5500 Melvin, Tarzana, CA 91356
5500 Melvin, Tarzana, CA 91356
5500 Melvin, Tarzana, CA 91356
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$1,800,000
Est. payment /mo
0.46 Acres Lot
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Open House

Sun Jul 26, 12:00pm - 4:00pm

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26141647

Lot Size 0.460 Acres

Property Sub-Type Lots/Land

Property Description

Rare opportunity to acquire an approximately 20,035 SF private flag lot in one of Tarzanas 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 sites 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.

Location

State CA

County Los Angeles

Direction use google maps

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 2164016023

Acceptable Financing Cash

Listing Terms Cash


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MLS Router / San Diego MLS
Listed by James Becker, DRE#01422745 Luxury 1 Agency 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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5500 Melvin