Active

5500 Melvin

Tarzana, CA 91356
Mark as Favorite
SqFt20,025

Sqft(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, inf inity-edge pool, expansive indoor-outdoor living spaces, and breathtaking Valley views (subject to Buyer verification and governmental approvals). The development concept has been thoughtfully prepared to take advantage of the site’s topography, privacy, and exceptional view corridor. Ideal for a luxury home builder, developer, investor, or owner-user seeking to create a signature hillside estate in a premier Tarzana location. The comprehensive Offering Memorandum is available upon request. Buyer to independently verify all information regarding lot size, subdivision status, zoning, development potential, utilities, easements, grading requirements, permits, and governmental approvals.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $1,800,000

AD Id : 87069336

MLS Id : SB26141647

Lot Size : 20,025 Sqft(Lot)

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Lot Information

    Main Square Feet: 20025 Lot Size Acres: 0.4597 Lot Size Source: Assessor Lot Size Square Feet: 20,025 Lot Description: ZeroToOneUnitAcre

  • Listing Price Information

    Listing Price: $1800000
    Original Price: $1900000
    Cash, CashToNewLoan, SubjectToOther

  • Tax Information

    Parcel Number: 2164016023 Tax Lot: 8 Tax Block: 22869

  • Location Information

    Direction: use google maps WaterSource: Public
Sell a home like this and save $107,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

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)
4631 Caritina, Tarzana, CA, 91356 $3,499,000 -- -- -- 205,385 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/17/2026 @ 23:44

MLS: SB26141647 LISTED BY: James Becker, Luxury 1 Agency 888-217-4448 SOURCE: CRMLS

Homes around $1,800,000

Selling? Save $107,501 when you sell a home like this

Tour with a ByOwner Agent