5206 Topeka Drive, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 5 bath

5206 Topeka Drive, Tarzana, California 91356 home-pic-0

5206 Topeka Drive

Tarzana, California 91356

ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,611Sq Ft
16,339Lot Size

Property Price

LIST PRICE$2,299,000
EST. MARKET VALUE
$2,299,000

SUMMARY

Analysis of 5206 Topeka Drive, Tarzana, California 91356 reveals a Fairly Priced Property with a current list price of $2,299,000  aligned with the estimated $2,299,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tarzana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,299,000
Based on Realkey algorithm analyzing recent comparable sales in Tarzana.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5206 Topeka Drive
Subject
$2,299,000*
List Price
453,611$637-
A
19532 Wells Drive
Sold
$2,665,990543,922$6800.7 mi
B
4809 Hasekian Drive
Sold
$2,360,000453,238$7290.6 mi
C
18760 Wells Drive
Sold
$2,250,000543,148$7150.3 mi
D
5329 Shirley Avenue
Sold
$2,600,000454,311$6030.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property has undergone a meticulous and extensive recent renovation, as described and evidenced by the images. The kitchen features modern flat-panel cabinetry, granite countertops, and stainless steel appliances, all appearing new or virtually new. Bathrooms are updated with contemporary vanities, modern fixtures, and stylish finishes. New flooring (large format tile and LVP/engineered wood) is present throughout, and recessed lighting provides a clean, modern aesthetic. The overall condition reflects a high standard of quality with no visible deferred maintenance, aligning with an extensively renovated property within the last 5 years.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Remodel & High-End Finishes

    The property has been meticulously remodeled with exquisite finishes, new flooring, and an open-concept layout, offering a sophisticated and modern living experience.

  • Exceptional Entertainment Backyard

    Features a resort-style backyard with a large pool, Jacuzzi, fire pit with wrap-around seating, and expansive side yards, making it an ideal space for entertaining.

  • Desirable South of Ventura Blvd Location

    Situated in a prime Tarzana location, south of Ventura Boulevard, providing convenient access to local shops, restaurants, and amenities.

CONSRISKS & DEFICIENCIES

  • Lack of Views

    The property explicitly states 'None' for views, which can be a significant detractor for buyers seeking scenic vistas, especially in a desirable California location.

  • Age of Construction (1962)

    Despite extensive remodeling, the 1962 construction year may raise concerns about underlying infrastructure (e.g., plumbing, electrical, foundation) that might not have been fully updated, potentially leading to future maintenance needs.

  • Recent Price Reductions

    The property has undergone multiple price reductions from its peak listing price, suggesting potential challenges in market valuation or buyer interest at higher price points.

About 5206 Topeka Drive

This meticulously remodeled home, located south of Ventura Boulevard, offers an inviting and sophisticated living experience. The property boasts stunning curb appeal with a gated entrance that leads guests through a covered entryway to an open-concept floor plan adorned with exquisite finishes throughout. The residence features spacious common areas with high ceilings and a circular driveway. Double doors open to a formal entry, revealing a light-filled and airy layout. The new flooring complements the elegant fireplace that separates the living and family rooms. Three sliding doors open to a resort-style backyard, complete with a large pool, Jacuzzi, and a fire pit with wrap-around seating areas, perfect for entertaining. The updated kitchen is equipped with granite countertops and a generous breakfast nook. The master suite includes a second fireplace, dual walk-in closets with built-ins, and a spa-style bathroom. Each additional bedroom has its own private full bathroom. The private backyard is an entertainer’s paradise, featuring a sparkling pool and expansive side yards with additional entertainment spaces. Conveniently located near shops, restaurants, and other amenities, this property embodies the best of Tarzana living.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
16,339 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 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 • 0.7 mi

3/10

Vanalden Avenue Elementary School

Grades K-5 • 1.2 mi

3/10

Newcastle Elementary School

Grades K-5 • 2.1 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.04.0
71%
Square foot3,6112,902
71%
Lot Size16,33916,870
48%
Price$2.30M$1.80M
70%
Price per sq ft$637$661
41%
Built year19621964
47%
HOA$0$0
50%
Days on market261164
92%

Pricing History

Listed for Sale

Oct 8, 2025

$2,299,000

$2,349,000

-2% Price Drop

Initial Listing

Price Change

Sep 5, 2025

$2,349,000

$2,449,000

-4% Price Drop

Initial Listing

Price Change

Aug 12, 2025

$2,449,000

Initial Listing

Price Change

Jun 18, 2025

$1,995,000

Initial Listing

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