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5237 Melvin Ave, Tarzana, CA, 91356

$1,675,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,029 SqFt
$826/SqFt
House

Location

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5237 Melvin Ave, Los Angeles$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1959
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewMountain(s), Neighborhood
Private PoolYes
MLS #SR24229286
Lot Size0.42 Acres
StatusActive

About 5237 Melvin Ave

Welcome to 5237 Melvin Ave, a luxurious 4-bedroom, 3-bathroom home nestled on a quiet cul-de-sac south of Ventura Blvd in Tarzana. Located in a highly sought-after neighborhood, this property is just moments from top-rated schools, parks, shopping, and dining options. Step inside to discover a brand-new kitchen with modern cabinets, quartz countertops, and stainless steel appliances, enhanced by warm engineered wood flooring and stylish recessed lighting throughout. The spacious primary suite offers a walk-in closet and updated ensuite with a glass-enclosed shower and dual vanities, while each additional bedroom is well-sized and bright. Outside, enjoy your private retreat with a sparkling pool (featuring new equipment), a cozy fire pit, and a large outdoor kitchen perfect for entertaining. The versatile garage can serve as a game room, office, entertainment space, or traditional parking and storage. With *paid solar panels* and upgraded landscaping, this property blends eco-friendly living with timeless elegance. Schedule your tour today and experience this exceptional Tarzana home firsthand!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1
  • Living Area: 2,029 SqFt

Listing Office:

  • Office Name: Keller Williams Coastal Properties
  • Office Phone: (818) 400-9949
  • Listing Agent: Esti Klaiman

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Interior: All Bedrooms Down, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head shouth on Shirley, turn right on Collier and right on Melvin

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000
  • Price Per SqFt: $826/SqFt

Tax Information:

  • Annual Amount: $12,002
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5237 Melvin Ave vs Los Angeles

44 DAYS ON ROCKET

+6 Days

$1,675,000

+$653.4K More

$826/SqFt

+$186 More

KEY TAKEAWAY

This property is $653.4K more than the Median Sold Price and $186/SqFt more 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: #SR24229286

Listing Office:

  • Office Name: Keller Williams Coastal Properties
  • Office Phone: (818) 400-9949
  • Listing Agent: Esti Klaiman

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: 12/22/2024, 2:20:57 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

Nov 13, 2015Home Sold
$900,000
Jun 01, 2009Home Sold
$700,000
Jul 22, 2005Home Sold
$985,000
Jan 02, 2003Home Sold
$560,000
Feb 09, 2001Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,002$984,279
2020$11,646$974,187
2019$11,470$955,086
2018$11,220$936,360
2017$11,220$918,000

History based on county public records data.

Payment Calculator

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

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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-845263
8
/10

  • Wilbur Charter for Enriched Academics

  • 5213 Crebs Ave

  • 0.88 miles

  • Public Charter Grades KG-5

school-card-donut-845264
5
/10

  • Tarzana Elementary

  • 5726 Topeka Dr

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-845265
4
/10

  • Calvert Charter for Enriched Studies

  • 19850 Delano St

  • 1.10 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,403. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5237 Melvin Ave

What is the listing price of this property?

The listing price of 5237 Melvin Ave property is $1,675,000.

What type of property is this?

The property 5237 Melvin Ave is a house located in Tarzana, California, 91356.

Is this property for sale now?

Active Listing: 5237 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 $12,002 (source: MLS/based on county public records data).

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

The last sale was on November 13, 2015 for $900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5237 Melvin Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5237 Melvin Ave is 2,029 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5237 Melvin Ave is 1959.

Rocket Homes›California›Los Angeles County›Los Angeles›91356›5237 Melvin Ave

This home is located at 5237 Melvin Ave in Tarzana, CA and zip code 91356 in the Tarzana neighborhood. This 2,029 square foot home, which was built in 1959, sits on a 0.42 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $1,675,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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