5653 Shirley Avenue, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
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Tarzana, California 91356
This Rustic Hilltop Retreat is a Prime Investment Opportunity listed at $1,599,000—positioned well below the $1,649,000 Fair Market Value by 3%. This valuation gap provides $50,000 in Instant Equity. Boasting a Condition Rating of 3, the home features a gourmet Viking kitchen, a 1,000-square-foot view deck, and a detached 300-square-foot guest unit on an expansive 34,470-square-foot lot. With whole-house solar and a serene Koi pond, it balances luxury with significant land value. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking privacy and upside.
Property is move-in ready.
The property is in move-in ready condition with significant high-end upgrades that modernize its 1936 vintage. The kitchen is a standout feature with professional-grade Viking appliances, custom cherry cabinetry, and a large island, while the primary bathroom has been tastefully updated with a soaking tub and separate shower. The addition of a whole-house solar system and a well-maintained 1,000-square-foot deck further demonstrates pride of ownership and functional modernization, though the overall style and specific finishes suggest the renovations occurred within the 5-15 year window rather than a brand-new 'excellent' overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 34470, living area = 2030.
Set on over 3/4 of an acre in the desirable Melody Acres, this gated hilltop retreat offers exceptional privacy, a serene Koi pond, and a massive 1,000-square-foot deck with stunning sunset views.
The high-end kitchen features custom Cherry cabinetry, professional Viking appliances, a 7-foot island, and dual temperature-controlled wine units, serving as a luxurious focal point for the open-concept living space.
Originally built in 1936, the property may present challenges associated with older construction and potential maintenance of legacy systems despite modern interior updates.
The immediate public elementary schools assigned to the address have lower performance ratings, which may be a drawback for families prioritizing top-tier public education.
Tucked behind a private gate, up a long brick driveway on over 3/4 acre is a fabulous quiet rustic retreat. Unique single story in desirable Melody Acres. Relax on a huge 1000sf deck with gorgeous sunset views from a covered patio. Hilltop location. A beautiful Koi pond and river rock stream at the top of the long drive gives a serene and calming feel to the home. Amazing open concept with huge kitchen that has a 7' island, beautiful Cherry custom cabinetry, Viking appliances and two dual temperature controlled wine units. Truly a focal point of the house. The kitchen opens to a large family room with 12' ceilings and an oversized fireplace with loads of windows looking out over the private grounds. Primary bedroom has a beautiful updated bathroom with a large soaking tub, custom hand painted sinks, and separate shower plus two walk in closets. The third bedroom is currently being used as an office with gorgeous built-ins. Additionally, there is a guest unit behind the garage, approximately 300sf, with a separate bath and private entrance. Perfect for a live in or a gym. Exercise Pool in an enclosed area detached from the house. Whole house has SOLAR.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 25% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 2,030 | 2,844 | 20% |
| Lot Size | 34,470 | 17,150 | 95% |
| Price | $1.60M | $1.83M | 29% |
| Price per sq ft | $788 | $666 | 77% |
| Built year | 1936 | 1964 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 170 | 11% |
Mar 10, 2026
$1,599,000
$1,649,000
-3% Price Drop
Initial Listing
Feb 13, 2026
$1,649,000
Initial Listing
Nov 30, 2010
$750,000
Public Record
Feb 6, 2001
$445,000
Public Record