5128 Avenida Hacienda, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 4 bath
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Tarzana, California 91356
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,950,000—positioned above the $2,518,881 Fair Market Value. While the property commands a premium, it offers a Fair Condition Rating with significant upside through cosmetic modernization of its original 2002 finishes. The expansive 15,383 sqft lot features a resort-style pool, built-in BBQ, and scenic balcony views, providing a luxury lifestyle foundation. Given the mixed school ratings and the need for aesthetic updates, this property is best suited for Value-Add Investors or Owner-Occupants seeking a spacious Tarzana estate.
Luxury 5-bed Tarzana home for sale. Features pool, gourmet kitchen, and scenic views on a 15,383 sqft lot. Prime opportunity for custom updates in a top location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5128 Avenida Hacienda Subject | $2,950,000* List Price | 5 | 4 | 4,537 | $555 | - |
A 5150 Donna Avenue Sold | $2,120,000 | 5 | 4 | 4,029 | $526 | 0.8 mi |
B 18423 Linnet Active | $3,150,000 List Price | 7 | 8 | 5,358 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property falls into the Fair category (>20y). While the home is well-maintained and functional, the interior finishes—specifically the tile countertops in the bathrooms and the travertine flooring—are dated and original to the build, indicating a need for cosmetic updates to meet modern luxury standards.
The kitchen is a culinary masterpiece featuring top-of-the-line appliances, including a 6-burner gas stove, double oven, and a spacious island, perfect for high-end entertaining.
The expansive 15,383 sqft lot offers a private resort-style backyard equipped with a pool, built-in BBQ pit, and a unique treehouse, providing exceptional recreational value.
The master suite features a sophisticated double-sided see-through fireplace, a spa-like ensuite, and access to a wrap-around balcony with scenic views of the surrounding landscape.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15383, other record lot size in square feet = 15476. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property is served by local schools with relatively low ratings, such as Tarzana Elementary (3/10) and Reseda Senior High (4/10), which may deter education-focused buyers.
Built in 2002, the home may require aesthetic modernizations to compete effectively with newer ultra-luxury constructions in the Tarzana area at the nearly $3M price point.
Nestled within the serene and upscale neighborhood of Tarzana, this property exudes luxury and comfort. This stunning 5 bed, 4 bath property offers the epitome of contemporary living, boasting a seamless blend of elegance and functionality. Stepping through the grandiose staired foyer, you're immediately struck by the spaciousness and sophistication of the interior. The living areas are thoughtfully designed with comfort in mind, featuring a double-sided see-through fireplace in the master retreat and an additional fireplace in the living room. These inviting spaces offer plenty of natural light and plush seating areas where you can relax and unwind after a long day. The gourmet kitchen is a culinary enthusiast's dream, featuring top-of-the-line appliances, including a spacious refrigerator, range hood, island, 6-burner gas stove, double oven, and built-in microwave. Sleek countertops and ample storage space provide the perfect setting for preparing meals and hosting gatherings. Upstairs, the luxurious master suite offers a private sanctuary with a spa-like ensuite bathroom, complete with a dual sinks vanity, a luxurious walk-in closet, and the ambiance of the double-sided see-through fireplace. Several balconies adorn the home, offering mesmerizing views of the surrounding landscape, with a wrap-around balcony providing an expansive outdoor space for relaxation and entertainment. Additionally, the property features an office room, providing a dedicated space for work or study, as well as a laundry room equipped with shelves for added convenience and organization. Outside, the expansive backyard is an entertainer's paradise, featuring a built-in BBQ pit, pool, and treehouse, providing endless opportunities for outdoor enjoyment and relaxation. This property also boasts a 3-car garage with shelving, providing ample storage space for vehicles and other belongings. Located in one of Tarzana's most coveted neighborhoods, this property offers convenient access to shopping, dining, and entertainment options. With its impeccable design, romantic features, and prime location, this home represents the pinnacle of California living.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.5 |
| Baths | 4.0 | 4.0 |
| Square foot | 4,537 | 2,853.5 |
| Lot Size | 15,383 | 8,376 |
| Price | $2.95M | $1.81M |
| Price per sq ft | $650 | $668 |
| Built year | 2002 | 1962 |
| HOA | $0 | $0 |
| Days on market | 3 | 61 |
Jul 19, 2026
$2,950,000
Initial Listing
Jul 15, 2002
$1,050,000
Public Record
Dec 19, 2001
$300,000
Public Record