5456 Vanalden
Tarzana, CA, 91356
$2,200,000
MLS: GD26070716
Beds
3
Baths
3
Sq Ft
2,545
Lot
0.70 ac
Year Built
1953
MLS #
GD26070716
Days on Market
1
Listed
Apr 2, 2026
Description
Located in a highly desirable pocket of Tarzana, this rare property offers an exceptional opportunity for investors, builders, or end-users looking to create a custom estate on a 30,394 sq ft lot. The existing improvements include a 2,545 sq ft main residence featuring 3 bedrooms and 3 bathrooms, along with a detached 1-bedroom, 1-bathroom guest house and a large private pool. The property is in need of repairs and is being sold primarily for land value. Surrounded by a neighborhood experiencing strong redevelopment, many nearby properties are being torn down and replaced with new luxury construction, with nearby homes selling for north of $5.5 million, supporting significant upside potential. The expansive, usable lot provides ample space for new development, expansion, or a complete reimagination of the property. Opportunities like this are becoming increasingly difficult to find—large, usable lots in Tarzana with redevelopment momentum are extremely limited. Conveniently located near Ventura Blvd, shopping, dining, and with easy access to major freeways, this property presents a unique chance to invest, build, or create a dream home in one of the Valley’s most sought-after neighborhoods.
Location
Tarzana, Los Angeles County, CA 91356
Open on Google Maps ↗Listed by: David De Anda · Las Casas Realty, Inc.
Payment estimate
$15,582
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $220,000 · Loan: $1,980,000
- Principal & Interest
- $12,165
- Property tax (1.25%)
- $2,292
- Homeowners insurance
- $300
- Mortgage insurance
- $825
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 $77,000 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.
Similar Homes Nearby
Active and pending listings in ZIP 91356 (Tarzana) within ±10% of this home's price and size.
$1,995,000
3970 Ellenita Avenue
Tarzana, 91356
$1,999,000
5433 Shirley Avenue
Tarzana, 91356
$1,999,950
4676 Arriba Drive
Tarzana, 91356
$2,150,000
4830 Hasekian Drive
Tarzana, 91356
$2,195,000
19029 Sprague Street
Tarzana, 91356
$2,200,000
5255 Melvin
Tarzana, 91356
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.