ActiveSingleFamilyResidence

5456 Vanalden

Tarzana, CA, 91356

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$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

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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
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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.

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