19 days on rocket

5237 Melvin Ave, Tarzana, CA, 91356

$1,775,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,029 SqFt
$875/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5237 Melvin Ave, Los Angeles$1,775,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1959
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
ViewHills, Valley
Private PoolYes
MLS #SR24055870
Lot Size0.42 Acres
StatusActive

About 5237 Melvin Ave

Welcome to the epitome of luxurious living in this breathtaking 4-bedroom, 3-bathroom sanctuary, nestled South of the Blvd in Tarzana! From the moment you lay eyes on the meticulously manicured exterior, you know you're in for something extraordinary. Prepare to be dazzled by the interior, boasting new elegant kitchen cabinets and counters, adorned with stainless steel appliances. The space is further elevated by gleaming engineered wood flooring that wraps you in its natural tones and cozy embrace. Every corner is bathed in the glow of new recessed lights, creating an ambiance that beckons you to unwind and indulge. Indulgence continues as you explore the well-appointed bedrooms, each exuding sleek sophistication and basking in ample sunlight. The crown jewel is undoubtedly the primary suite, a true retreat featuring a walk-in closet and a luxuriously tiled ensuite bathroom, complete with a glass-enclosed shower and twin vanity. Step outside to discover your own personal paradise, where a sparkling pool awaits, accompanied by new equipment for endless days of relaxation and fun. Gather around the cozy fire pit area under the starlit sky, or fire up the large outdoor kitchen for epic BBQ nights with loved ones. This property boasts PAID solar panels, promising both eco-friendliness and cost savings. Additional highlights include a finished garage, currently serving as a versatile game room/living space, a tankless water heater, upgraded landscaping that adds an extra layer of charm to the property, and a built-in surround sound system for immersive entertainment experiences. For added security and peace of mind, the property is equipped with security cameras. Don't miss out on the chance to experience luxury living at its finest - schedule your tour today and embark on a journey to make this captivating residence your own!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Your Home Sold Guaranteed Realty
  • Office Phone: (818) 400-9949
  • Listing Agent: Esti Klaiman

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Hills, Valley

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

School Info

Assigned Schools Information:

  • William Howard Taft Charter High School, Public Charter Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Woodland Hills Charter Academy, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Wilbur Charter For Enriched Academics, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: From Ventura Blvd head south on Shirley, make a right on Collier and another right on Melvin

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,775,000
  • Price Per SqFt: $875/SqFt

Tax Information:

  • Annual Amount: $12,002
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5237 Melvin Ave vs Los Angeles

19 DAYS ON ROCKET

-15 Days

$1,775,000

+$799K More

$875/SqFt

+$247 More

KEY TAKEAWAY

This property is $799K more than the Median Sold Price and $247/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: #SR24055870

Listing Office:

  • Office Name: Your Home Sold Guaranteed Realty
  • 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: 4/29/2024, 2:20:25 PM 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

$8,926

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,388

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-3174616
8
/10

  • Wilbur Charter For Enriched Academics

  • 5213 Crebs Ave

  • 0.90 miles

  • Public Charter Grades KG-5

school-card-donut-3174617
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 5.08 miles

  • Public Magnet Grades 1-5

school-card-donut-3174618
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 13.54 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-3174619
5
/10

  • Woodland Hills Charter Academy

  • 20800 Burbank Blvd

  • 1.54 miles

  • Public Charter Grades 6-8

school-card-donut-3174620
4
/10

  • Studio

  • 2211 W Avenue 30

  • 19.00 miles

  • Public District Grades 6-8

High School

school-card-donut-3174621
7
/10

  • William Howard Taft Charter High School

  • 5461 Winnetka Ave

  • 0.68 miles

  • Public Charter Grades 9-12

school-card-donut-3174622
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.75 miles

  • Public Magnet Grades 9-12

school-card-donut-3174623
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 21.83 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,403. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

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 $1,775,000.

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 are the assigned schools for this property?

The assigned schools for 5237 Melvin Ave are:
Wilbur Charter For Enriched Academics: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Woodland Hills Charter Academy: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
William Howard Taft Charter High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

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 5 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: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $1,775,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

More Resources