5701 Corbin Avenue, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 5 bath

5701 Corbin Avenue, Tarzana, California 91356 home-pic-0
ACTIVE$1,775,000
5701 Corbin Avenue, Tarzana, California 91356
5Beds
5Baths
1,906Sqft
17,001Lot
Year Built
1950
Close
-
List price
$1.77M
Original List price
$1.77M
Price/Sqft
$931
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25076
Home ConditionGood
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.77M(46th), sqft - 1906(22th), beds - 5(64th), baths - 5(70th).

Discover a place that truly feels like home in the heart of Tarzana's beloved Melody Acres. Tucked behind private gates on a wide, flat 17,001 sq ft lot, this property offers something incredibly rare: two separate homes, endless flexibility, and the kind of space that makes life feel calmer, easier, and more connected. The main house is a warm, inviting ranch-style home that instantly puts you at ease. With around 1,966 sq ft, it features 3 comfortable bedrooms and 2.5 beautifully updated bathrooms. The remodeled kitchen is one of those spaces where people naturally gather--complete with stainless steel appliances, double ovens, a wine fridge, and plenty of room to cook together. The living and dining areas are filled with natural light from a full wall of windows that look out to the spacious backyard. Step outside and you'll find patios perfect for long summer evenings and mature fruit trees that make the entire space feel like your own private retreat. The second home--a stunning two-story ADU--feels like a hidden sanctuary. With about 1,000 sq ft, it has its own entrance, its own yard, and its own sense of peace. Soaring ceilings, a cozy fireplace, hardwood floors, and French doors opening to a large wood deck create a true indoor-outdoor vibe. It offers 2 bedrooms and 2 updated bathrooms, plus a remodeled kitchen and laundry area. The upstairs bedroom, with its walk-in closet and added privacy, feels like a quiet getaway at the end of the day. What makes this property special is how versatile it is. The ADU is perfect for extended family, adult children, guests, or meaningful rental income. Investors will appreciate the space and potential to explore future development. And anyone looking for a sense of breathing room will love the grassy play areas, mature trees, and the option to relax or entertain in complete privacy. All of this is just a short walk from local restaurants, shops, and places people love spending time. You're also close to the Westfield Topanga Mall & The Village, schools, parks, and major freeways--everything you need, without giving up the peace and charm that makes Melody Acres so special. Homes like this don't come around often. It's more than a property--it's an opportunity to create the lifestyle you've been hoping for.

Price History

Date
Event
Price
12/01/25
Listing
$1,775,000
08/28/09
Sold
$540,000
09/29/06
Sold
$950,000
Condition Rating
Good

Despite being built in 1950, the property has undergone extensive and recent renovations, particularly in the kitchens and bathrooms of both the main house and the ADU. The description highlights 'remodeled kitchens' with stainless steel appliances, double ovens, and a wine fridge, and 'beautifully updated bathrooms.' The images confirm modern, high-quality updates in the bathroom (new tiling, glass shower, modern vanity) and show updated flooring (hardwood/wood-look) and lighting throughout the living areas and bedrooms. The overall aesthetic is fresh, clean, and move-in ready, indicating that major systems and finishes are well-maintained and functional, aligning with a 'Good' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17001, living area = 1906.
Exceptional Versatility with Dual Residences: The property features two separate homes (a main house and a stunning two-story ADU), offering unparalleled flexibility for multi-generational living, guest accommodation, or significant rental income.
Expansive and Private Lot: Tucked behind private gates on a wide, flat 17,001 sq ft lot, the property provides ample outdoor space, privacy, mature fruit trees, and grassy play areas.
Modernized Interiors and Amenities: Both the main house and ADU boast beautifully updated bathrooms and remodeled kitchens with modern appliances, including stainless steel, double ovens, and a wine fridge in the main house.
Prime Location in Melody Acres: Situated in the heart of Tarzana's beloved Melody Acres, the property offers convenient access to local restaurants, shops, Westfield Topanga Mall, schools, parks, and major freeways.
Significant Income and Investment Potential: The ADU is explicitly highlighted for its potential to generate meaningful rental income, and the large lot offers future development opportunities for investors.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Inconsistent Square Footage Reporting: The listed total square footage (1906 sq ft) appears to significantly understate the combined living space described (approx. 2966 sq ft for main house and ADU), which could cause buyer confusion or misrepresentation.
Age of Primary Structure: Built in 1950, the main house, despite recent updates, may have underlying older systems or structural components that could require future maintenance or upgrades not explicitly detailed.
Absence of Scenic Views: The property explicitly states 'view: None,' which may be a drawback for buyers seeking desirable scenic views, often a premium feature in the California market.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state