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

5206 Topeka Drive
Tarzana, California 91356
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5206 Topeka Drive Subject | $2,299,000* List Price | 4 | 5 | 3,611 | $637 | - |
A 19532 Wells Drive Sold | $2,665,990 | 5 | 4 | 3,922 | $680 | 0.7 mi |
B 4809 Hasekian Drive Sold | $2,360,000 | 4 | 5 | 3,238 | $729 | 0.6 mi |
C 18760 Wells Drive Sold | $2,250,000 | 5 | 4 | 3,148 | $715 | 0.3 mi |
D 5329 Shirley Avenue Sold | $2,600,000 | 4 | 5 | 4,311 | $603 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Vanalden Avenue Elementary School
Grades K-5 • 1.2 mi
Newcastle Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 71% |
| Square foot | 3,611 | 2,902 | 71% |
| Lot Size | 16,339 | 16,870 | 48% |
| Price | $2.30M | $1.80M | 70% |
| Price per sq ft | $637 | $661 | 41% |
| Built year | 1962 | 1964 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 261 | 164 | 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













































