4 months on rocket

10425 Melvin Ave, Porter Ranch, CA, 91326

$4,000,000

7 Bedrooms
7 Full Baths, 1 Partial
9,276 SqFt
$431/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Door-Multi, Direct Access, Driveway Level, Door-Single, Garage Faces Front, Garage, Paved, Tandem
Attached Garage6 spaces
Year Built1983
HeatingCentral, Fireplace(s), Natural Gas, Solar
CoolingCentral Air, Dual, Wall/Window Unit(s), Zoned
FireplaceBonus Room, Family Room, Gas Starter, Living Room, Primary Bedroom
ViewCity Lights, Mountain(s), Panoramic, Valley
Private PoolYes
MLS #SR24151028
Lot Size1.04 Acres
StatusActive

About 10425 Melvin Ave

VERY MOTIVATED SELLER!! BRING ALL OFFERS! Stunning seven-bedroom, eight bath Spanish Mediterranean with breathtaking city views in a private gated community of three estate homes, offers the epitome of luxury living. Boasting 9,276 square feet of grandeur and situated on over an acre lot. Upon entry, the home boasts its 25-foot ceilings, accentuated by a magnificent spiral staircase. In the entry discover custom-designed porcelain floors, living room with coffered ceilings and wood floors, family room with a large copper fireplace Hood adding a touch of sophistication to the living space, a raised formal dining, a large gourmet kitchen with custom Fusion Quartz counters and backsplash, Breakfast bar, a second family room and informal dining and a large laundry area with high quality countertops. The kitchen comes equipped with four ovens, two dishwashers, a gas stove, and hot water dispensers, all complemented by two large copper sinks. Indulge in amenities like access to a full private tennis court and a pool and spa. Enjoy the panoramic city lights and mountain views from both the first and second levels, along with a wrap-around balcony on the second floor, providing the perfect vantage point for the stunning scenery. Further features include a Stiltz elevator, providing accessibility to both levels, a wine cellar for storing prized vintages, and a built-in wet bar for entertaining guests with style. The outdoor spaces include an abundance of fruit trees and a vegetable garden, perfect for the green thumb in the family. The property also features newly installed solar panels, high end security camera system, intercom and a six-car attached garage and ample parking within the property and the community gate. Also, available for lease at 20,000 per month.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Spanish, Traditional
  • Year Built: 1983
  • Stories: 2
  • Living Area: 9,276 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 300-5255
  • Listing Agent: Neeta Gupta

Interior Features

Interior Information:

  • Appliances: Stove, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Trash Compactor, Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Beamed Ceilings, Wet Bar, Breakfast Bar, Balcony, Block Walls, Ceiling Fan(s), Coffered Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Multiple Staircases, Open Floorplan, Pantry, Quartz Counters, Sunken Living Room, Tandem, Bar, All Bedrooms Up, Entrance Foyer, Instant Hot Water, Primary Suite
  • Fireplace: Bonus Room, Family Room, Gas Starter, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Mountain(s), Panoramic, Valley
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Concrete, Door-Multi, Direct Access, Driveway Level, Door-Single, Garage Faces Front, Garage, Paved, Tandem

Virtual/3D Tour

  • Virtual Tour: 10425 Melvin Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved, Rectangular Lot, Sprinklers
  • Lot Size: 1.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Natural Gas, Solar
  • Cooling: Central Air, Dual, Wall/Window Unit(s), Zoned

Other

Directions Information:

  • Directions: N of Devonshire, S of Rinaldi, E of Corbin

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000
  • Price Per SqFt: $431/SqFt

Tax Information:

  • Annual Amount: $21,808
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

10425 Melvin Ave vs Los Angeles

141 DAYS ON ROCKET

+103 Days

$4,000,000

+$2.9M More

$431/SqFt

-$209 Less

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price and $209/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24151028

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 300-5255
  • Listing Agent: Neeta Gupta

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2009Home Sold
$1,460,000
Sep 08, 2005Home Sold
$1,910,000
Mar 27, 2001Home Sold
$1,160,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,808$1,736,944
2020$21,176$1,719,135
2019$20,493$1,685,428
2018$20,054$1,652,381
2017$20,054$1,619,983

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4505882
9
/10
  • Beckford Charter for Enriched Studies

  • 19130 Tulsa St

  • 0.88 miles

  • Public Charter Grades KG-5

school-card-donut-4505883
6
/10
  • Superior Street Elementary

  • 9756 Oso Ave

  • 1.16 miles

  • Public Charter Grades KG-5

school-card-donut-4505884
8
/10
  • Topeka Charter School for Advanced Studies

  • 9815 Topeka Dr

  • 1.18 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,727. Residents of Los Angeles, CA typically earn between $100k-200k each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10425 Melvin Ave

What is the listing price of this property?

The listing price of 10425 Melvin Ave property is $4,000,000.

What type of property is this?

The property 10425 Melvin Ave is a house located in Porter Ranch, California, 91326.

Is this property for sale now?

Active Listing: 10425 Melvin Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $21,808 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2009 for $1,460,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10425 Melvin Ave has 7 bedrooms and 7 full and 1 half bathrooms.

What is the square footage of this property?

The property 10425 Melvin Ave is 9,276 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10425 Melvin Ave is 1983.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9132610425 Melvin Ave

This home is located at 10425 Melvin Ave in Porter Ranch, CA and zip code 91326 in the The San Fernando Valley neighborhood. This 9,276 square foot home, which was built in 1983, sits on a 1.04 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $4,000,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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