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$1,699,000
SB26141647 MLS
Rare opportunity to acquire an approximately 20,035 SF private flag lot in one of Tarzana’s most desirable hillside neighborhoods, offering exceptional privacy and panoramic Valley views. The property is being created through a pending SB 9 subdivision, with the Final Parcel Map currently in the process of recordation. The Seller has invested significant time and expense evaluating the development potential of the property and has prepared a comprehensive Offering Memorandum containing a preliminary development study, conceptual photorealistic renderings, topographic survey, financial opportunity analysis, parcel map information, and other property data. The conceptual renderings illustrate the potential for an approximately 4,000 SF contemporary luxury residence with an ADU, infinity-edge pool, expansive indoor-outdoor living spaces, and breathtaking Valley views (subject to Buyer verification and governmental approvals). The development concept has been thoughtfully prepared to take advantage of the site’s topography, privacy, and exceptional view corridor. Ideal for a luxury home builder, developer, investor, or owner-user seeking to create a signature hillside estate in a premier Tarzana location. The comprehensive Offering Memorandum is available upon request. Buyer to independently verify all information regarding lot size, subdivision status, zoning, development potential, utilities, easements, grading requirements, permits, and governmental approvals.

5500 Melvin, Tarzana
$840,000
SR26127890 MLS
Here is a rare opportunity to build your dream home! This lot is situated among custom built multi-million dollar estate homes; on one side of the street it is Encino and the other side is Tarzana. This vacant lot is over 1.1 acre in size with plenty of space to build, and offers a gorgeous panoramic view. The property features a combination of flat and hilly terrain with significant development potential. As the site previously hosted a residence, utility reconnections for water and power are expected to be straightforward, potentially reducing initial construction costs. This is a rare opportunity to construct a bespoke hilltop residence in a highly sought-after area. You will feel like a king or a queen living on top of the hill. To provide a better understanding of the land's potential, the owner can show plans and blueprints for a three-story residence. Notably, these designs include an indoor pool located on the first level. Conveniently located south of Ventura Blvd, with access to the finest restaurants, shopping, and entertainment options the area has to offer. It is also centrally located near great schools, and is commuter friendly to freeway access. Bring your contractor, and build your future home! Please call for a showing; the seller is motivated, so bring your offer.

4551 Lindley Avenue, Tarzana

Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.