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$2,700,000
5 Beds ⋅ 5 Baths ⋅ 26876899 MLS ⋅ Active Status
Fantastic Investment Opportunity in Melody Acres. Strong Income Potential! Discover incredible value and endless flexibility on over 18,000 square feet of land! This rare gated property features a renovated main house plus two fully independent extra guest homes (ADUs) giving you total freedom to generate steady rental income, house extended family, or set up a quiet work-from-home space. *Main House (1,795 sqft): 3 Bedrooms | 3 Bathrooms. Bright, sun-filled living spaces and an updated kitchen with modern cabinets and stone counters.** Rental Unit #1 (590 sqft): 1 Bedroom | 1 Bathroom. Includes a complete kitchenette and sliding glass doors that open right onto a private deck and dining area.***Rental Unit #2 (400 sqft): 1 Bedroom | 1 Bathroom. Cozy unit with its own private entrance and patio-ideal for tenant income, a private office, or a studio. Outdoor Amenities: A resort-style backyard complete with a UV pool, spa, lush green lawns, and shady trees. Huge Future Upside: A lot split is already in progress, opening the door for future land division or development to add even more value down the road. Delivered completely vacant at the close of escrow. Ready for your vision or new tenants from day one!

5923 Corbin Avenue, Tarzana
$1,198,000
4 Beds ⋅ 3 Baths ⋅ 26889719 MLS ⋅ Active Status
Turnkey 3-Bed Home with Bonus Room (Office/Playroom) + Permitted 1-Bed ADU. Set on a sun-filled corner lot in Tarzana, this beautifully remodeled turnkey home features three bedrooms, two bathrooms, and a versatile bonus room, along with a permitted one-bedroom ADU with its own address, private entrance, separate yard, and storage, offering exceptional flexibility for multigenerational living, guests, a private office, or rental income. Filled with natural light, the thoughtfully designed main home offers a comfortable layout, with the primary suite and two additional bedrooms positioned along the main hallway. The bonus room is tucked just off the living room, ideal for a guest room, gym, playroom, or office. The bright, updated kitchen opens to a sun-drenched dining area with mountain views and flows into the inviting sunken living room, where vaulted ceilings, a cozy fireplace, and glass doors open to the backyard for easy indoor-outdoor California living. A covered patio and low-maintenance yard make it easy to relax or entertain. Recent upgrades include new flooring, recessed lighting, fresh interior paint, a new HVAC system with a smart thermostat, and updated appliances. The 500-square-foot ADU offers an open-concept layout with a modern kitchen featuring stainless steel appliances, an in-unit washer and dryer, and a private yard, making it ideal for extended family, guests, a private office, or additional rental income. Conveniently located near Ventura Boulevard's restaurants, coffee shops, boutiques, and everyday shopping, nearby parks, schools, and the Orange Line bike path. This versatile property offers an ideal blend of comfortable living and income potential. The sellers are relocating and are sad to let this one go.

18424 Domino Street, Tarzana
$4,450,000
21 Beds ⋅ 21 Baths ⋅ 26832271 MLS ⋅ Active Status
18620 Burbank Blvd. presents an 11-unit, condo-quality multifamily asset in the heart of Tarzana, located 2 blocks north of Ventura Blvd. and approx. 0.3 miles from Tarzana Village. Offered at $4,450,000, the property combines 1988 construction, a larger-unit profile, and a walkable Valley location with direct access to one of Tarzana's most practical commercial corridors. Built in 1988, the property is not subject to Los Angeles rent control, subject to buyer verification. The unit mix is one of the property's strongest attributes, with (10) 2-bdrm. / 2-bath units and (1) 1-bdrm. / 1.5-bath townhouse-style unit. Select interiors are well maintained and feature stainless-steel appliances, granite countertops, recessed lighting, white cabinetry, fireplaces, private balconies, and a mix of hard-surface flooring and carpeted bedrooms. Ownership has completed approx. $122,700 in recent capital improvements, further supporting the property's turnkey profile. Major projects include a new roof, six new HVAC units, replacement of the hot water heater, common area LED lighting, replacement of the common area carpet, removal of the popcorn ceiling in the common areas, a new security camera system, and a new control board for the garage gate. The location strengthens the ownership story. Ventura Blvd. and Tarzana Village provide a practical mix of restaurants, cafes, markets, fitness uses, and daily-use services within walking distance, while Reseda Blvd. and the 101 Freeway connect residents throughout the San Fernando Valley. Providence Cedars-Sinai Tarzana Medical Center, located approx. 0.8 miles away, remains one of the area's most important employment anchors, reinforcing demand from healthcare workers, professional service employees, and long-term Valley residents. Additional long-term optionality may exist through a future condo conversion, supported by the property's larger 2-bdrm. / 2-bath layouts, private balconies, secured parking, and controlled-access configuration, subject to buyer verification. The combination of condition, layout, location, and rent-control positioning gives investors a practical long-term hold in one of the San Fernando Valley's most established residential pockets.

18620 Burbank Boulevard, Tarzana

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.