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5701 Corbin Ave, Tarzana, CA 91356

List Price: $1,400,000On Market FlagOn market
Jul 31, 20253,439 sqft5 beds5 baths
Listed by: Steve Dempster
License #: 01855591
Phone #: 818-827-7151
Harcourts Cornerstone Realty Group
Source:
CRMLS Logo
MLS #: OC25163399

Property Description

Luxury Live Auction! Bidding to start from $1,400,000! Welcome to a truly unique and versatile estate in the highly sought-after Melody Acres neighborhood of Tarzana. Privately gated and set on an expansive 17,001 sq ft flat lot, this well-maintained property features two detached homes—offering incredible flexibility for multi-generational living, rental income, or potential development. The main residence is a charming ranch-style home with approximately 1,976 sq ft (per contractor, buyer to verify), featuring 3 spacious bedrooms and 2.5 updated bathrooms. A fully remodeled kitchen is the centerpiece of the home, outfitted with stainless steel appliances including a refrigerator, electric double oven, gas range, dishwasher, wine cooler, dual sinks, and in-unit washer/dryer. The formal living and dining rooms showcase hardwood floors, natural light, and a wall of windows that open to a serene patio and lush yard filled with mature fruit trees—ideal for entertaining and everyday relaxation. The rear home is a beautifully finished 2-bedroom, 2-bathroom ADU, approximately 1,463 sq ft (per contractor, buyer to verify), offering complete privacy with its own entrance, backyard, and storage space. The interior impresses with soaring ceilings, a fireplace, skylight, hardwood flooring, and French doors that open to a spacious wood deck for seamless indoor-outdoor living. The upstairs bedroom includes a walk-in closet and peaceful treetop views. Both residences are designed with privacy and functionality in mind, offering a combined estimated 3,439 sq ft of living space (per contractor). The expansive grounds include grassy areas, mature landscaping, and ample room for entertaining, play, or future customization. All of this is located just minutes from The Village at Westfield Topanga, shops, restaurants, parks, colleges, houses of worship, and convenient freeway access. Don’t miss this exceptional opportunity to own a one-of-a-kind compound in the heart of Melody Acres—with space, privacy, and limitless potential.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$35,616

TurboHome Estimated Value

$1,887,200

$549 sqft

High Valuation
$1,981,560
$576/sqft
Normal Valuation
$1,887,200
$549/sqft
Low Valuation
$1,792,840
$521/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$549/sqft$1,887,200

Neighborhood: Woodland Hills

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Comparative Value

$1.40M

$1.59M

$1.78M

$2.06M

$2.37M

5701 Corbin Ave, Tarzana, CA 91356

List Price: $1,400,000

Subject Property

5912 Penfield Ave, Woodland Hills, CA 91367

Sale Price: $1,590,000

Selected Comparable

20327 Alerion Pl, Woodland Hills, CA 91364

Sale Price: $1,785,000

Selected Comparable

5955 Oakdale Ave, Woodland Hills, CA 91367

Sale Price: $1,800,000

Selected Comparable

20217 Wells Dr, Woodland Hills, CA 91364

Sale Price: $2,065,000

Selected Comparable

5155 Del Moreno Dr, Woodland Hills, CA 91364

Sale Price: $2,365,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5701 Corbin Ave, Tarzana, CA 91356

5701 Corbin Ave, Tarzana, CA 91356

List: $1,400,000

Listed: 7/31/2025

Area:3,439 sqft
Price/sqft:$407
Beds:5
Baths:5
Year Built:
Lot Size:17,001

Comparable Properties

COMPARABLE
Choose comps
5912 Penfield Ave, Woodland Hills, CA 91367

5912 Penfield Ave, Woodland Hills, CA 91367

Sale: $1,590,000

6/27/20250.46 mi

Area:3,517 sqft
Price/sqft:$452
Beds:5
Baths:4
Year Built:
Weight:21.6%
5155 Del Moreno Dr, Woodland Hills, CA 91364

5155 Del Moreno Dr, Woodland Hills, CA 91364

Sale: $2,365,000

2/13/20251.12 mi

Area:3,702 sqft
Price/sqft:$639
Beds:5
Baths:5
Year Built:
Weight:21.0%
20217 Wells Dr, Woodland Hills, CA 91364

20217 Wells Dr, Woodland Hills, CA 91364

Sale: $2,065,000

7/7/20251.13 mi

Area:3,634 sqft
Price/sqft:$568
Beds:5
Baths:4
Year Built:
Weight:20.2%
20327 Alerion Pl, Woodland Hills, CA 91364

20327 Alerion Pl, Woodland Hills, CA 91364

Sale: $1,785,000

1/15/20251.27 mi

Area:3,379 sqft
Price/sqft:$528
Beds:5
Baths:4
Year Built:
Weight:18.7%
5955 Oakdale Ave, Woodland Hills, CA 91367

5955 Oakdale Ave, Woodland Hills, CA 91367

Sale: $1,800,000

1/31/20250.36 mi

Area:3,881 sqft
Price/sqft:$464
Beds:5
Baths:4
Year Built:
Weight:18.5%

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