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5320 Otis Ave, Tarzana, CA 91356

List Price: $1,875,000On Market FlagOn market
Jul 10, 20242,834 sqft5 beds3 baths
Listed by: Michael Libow
License #: 00863172
Phone #: 310-691-7889
Compass
Source:
CRMLS Logo
MLS #: 24414003

Property Description

Priced to sell! Prime Tarzana 5-Bedroom Entertainer's Pool Home South of the Blvd. Don't miss this incredible opportunity to own a beautifully maintained, move-in-ready 5-bedroom, 3-bath home in one of Tarzana's most desirable South of the Boulevard locations with everything you need steps away. This meticulously cared-for home features high ceilings, rich hardwood floors, and an open, inviting layout. The dramatic two-story living room with stacked-stone fireplace flows seamlessly to the dining area and spacious family room, all centered around an absolutely stunning, designer-remodeled chef's kitchen outfitted with top-tier stainless appliances and custom finishes. Step outside to your own private resort-style yard: a lush, extra-deep entertainer's paradise with a sparkling gated pool and spa, sprawling turf lawn, a charming cabana, and mature bougainvillea hedges creating ultimate privacy. Upstairs, you'll find four generously sized bedrooms, including a lovely primary retreat with its own sitting room, double-sided fireplace, walk-in closet, and luxurious spa-inspired bath with dual vanities. A downstairs bedroom with full bath offers perfect flexibility for multigenerational living, guests, or a private office. Other highlights include direct-access two-car garage, ample storage, and dual HVAC systems. Best of all, you'll be just steps from the endless dining, shopping, and amenities of Ventura Boulevard. Highly regarded public and private schools, houses of worship, and easy freeway access for unbeatable convenience. If you've been waiting for the perfect Tarzana home at the right price, this is your moment.
Assignment
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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

$28,812

TurboHome Estimated Value

$1,897,900

$670 sqft

High Valuation
$1,992,795
$703/sqft
Normal Valuation
$1,897,900
$670/sqft
Low Valuation
$1,803,005
$636/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$670/sqft$1,897,900

Neighborhood: Encino

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Comparative Value

$1.31M

$1.65M

$1.75M

$1.88M

$1.98M

18218 Hatteras St, Tarzana, CA 91356

Sale Price: $1,315,000

Selected Comparable

5715 Bertrand Ave, Encino, CA 91316

Sale Price: $1,650,000

Selected Comparable

18202 Rancho St, Tarzana, CA 91356

Sale Price: $1,750,000

Selected Comparable

4951 Zelzah Ave, Encino, CA 91316

Sale Price: $1,760,000

Selected Comparable

5320 Otis Ave, Tarzana, CA 91356

List Price: $1,875,000

Subject Property

17735 Palora St, Encino, CA 91316

Sale Price: $1,975,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5320 Otis Ave, Tarzana, CA 91356

5320 Otis Ave, Tarzana, CA 91356

List: $1,875,000

Listed: 7/10/2024

Area:2,834 sqft
Price/sqft:$662
Beds:5
Baths:3
Year Built:
Lot Size:7,478

Comparable Properties

COMPARABLE
Choose comps
18202 Rancho St, Tarzana, CA 91356

18202 Rancho St, Tarzana, CA 91356

Sale: $1,750,000

6/12/20250.80 mi

Area:3,425 sqft
Price/sqft:$511
Beds:5
Baths:4
Year Built:
Weight:21.8%
17735 Palora St, Encino, CA 91316

17735 Palora St, Encino, CA 91316

Sale: $1,975,000

10/2/20241.03 mi

Area:2,927 sqft
Price/sqft:$675
Beds:4
Baths:3
Year Built:
Weight:21.0%
18218 Hatteras St, Tarzana, CA 91356

18218 Hatteras St, Tarzana, CA 91356

Sale: $1,315,000

10/16/20240.67 mi

Area:2,507 sqft
Price/sqft:$525
Beds:4
Baths:3
Year Built:
Weight:20.1%
4951 Zelzah Ave, Encino, CA 91316

4951 Zelzah Ave, Encino, CA 91316

Sale: $1,760,000

12/5/20240.87 mi

Area:2,360 sqft
Price/sqft:$746
Beds:4
Baths:3
Year Built:
Weight:18.7%
5715 Bertrand Ave, Encino, CA 91316

5715 Bertrand Ave, Encino, CA 91316

Sale: $1,650,000

12/30/20240.74 mi

Area:2,262 sqft
Price/sqft:$729
Beds:4
Baths:3
Year Built:
Weight:18.4%

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