5923 Corbin Avenue

Tarzana, CA 91356

About this property

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!

About this property

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!

Features and Additional Information

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$2,670,000 Active
2,753 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
TruLine Realty
1-323-389-5432
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Area Information

WHLL Woodland Hills | Los Angeles County |

$ 2,670,000
This listing is play_arrow 345.4% higher than the average in the area
$ 599,450 in the area
2,753 SqFt
This listing is play_arrow 113.7% larger than the average in the area
1,289 SqFt in the area
$ 970 $/SqFt
This listing is play_arrow 105.9% more than the average in the area
$ 471 $/SqFt in the area
63 days on site
This listing is play_arrow 27.2% below the average in the area
87 days on site in the area

Schools in the Area

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Listed By Nava Lavian
Brokerage: TruLine Realty

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