5826 Corbin AVE TARZANA CA 91356 MLS #SB21131174MR

5826 Corbin AVE
TARZANA, CA, 91356
$900,000
1 Beds
1 Baths
624 SqFt
1 Acres
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We are pleased to present 5826 Corbin Ave, Tarzana. This offering represents an incredibly rare development opportunity on an oversized, 22,250 square foot lot in the ever popular – and rapidly growing – Melody Acres neighborhood in Tarzana. This Flat Lot parcel is Zoned A1 and is perfect for a Buyer looking to build their Dream Estate from the ground up. That said, it’s also priced in accordance to appeal to the Developer aiming to turn and burn with a Short Term hold. To that end, there’s no question that Residential Development appeal has zeroed in on this vastly appreciating Los Angeles community, and it’s easy to understand why: Based on MLS Data of sold SFR’s within a half mile radius of the subject property, the submarket grew by a whopping 14.91% increase in Median Price/SF in 2020… and if it has double down in the first half 2021 with an 8.19% increase before the end of June (annualized at over 16%). This strategically positioned parcel in the heart of the San Fernando Valley is steps away from the bustling Ventura Boulevard, and – more generally – sits in close range of the 101 Freeway and the various Employment Hubs including, but not limited to, Burbank Studios. All said, Melody Acres is one of the last few neighborhoods in the valley to offer the luxury and juxtaposition of personal space and business. From a Demographic perspective, the M

Property Details

Price:
$900,000
MLS #:
SB21131174MR
Status:
Sold ((Jun 17, 2021))
Beds:
1
Baths:
1
Address:
5826 Corbin AVE
Type:
Single Family
City:
TARZANA
Listed Date:
Jun 16, 2021
State:
CA
Finished Sq Ft:
624
ZIP:
91356
Lot Size:
22,250 sqft / 1.00 acres (approx)
Year Built:
1925
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Schools

Interior

Cooling
None
Heating
None
Laundry
Gas Dryer Hookup
Pets
N/ A

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Community Features
Curbs, Hiking, Gutters, Park, Sidewalks, Valley
Parking Garage
Private, R V Access, Uncovered
Pool Description
None
Spa
None

Financial

Land Lease Type
Fee

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Jane Peters

Jane Peters

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Phone 310 351-9208

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Courtesy of Joshua Barut at Lyon Stahl Investment Real Estate, Inc.. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-04-28.
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5826 Corbin AVE
TARZANA, CA
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