-
Listed Price :
$1,775,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1950
Property Description
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 main home has collected rent for $6,500/month while the ADU was rented out for $4,500/month. 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!
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Flooring Information |
Material |
Tile, Wood |
Interior Information |
Features |
Brick Walls, Cathedral Ceiling(s), Recessed Lighting, Track Lighting, Primary Suite, Walk-In Closet(s) |
Listing Information
Address |
5701 Corbin Avenue |
City |
Tarzana |
State |
CA |
Zip |
91356 |
County |
Los Angeles |
Listing Agent |
Vera Nelson DRE #01333471 |
Courtesy Of |
Hythe Realty, Inc |
List Price |
$1,775,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
17,001 |
Year Built |
1950 |
Listing information courtesy of: Vera Nelson, Hythe Realty, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 30th, 2024 at 1:15 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.