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5500 Melvin, Tarzana, CA 91356

$1,699,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

James Becker | jimbecker123@gmail.com
Lic#: 01422745
Broker: Courtesy of Luxury 1 Agency
Phone: 310-999-6060

Agent Remarks

Rare opportunity to acquire an approximately 20,035 SF private flag lot in one of Tarzana’s most desirable hillside neighborhoods, offering exceptional privacy and panoramic Valley views. The property is being created through a pending SB 9 subdivision, with the Final Parcel Map currently in the process of recordation. The Seller has invested significant time and expense evaluating the development potential of the property and has prepared a comprehensive Offering Memorandum containing a preliminary development study, conceptual photorealistic renderings, topographic survey, financial opportunity analysis, parcel map information, and other property data. The conceptual renderings illustrate the potential for an approximately 4,000 SF contemporary luxury residence with an ADU, infinity-edge pool, expansive indoor-outdoor living spaces, and breathtaking Valley views (subject to Buyer verification and governmental approvals). The development concept has been thoughtfully prepared to take advantage of the site’s topography, privacy, and exceptional view corridor. Ideal for a luxury home builder, developer, investor, or owner-user seeking to create a signature hillside estate in a premier Tarzana location. The comprehensive Offering Memorandum is available upon request. Buyer to independently verify all information regarding lot size, subdivision status, zoning, development potential, utilities, easements, grading requirements, permits, and governmental approvals.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# SB26141647

List price is $1,699,000 Reduced by $101,000 on 9/2/2026

Price: $1,699,000

HOA Fee is $0.00

Beds: 0

Baths: 0

0.46 acres

Lot size: 0.4597

County: Los Angeles

Lot description: ZeroToOneUnitAcre

MLS area: TAR - Tarzana

Last Updated: 9/2/2026

Days On Market (DOM): 135

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This listing belongs to the TAR - Tarzana MLS area

Lat/Long: 34.170911, -118.558748.
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