5429 Corbin Avenue, Los Angeles, California 91356, Los Angeles, 91356 - 4 bed, 3 bath
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5429 Corbin Avenue
Los Angeles, California 91356
ACTIVE
CONDITION: FAIR
4Beds
3Baths
3,568Sq Ft
17,355Lot Size
Property Price
LIST PRICE$2,149,000
EST. MARKET VALUE
$2,093,467
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,199,000—positioned above the $2,091,784 Fair Market Value. While the property carries a Condition Rating of 4, it offers significant upside through cosmetic modernization. The expansive 17,355-square-foot lot featuring a large swimming pool and Park/Greenbelt views provides a rare canvas for value-add renovations. Given the substantial interior scale and prime Tarzana location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic upgrades.
Estimated Market Value
$2,093,467
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5429 Corbin Avenue Subject 4 bd · 3 ba · 3,568 sqft · $587 | $2,149,000* List Price | 4 | 3 | 3,568 | $587 | - |
A 19321 Santa Rita Street Sold 5 bd · 4 ba · 2,905 sqft · $706 · 0.5 mi | $2,050,000 | 5 | 4 | 2,905 | $706 | 0.5 mi |
B 5515 Shirley Avenue Sold 4 bd · 4 ba · 3,428 sqft · $511 · 0.3 mi | $1,750,000 | 4 | 4 | 3,428 | $511 | 0.3 mi |
C 5430 Corbin Avenue Sold 3 bd · 2 ba · 2,776 sqft · $632 · 0.0 mi | $1,755,000 | 3 | 2 | 2,776 | $632 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1956, the home is well-maintained but significantly dated. While it features hardwood floors, central HVAC, and solar panels, the interior aesthetics—including heavy window treatments, older lighting fixtures, and laundry appliances—suggest the last major renovation occurred over 20 years ago. The property is move-in ready but requires cosmetic updates to meet modern standards.
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 = 17355, living area = 3568.
- Expansive Lot and Outdoor Oasis
The property boasts a massive 17,355-square-foot lot featuring an exceptionally large swimming pool and resort-style landscaping, providing a rare level of outdoor space and privacy for the area.
- Substantial Interior Scale
With over 3,560 square feet of living space and soaring vaulted ceilings, the home offers a grand, airy atmosphere that is ideal for both large-scale entertaining and comfortable family living.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1956, the home may require cosmetic updates or interior renovations to meet the aesthetic expectations of contemporary luxury buyers at this price point.
- Traffic Exposure
Situated on Corbin Avenue, a primary thoroughfare, the property may experience more street noise and traffic activity than homes located on deeper residential cul-de-sacs.
About 5429 Corbin Avenue
Welcome to 5429 Corbin Avenue, a spacious 4-bedroom, 3-bath residence offering over 3,560 square feet of living space on an impressive 17,355-square-foot lot in a prime Tarzana location. Designed for both comfortable everyday living and entertaining, the home features soaring vaulted ceilings, hardwood floors, central air and heat, and a handsome solid wood wet bar that adds warmth and character.Step outside and discover a true Southern California backyard retreat, highlighted by an exceptionally large swimming pool, expansive outdoor space, and multiple mature palm trees creating a resort-like setting with plenty of room to relax, entertain, and enjoy the California sunshine.Additional features include solar panels, an attached two-car garage, and abundant closet and storage space throughout. With four generously sized bedrooms, four bathrooms, substantial interior living space, and an oversized lot, this property offers tremendous versatility and potential.Ideally situated in sought-after Tarzana with convenient access to shopping, dining, recreation, and major transportation routes, 5429 Corbin Avenue presents a wonderful opportunity to enjoy space, privacy, and the quintessential Southern California lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 17,355 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,568 | 1,670.836 |
| Lot Size | 17,355 | 6,152.156 |
| Price | $2.15M | $1.34M |
| Price per sq ft | $602 | $807 |
| Built year | 1956 | 1941 |
| HOA | $0 | $238 |
| Days on market | 55 | 56 |
Pricing History
Listed for Sale
Oct 7, 2026
$2,149,000
$2,199,000
-2% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$2,199,000
Initial Listing
Sold
Mar 17, 1998
$460,000
Public Record