$2,670,000
Original list price: $2,700,000
MLS: 26876899
Beds
5
Baths
5
Sq Ft
2,753
Lot
0.41 ac
Year Built
1949
MLS #
26876899
Days on Market
60
Listed
Aug 25, 2026
Description
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
Tarzana, Los Angeles County, CA 91356
Open on Google Maps ↗Listed by: Nava Lavian · TruLine Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$20,589
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $267,000 · Loan: $2,403,000
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $16,507
- Property tax (1.25%)
- $2,781
- Homeowners insurance
- $300
- Mortgage insurance
- $1,001
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $93,450 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
See Tarzana, CA 91356 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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