Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,753 sqft

Lot size

18,018 sqft

Year built

1949

Stories

0

Heating

Central

Cooling

Central Air

View

None

Status

Active

Days on market

57

MLS #

246625202

About this property

Fantastic Investment Opportunity in Melody Acres. Strong Income Potential! Discover incredible value and endless flexibility on over 18,000 square feet of land! This rare gated property features a renovated main house plus two fully independent extra guest homes (ADUs) giving you total freedom to generate steady rental income, house extended family, or set up a quiet work-from-home space. *Main House (1,795 sqft): 3 Bedrooms | 3 Bathrooms. Bright, sun-filled living spaces and an updated kitchen with modern cabinets and stone counters.** Rental Unit #1 (590 sqft): 1 Bedroom | 1 Bathroom. Includes a complete kitchenette and sliding glass doors that open right onto a private deck and dining area.***Rental Unit #2 (400 sqft): 1 Bedroom | 1 Bathroom. Cozy unit with its own private entrance and patio-ideal for tenant income, a private office, or a studio. Outdoor Amenities: A resort-style backyard complete with a UV pool, spa, lush green lawns, and shady trees. Huge Future Upside: A lot split is already in progress, opening the door for future land division or development to add even more value down the road. Delivered completely vacant at the close of escrow. Ready for your vision or new tenants from day one!

Location

5923 Corbin Avenue

Tarzana, Los Angeles, CA, 91356