5701 Corbin Avenue, Tarzana, CA 91356

$1,775,000 Asking Price

5 beds
5 baths
1,906  sqft
Built in 1950

Experience the rare opportunity to own a versatile property in the highly coveted Melody Acres neighborhood of Tarzana! This gated and private estate features two homes on a sprawling 17,001 sq ft flat lot, offering endless possibilities for multi-generational living, rental income, or potential lot splitting for investors. The primary residence, a charming ranch-style home spanning approximately 1,966 sq ft, boasts 3 bedrooms and 2.5 updated bathrooms. The beautifully remodeled kitchen is a chef's dream, equipped with stainless steel appliances, including a refrigerator, electric double oven, gas range, dishwasher, wine cooler, washer, dryer, and two sinks. The spacious living room and formal dining area, with gleaming hardwood floors and a wall of windows, open to a patio and a lush backyard filled with mature fruit trees--perfect for hosting and entertaining. The secondary home, a stunning two-story ADU of approximately 1,000 sq ft, offers complete privacy with its own entrance, backyard, and storage space. Inside, you'll find soaring ceilings, a cozy fireplace, a skylight, and hardwood floors. French doors lead to a large wood deck, seamlessly blending indoor and outdoor living. This home includes 2 generously sized bedrooms, 2 updated bathrooms, a remodeled kitchen, and a laundry area with a washer and dryer. The upstairs bedroom serves as a tranquil retreat with a walk-in closet and enhanced privacy. Both homes are designed for functionality and seclusion, with the rear home providing an ideal rental opportunity to offset mortgage costs. The expansive lot includes grassy play areas, mature fruit trees, and plenty of room for relaxation, entertaining, or future development. Situated in an unbeatable location, this property is within walking distance of renowned restaurants, shops, entertainment, and places of worship. It's also conveniently close to the Westfield Topanga Mall/The Village, colleges, parks, schools, and major freeways. Don't miss the chance to own this one-of-a-kind property in the heart of Melody Acres--offering space, privacy, and limitless potential!

Features & Amenities

Interior

General:
Brick Walls,Cathedral Ceiling(s),Recessed Lighting,Track Lighting,Primary Suite,Walk-In Closet(s)
Appliances:
Gas Range,Refrigerator,Range Hood
Laundry:
In Kitchen
Flooring:
Tile,Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
See Remarks, Fireplace

Exterior

General:
None
Pool:
None
Parking:
Attached Carport,RV Access/Parking, Parking spaces: 3

Construction

General:
2

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
2153019006
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Hythe Realty, Inc, Vera Nelson

About Tarzana, CA

Housing

Number of Units
12,072
Median Home Value
$918,827
Median Rent
$1,547

41.54% of housing units are renter occupied.

4.53% are vacant.

Commute

Car
52.60%
Public Transportation
2.41%
Walk to Work
0.46%
Work from Home
44.16%
Other
0.34%

The median travel time to work is 21 minutes.

People

Population
30,396
Median Age
44.30
Median Household Size
2.62

Education

High School
13.58%
Associate’s Degree
7.70%
Bachelor’s Degree
30.17%
Graduate Degree
22.03%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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