5500 Melvin
Tarzana, CA 91356
20,025Sqft(Lot)
Rare opportunity to acquire an approximately 20,035 SF private flag lot in one of Tarzana’s most desirable hillside neighborhoods, offering exceptional privacy and panoramic Valley views. The property is being created through a pending SB 9 subdivision, with the Final Parcel Map currently in the process of recordation. The Seller has invested significant time and expense evaluating the development potential of the property and has prepared a comprehensive Offering Memorandum containing a preliminary development study, conceptual photorealistic renderings, topographic survey, financial opportunity analysis, parcel map information, and other property data. The conceptual renderings illustrate the potential for an approximately 4,000 SF contemporary luxury residence with an ADU, infinit
Property Details
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Map
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4597 -
Lot Size Source: Assessor Lot Size Square Feet: 20025
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Listing Price Information
Original List Price: 1,900,000 Listing Contract Date: 2026-06-29 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2164016023
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Other Property Info
Source Listing Status: Active Source Neighborhood: TAR - Tarzana Directions: use google maps Source Property Type: Land Area: TAR - Tarzana
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4551 Lindley Avenue, Tarzana, CA, 91356 | $840,000 | -- | -- | -- | 48,224 Sqft(Lot) |
| 4491 La Barca Dr, Tarzana, CA, 91356 | $399,999 | -- | -- | -- | 44,043 Sqft(Lot) |
| 4874 Palo Drive, Tarzana, CA, 91356 | $1,575,000 | -- | -- | -- | 30,104 Sqft(Lot) |
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ByOwner last updated this listing 07/03/2026 @ 16:10
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