5717 Melvin Avenue, Tarzana, California 91356, Tarzana, 91356 - 10 bed, 6 bath
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Tarzana, California 91356
Analysis of 5717 Melvin Avenue, Tarzana, California 91356 is currently available with a list price of $3,750,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
The property is move-in ready and has been updated with high-end finishes including oak flooring, marble, and granite countertops. While built in 2002 (22 years ago), the description highlights recent renovations and newer appliances, indicating the home is well-maintained with functional major systems and minimal physical depreciation, fitting the criteria for a high-quality, move-in ready estate.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43750, living area = 8400.
The rare one-acre flat lot features two residences including a main house and an ADU, complemented by an unprecedented 26 parking spaces and room for a tennis or basketball court.
With over 8,400 square feet of living space and soaring 22-foot ceilings, the estate offers a sense of volume and luxury enhanced by high-end finishes like oak flooring, marble, and granite.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43750, other record lot size in square feet = 43558. Living area discrepancy between mls listing and other public or private record. mls listing living area = 8400, other record living area = 4768. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 6.
The home features 10 bedrooms but only 6 bathrooms, which is a relatively low ratio for a luxury estate of this size and may present a challenge for large families or high-end guests.
The assigned public schools, specifically the elementary and high schools, have lower ratings (3 and 4 respectively), which may be a drawback for buyers prioritizing top-tier public education.
DREAM ESTATE !!!GORGEOUS prestigious!! has been beautifully renovated w/exquisite taste & quality. Truly one of the most beautiful 10 Bedroom AND 6 BATHS POOL SPA VIEW and ADU over one Acres flat lot & 6200 sq ft high ceilings over 22 feet with 4 car garage & 26 PARKING SPACE , plus gated ESTATE Grand entry leads to spacious & gracious entertaining areas w/ oak flooring & marble A magnificent kitchen with granite counters, & newer appliances, ONE ACRES FLAT LOT GATED TWO HOUSES ON THE property AND MORE!!! family room & French doors to patio, outdoor Sport rooms / w/infinity pool, spa area & pool house lots of fruit trees.. master bedroom had en suite & custom closets throughout. This home is just minutes to golf, hiking trails, with nearby supermarkets, hospitals, freeways and commuter routes, and all this truly amazing area offers. This amazing home is a move-in ready showplace awaiting its next lucky occupant. Cul-de-sac like location, minutes from fine restaurants, schools, & freeway access. The property is fully gated and fenced for privacy and security. Park-like settings room for another house and ADU orv full tennis or basketball court & your favorite animals and toys.or private school!!
No exterior & parking available.
Grades K-5 • 0.8 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 | 10.0 | 4.0 | 99% |
| Baths | 6.0 | 4.0 | 88% |
| Square foot | 8,400 | 2,902 | 99% |
| Lot Size | 43,750 | 17,150 | 95% |
| Price | $3.75M | $1.85M | 88% |
| Price per sq ft | $446 | $662 | 3% |
| Built year | 2002 | 1964 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 170 | 13% |
Apr 1, 2026
$3,750,000
$4,985,000
-25% Price Drop
Initial Listing
Feb 24, 2026
$4,985,000
$4,800,000
+4% Price Increase
Initial Listing
Feb 20, 2026
$4,800,000
$4,985,000
-4% Price Drop
Initial Listing
Feb 5, 2026
$4,985,000
Initial Listing
May 20, 2002
$475,000
Public Record