court. While local school ratings vary, the expansive 15,352 sq ft lot offers significant development potential. This is an ideal acquisition for Owner-Occupants seeking lifestyle amenities or Value-Add Investors.
Estimated Market Value
$1,898,442+$198,443 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Tarzana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4908 Calvin Avenue Subject | $1,699,999* List Price | 5 | 4 | 3,334 | $569 | - |
A 5150 Donna Avenue Sold | $2,120,000 | 5 | 4 | 4,029 | $526 | 0.8 mi |
B 5430 Corbin Avenue Sold | $1,755,000 | 3 | 2 | 2,776 | $632 | 0.6 mi |
C 4807 Ellenita Avenue Active | $1,699,900 List Price | 5 | 4 | 3,406 | $499 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1963, the home has undergone significant renovations likely within the 10-15 year range. The kitchen features high-end stainless steel appliances and stone countertops, and the bathrooms have been updated with traditional finishes. The property is well-maintained, move-in ready, and features a resort-style backyard in excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15352, living area = 3334.
- Resort-Style Backyard
The expansive 15,325 sq ft lot features a sparkling pool, built-in outdoor kitchen, and a sport court, offering a premium outdoor lifestyle rarely found at this price point.
- Prime South of Ventura Location
Situated in one of Tarzana's most desirable pockets, the home offers a quiet residential setting with immediate access to premier dining, shopping, and outdoor recreation.
CONSRISKS & DEFICIENCIES
- Lower School Ratings
The assigned local schools, such as Tarzana Elementary with a rating of 3, may be a drawback for families seeking high-performing public education options.
- Dated Architectural Era
Built in 1963, the property may require additional capital investment for modern upgrades and systems to align with contemporary luxury standards.
About 4908 Calvin Avenue
**MAJOR PRICE IMPROVEMENT! Exceptional Value South of Ventura Boulevard.**DON'T MISS THIS INCREDIBLE OPPORTUNITY** Experience the best of So-Cal living in this beautifully maintained single-story home, ideally situated on an expansive 15,325 sq ft lot in one of Tarzana's most sought-after neighborhoods. Offering approximately 3,334 sq ft with 5 bedrooms and 4 bathrooms, this residence combines generous living spaces with an incredible outdoor lifestyle rarely found at this price. The resort-style backyard is designed for entertaining and everyday enjoyment, featuring a sparkling pool, built-in outdoor kitchen, covered patio, lush landscaping, and an impressive sport court. Whether hosting gatherings, relaxing with family, or enjoying Southern California's year-round sunshine, this private outdoor retreat is truly the centerpiece of the home. A welcoming front garden enhances the home's curb appeal, while the oversized, usable lot offers exciting possibilities for future expansion, including a potential ADU or additional recreational space (buyer to verify). Located south of Ventura Boulevard, you'll enjoy close proximity to premier dining, shopping, parks, hiking trails, and convenient freeway access, all while tucked away in a quiet residential setting. **Now offered at $1,699,000**, this is an outstanding opportunity to own a spacious family home with an exceptional lot, resort-style amenities, and tremendous long-term potential in one of Tarzana's most desirable locations. Don't miss this exceptional value—schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 15,352 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Tarzana Unified Schools
Tarzana Elementary School
Grades K-5 • 1.3 mi
3/10
Vanalden Avenue Elementary School
Grades K-5 • 1.7 mi
3/10
Newcastle Elementary School
Grades K-5 • 2.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.1 |
| Baths | 4.0 | 3.3 |
| Square foot | 3,334 | 2,473.289 |
| Lot Size | 15,352 | 14,080.733 |
| Price | $1.70M | $1.74M |
| Price per sq ft | $510 | $643 |
| Built year | 1963 | 1961 |
| HOA | $0 | $600 |
| Days on market | 5 | 70 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,699,999
Initial Listing