New - 3 days on Rocket
$10,000 Closing Credit¹
#SR25022243, Ben Salem, Listing Office: Compass
#SR24229286·
Listing Office: Keller Williams Coastal Properties·
Listing Agent: Esti Klaiman·
Listing Office Phone: 818-400-9949
$10,000
closing credit¹
5237 Melvin Ave Tarzana, CA 91356
$1,775,000 List price
$10,000
Closing credit¹
4 beds
3 full
2,029 sqft
0.4 acres
$875 / sqft
House
Property details
About 5237 Melvin Ave
Welcome to 5237 Melvin Ave, a luxurious 4-bedroom, 3-bathroom home nestled on a quiet cul-de-sac south of Ventura Blvd in Tarzana. Located in a highly sought-after neighborhood, this property is just moments from top-rated schools, parks, shopping, and dining options. Step inside to discover a brand-new kitchen with modern cabinets, quartz countertops, and stainless steel appliances, enhanced by warm engineered wood flooring and stylish recessed lighting throughout. The spacious primary suite offers a walk-in closet and updated ensuite with a glass-enclosed shower and dual vanities, while each additional bedroom is well-sized and bright. Outside, enjoy your private retreat with a sparkling pool (featuring new equipment), a cozy fire pit, and a large outdoor kitchen perfect for entertaining. The versatile garage can serve as a game room, office, entertainment space, or traditional parking and storage. With *paid solar panels* and upgraded landscaping, this property blends eco-friendly living with timeless elegance. Schedule your tour today and experience this exceptional Tarzana home firsthand!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,029 sqft
Lot size0.4213 Acres
Year built1959
MLS #SR24229286
Attached garage2 spaces
FireplaceFamily Room
ViewMountain(s), Neighborhood
Private poolYes
Summary
- MLS Number: SR24229286
- MLS Name: CRMLS
- Office Name: Keller Williams Coastal Properties
- Office Phone: (818) 400-9949
- Listing Agent: Esti Klaiman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,775,000
5237 Melvin Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2022 | Home Sold | $1,725,000 |
| Nov 13, 2015 | Home Sold | $900,000 |
| Jun 01, 2009 | Home Sold | $700,000 |
| Jul 22, 2005 | Home Sold | $985,000 |
| Jan 02, 2003 | Home Sold | $560,000 |
| Feb 09, 2001 | Home Sold | $260,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,759,500 | $21,627 |
| 2023 | $1,725,000 | $21,208 |
| 2022 | $1,003,964 | $12,151 |
| 2021 | $984,279 | $12,001 |
| 2020 | $974,187 | $11,646 |
| 2019 | $955,086 | $11,470 |
| 2018 | $936,360 | $11,219 |
| 2017 | $918,000 | $11,219 |
History based on county public records data.
Nearby schools
8
Wilbur Charter for Enriched Academics
Public Charter KG-5
0.9 mi
•5213 Crebs Ave
5
Tarzana Elementary
Public District KG-5
1.0 mi
•5726 Topeka Dr
4
Calvert Charter for Enriched Studies
Public Charter PK-5
1.1 mi
•19850 Delano St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,403. The most common annual income of people living in Tarzana, CA is less than $<35k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
22%
35k-100k
15%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
23%
Single, No Kids
8%
Single, with Kids
39%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding- Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom
Brooks Brothers
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5237 Melvin Ave
This home is located at 5237 Melvin Ave in Tarzana, CA and zip code 91356 in the Tarzana neighborhood. This 2,029 square foot home, which was built in 1959, sits on a 0.42 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $1,775,000.
Tarzana, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The number of homes for sale in Tarzana, CA increased by 20.1% between December and January 2025. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.