5220 Melvin Avenue
Tarzana, CA, 91356
$1,899,999
MLS: 26671043
Beds
5
Baths
4
Sq Ft
3,974
Lot
0.45 ac
Year Built
1956
MLS #
26671043
Days on Market
18
Listed
Mar 30, 2026
Description
Enchanting storybook home, nestled on a peaceful, tree-lined street, seamlessly blends modern updates with timeless charm. Set on nearly 20,000 sqft, the property offers exceptional curb appeal with five spacious bedrooms, four bathrooms, a half-circle driveway, and mature landscaping, creating a private paradise. Inside, the contemporary traditional design radiates natural warmth, featuring custom White Oak flooring, recessed lighting, a cozy fireplace, and a stylish bar area bathed in abundant natural light. The expansive dining room, with an additional nook and grand fireplace, is perfect for entertaining. The chef's kitchen offers generous cabinetry, countertop space, a breakfast area, breakfast bar, and high-end stainless steel appliances. The primary retreat is a true sanctuary with vaulted ceilings, a private balcony, a spacious walk-in closet with custom cabinetry, and an en suite bathroom with a rainfall shower, Jacuzzi tub, skylight, and double vanity. The backyard is an oasis, with an oversized pool, waterfall Jacuzzi, charming cabana, and an outdoor kitchen with a grill and sink ideal for al fresco dining and entertaining. The expansive lawn provides endless possibilities for recreation including Tennis Court and space for a potential 2,300 sqft ADU (buyer to verify). Additional features corner lot including a side driveway leading to the bottom level, an attached two-car garage, an expansive side yard, a dedicated laundry room, and central AC/heat. Conveniently located near trendy restaurants, shopping, and amenities such as The Village, Cedars-Sinai, Whole Foods, and Equinox, with easy access to the 101 Freeway, this home offers the perfect balance of privacy, luxury, and convenience. Prepare to be amazed. *Some photos are Virtually Staged both Interior and Exterior including Tennis Court* The Property is being Sold As-Is.
Location
Tarzana, Los Angeles County, CA 91356
Open on Google Maps ↗Listed by: Michael Gholian · Keller Williams Beverly Hills
Payment estimate
$13,498
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $190,000 · Loan: $1,709,999
- Principal & Interest
- $10,507
- Property tax (1.25%)
- $1,979
- Homeowners insurance
- $300
- Mortgage insurance
- $712
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Tarzana home with as little as 3.5% down using an FHA loan — roughly $66,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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