5300 Garden Grove Avenue, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 3 bath
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Tarzana, California 91356
This Value-Add Traditional Residence represents a High-Potential Investment Opportunity, listed at $1,099,000—positioned below the $1,112,055 Fair Market Value by 1%. This valuation provides $13,055 in Instant Equity for buyers ready to modernize the interior. While currently holding a Condition Rating of 4, the home features high-quality "bones" including vaulted wood beam ceilings, hardwood flooring, and a private patio. Located on a quiet cul-de-sac within a Sought-After Charter School District, it offers significant upside through cosmetic renovation. This is an ideal acquisition for Owner-Occupants looking to build wealth or Fix-and-Flip Investors.
Property is moderate renovation needed.
The property is 68 years old and has been held by the original owners, resulting in a very dated interior. While the description notes a newer roof and water heater, the kitchen and bathrooms feature 30+ year old aesthetics including floral wallpaper, fluorescent light boxes, and dated tile work. It is functional and well-maintained but requires significant cosmetic updates and remodeling to meet modern standards.
Situated on a quiet cul-de-sac near the Cedars/Tarzana Medical Center and Ventura Boulevard, the property is ideally located within the boundaries of highly sought-after charter schools.
The interior boasts timeless appeal with hardwood flooring throughout, vaulted wood beam ceilings, and two classic brick fireplaces, providing a solid foundation for a high-end remodel.
The home features a newer roof and a newer water heater, offering immediate value and reducing the need for near-term capital expenditures on major systems.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5656, other record lot size in square feet = 5725.
Having been held by the same owners for nearly 70 years, the home likely requires significant cosmetic updates and modernization to meet current market expectations for luxury living.
The 5,656 square foot lot is relatively modest for a four-bedroom home in Tarzana, which may restrict outdoor expansion or the addition of large-scale amenities like a pool.
A home that can retain its original owners for nearly seven decades, affording them the opportunity to happily raise four children, must hold something very special indeed. Come harness all its’ positive energy to create a lifetime of happiness for you. Situated on a desirable quiet cul-de-sac where those same four children relished countless hours of frolic, cementing cherished childhood memories. Inside this warm wonderful abode, discover hardwood flooring throughout and a spacious living room with beautiful wood beam ceilings, classic brick fireplace and unique bar. An adjacent dining area also offers a charming brick fireplace. Large upper-level primary suite features a walk-in closet and private bathroom. Three bedrooms and two additional baths add to the appeal. Outside enjoy covered dining/entertaining and grassy area. Newer roof, newer water heater plus an extra-large driveway further enhance. Live in just the way it is or remodel to your hearts’ desire. In addition, your mere moments to Cedars/Tarzana medical center and just a short stroll to the Blvd. As an added bonus, all schools for this home are sought-after charter schools. Don’t miss!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,033 | 2,838 | 15% |
| Lot Size | 5,656 | 17,450 | 10% |
| Price | $1.02M | $1.85M | 7% |
| Price per sq ft | $504 | $661 | 7% |
| Built year | 1958 | 1963 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 149 | 3% |
May 15, 2026
$1,025,000
$1,099,000
-7% Price Drop
Initial Listing
Apr 27, 2026
$1,099,000
Initial Listing