5706 Corbin Avenue, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 4 bath
5706 Corbin Avenue
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 5706 Corbin Avenue, Tarzana, California 91356 reveals a Fairly Priced Property with a current list price of $1,999,950 aligned with the estimated $2,039,451 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 5706 Corbin Avenue Subject | $1,999,950* List Price | 5 | 4 | 3,441 | $593 | - |
A 5828 Calvin Sold | $1,700,000 | 4 | 3 | 3,207 | $530 | 0.4 mi |
B 5234 Tampa Avenue Sold | $1,797,000 | 5 | 4 | 2,902 | $619 | 0.7 mi |
C 4909 Calvin Sold | $2,385,000 | 4 | 4 | 3,312 | $720 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this 35-year-old property falls within the 'fair' category as it appears well-maintained but largely original. While the home features desirable architectural volume and a large lot, the interior finishes, kitchen, and bathrooms show signs of being outdated and lack the recent high-end renovations expected for a modern luxury rating.
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 = 22831, living area = 3441.
- Substantial Lot Size
Situated on over half an acre (22,831 sqft), the property offers rare privacy and expansive grounds for outdoor entertaining, a pool, or potential expansion in a premier Tarzana location.
- Architectural Volume
The home features soaring high ceilings and expansive windows that create a light-filled, airy ambiance and a sense of modern sophistication throughout the living spaces.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The assigned elementary schools, Tarzana and Vanalden Avenue, currently hold lower ratings (3/10), which may be a deterrent for families prioritizing high-performing public education.
- Potential for Modernization
Built in 1989, the property may require updates to its original systems or aesthetic finishes to align with the contemporary luxury standards expected at the $2 million price point.
- High Maintenance Costs
The expansive half-acre lot and large square footage likely involve significant ongoing costs for landscaping, water usage, and general property upkeep.
About 5706 Corbin Avenue
Situated on over half an acre in a highly desirable neighborhood and close to Ventura, this light-filled home is designed for effortless indoor-outdoor living. Soaring high ceilings and expansive windows create an open, airy ambiance while seamlessly connecting the interior spaces to the outdoors. The expansive grounds offer exceptional space for entertaining, relaxing, or creating your own private retreat. A circular driveway and three-car garage provide ample parking and impressive curb appeal, completing this rare opportunity to enjoy space, style, and an exceptional lifestyle in a premier location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 22,831 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 • 0.9 mi
Vanalden Avenue Elementary School
Grades K-5 • 1.0 mi
Newcastle Elementary School
Grades K-5 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 62% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,441 | 2,902 | 71% |
| Lot Size | 22,831 | 17,150 | 90% |
| Price | $2.00M | $1.80M | 63% |
| Price per sq ft | $581 | $661 | 26% |
| Built year | 1989 | 1964 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 162 | 1% |
Pricing History
Listed for Sale
Feb 9, 2026
$1,999,950
Initial Listing
Sold
Jul 31, 1998
$510,000
Public Record