RENTED AUG 29, 2025

5237 Melvin Ave Tarzana, CA 91356

Estimated Value: $1,730,000 - $1,853,000

4 Beds
3 Baths
2,029 Sq Ft
$891/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $1,725,000 $850 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,316/month

Highlights

  • Private Pool
  • Valley View
  • Game Room
  • Primary Bedroom Suite
  • No HOA
  • Home Office

About This Home

As of August 2025

Now available for lease! This beautifully updated Tarzana home offers the perfect combination of comfort, style, and functionality. Featuring 4 bedrooms and 3 bathrooms, the layout includes a spacious master suite, 2 additional bedrooms, and a separate guest suite—ideal for flexible living.
Enjoy a newly remodeled kitchen with modern finishes, recessed lighting, wood floors, and an open floor plan that flows effortlessly through the home. The upgrades continue with a **solar system** for energy efficiency and a finished garage that can be used as a bonus space, gym, or office.
Step outside into a private oasis-style backyard complete with a sparkling pool, a large built-in BBQ area, and a covered patio—perfect for outdoor entertaining and relaxing.
Located in a prime Tarzana neighborhood close to shopping, dining, schools, and freeway access, this is a rare opportunity to lease a move-in-ready home with exceptional indoor and outdoor amenities.

**Seller may consider selling—submit your offer!**

Last Agent to Rent the Property

Esti Klaiman Ron & Esti Fine Home

Keller Williams Luxury Brokerage Phone: 818-400-9949 License #02063479 Listed on: 07/07/2025

Keller Williams Luxury

Last Renter's Agent

Esti Klaiman Ron & Esti Fine Home

Keller Williams Luxury Brokerage Phone: 818-400-9949 License #02063479 Listed on: 07/07/2025

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 18,351 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARA

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,029 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Game Room
  • Valley Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,500
  • 12-Month Minimum Lease Term
  • Available 8/1/25
  • Tax Lot 7
  • Tax Tract Number 20484
  • Assessor Parcel Number 2164019021

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.42 Acres

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-08-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7500
  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: LARA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2164019021
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2029.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3.70
  • Room Type: Family Room, Game Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office

Exterior Features

  • View: Valley
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18351.00
  • Lot Size Acres: 0.4213

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, Negotiable
  • Lot Size Area: 18351.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1394.02
  • Tax Lot: 7
  • Tax Tract Number: 20484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Cohen Nelson and Cohen Bella
Bought by
Gilberta Investment Group Llc
Current Estimated Value
$1,808,611

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 19, 2015
Sold by
Mitilian Raffi Garo and Mitilian Elizabet Oganyan
Bought by
Lloyd Benjamin and Lloyd Stephanie
Seller's Agent
Jackie Ovsepyan
Coldwell Banker Realty
List Price
$919,000
Sold Price
$900,000
Premium/Discount to List
-$19,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$720,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Us Bank National Association
Bought by
Mitilian Raffi Garo and Oganyan Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Shoshani Sigal
Bought by
Us Bank Na and First Franklin Mortgage Loan Trust Mortg

Purchase Details

Closed on
Jul 5, 2005
Sold by
Shoshani Omid
Bought by
Shoshani Sigal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2005
Sold by
Marks Cory and Friedman Denise
Bought by
Shoshani Sigal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2004
Sold by
Friedman Denise
Bought by
Marks Cory and Friedman Denise

Purchase Details

Closed on
Nov 6, 2003
Sold by
Marks Cory and Friedman Denise
Bought by
Friedman Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 2002
Sold by
Wilson Fred A
Bought by
Friedman Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.96%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Webb Jane Marie
Bought by
Wilson Fred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gilberta Investment Group Llc -- None Listed On Document
Lloyd Benjamin $900,000 Equity Title
Mitilian Raffi Garo $700,000 Lsi Title Fnds Division
Us Bank Na $665,970 Accommodation
Shoshani Sigal -- California Title Company
Shoshani Sigal $985,000 --
Marks Cory -- --
Friedman Denise -- Fidelity National Title
Friedman Denise $560,000 Investors Title Company
Wilson Fred A $260,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lloyd Benjamin $720,000
Previous Owner Mitilian Raffi Garo $560,000
Previous Owner Shoshani Sigal $197,000
Previous Owner Shoshani Sigal $788,000
Previous Owner Friedman Denise $100,000
Previous Owner Friedman Denise $448,000
Previous Owner Wilson Fred A $332,000
Closed Friedman Denise $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 Rented $7,500 0.0% --
08/19/2025 08/19/25 Price Changed $7,500 -5.1% $4 / Sq Ft
07/28/2025 07/28/25 Price Changed $7,900 -8.1% $4 / Sq Ft
07/07/2025 07/07/25 For Rent $8,600 -4.4% --
07/01/2024 07/01/24 For Rent $9,000 0.0% --
06/28/2024 06/28/24 Under Contract -- -- --
06/28/2024 06/28/24 Rented $9,000 0.0% --
07/01/2022 07/01/22 Sold $1,725,000 +4.5% $850 / Sq Ft View Prior Sale
05/20/2022 05/20/22 Pending -- -- --
05/15/2022 05/15/22 Price Changed $1,650,000 -5.7% $813 / Sq Ft
04/29/2022 04/29/22 For Sale $1,750,000 +94.4% $862 / Sq Ft
11/13/2015 11/13/15 Sold $900,000 -2.1% $433 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $919,000 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,628 $1,794,690 $1,435,752 $358,938
2024 $21,628 $1,759,500 $1,407,600 $351,900
2023 $21,209 $1,725,000 $1,380,000 $345,000
2022 $12,152 $1,003,964 $803,172 $200,792
2021 $12,002 $984,279 $787,424 $196,855
2019 $11,646 $955,086 $764,069 $191,017
2018 $11,471 $936,360 $749,088 $187,272
2016 $10,948 $900,000 $720,000 $180,000
2015 $9,162 $750,034 $513,990 $236,044
2014 $9,199 $735,343 $503,922 $231,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25152009

California Regional Multiple Listing Service (CRMLS)

APN: 2164-019-021

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