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5237 Melvin Ave

Tarzana, CA 91356

4 bd 3 ba 2,029 sqft Built 1959 Lot 18,345 sqft single_family
Most recent sale
$1,725,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2025 Listing removed $7,500 CRMLS
Aug 19, 2025 Price changed for rent $7,500 CRMLS
Jul 29, 2025 Price changed for rent $7,900 CRMLS
Jul 26, 2025 Listed for rent $8,600 Reallyo
Jul 21, 2025 Listed for rent $8,600 Reallyo
Jul 9, 2025 Listed for rent $8,600 Reallyo
Jul 8, 2025 Listed for rent $8,600 CRMLS
May 2, 2025 Listing removed $8,500 CRMLS
Apr 28, 2025 Listed for rent $8,500 Reallyo
Apr 27, 2025 Listed for rent $8,500 CRMLS
Apr 5, 2025 Relisted $1,775,000 CRMLS
Jan 8, 2025 Relisted $1,775,000 CRMLS
Nov 7, 2024 Listed $1,675,000 CRMLS
Jul 2, 2024 Listing removed $9,000 CRMLS
Jul 1, 2024 Listed for rent $9,000 CRMLS
Jun 12, 2024 Price changed $1,725,000 CRMLS
Apr 10, 2024 Listed $1,775,000 CRMLS
Aug 21, 2023 Listing removed CRMLS
Aug 20, 2023 Listed $1,749,000 CRMLS
Aug 17, 2023 Listing removed CRMLS
Aug 16, 2023 Listed $1,749,000 CRMLS
Jul 1, 2022 Sold $1,725,000 Public Record
May 15, 2022 Price changed $1,650,000 MLS #22-150987
Apr 29, 2022 Listed $1,750,000 MLS #22-150987
Oct 19, 2018 Listing removed $899,000 CRISNET
Nov 17, 2015 Sold $900,000 MLS #SR15201877
Sep 12, 2015 Listing removed $899,000 CRISNET
Sep 12, 2015 Price changed $899,000 MLS #SR15201877
Sep 11, 2015 Listed $899,000 MLS #300987016
Aug 28, 2015 Price changed $899,000 MLS #SR15098236
May 7, 2015 Listed $919,000 MLS #SR15098236
Jun 1, 2009 Sold $700,000 Public Record
Jun 30, 2008 Listing removed $1,100,000 CRISNET
Jan 29, 2008 Listed $1,100,000 MLS #F1752776
Jul 20, 2005 Sold $985,000 MLS #FR1981391
May 26, 2005 Listed $999,000 MLS #FR1981391
Jan 2, 2003 Sold $560,000 Public Record
Feb 9, 2001 Sold $260,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $358,938 $1,435,752 $1,794,690 $21,896
2024 $358,938 $1,435,752 $1,794,690 $21,627
2023 $345,000 $1,380,000 $1,725,000 $21,208
2022 $200,792 $803,172 $1,003,964 $12,151
2021 $196,855 $787,424 $984,279 $12,002
2020 $194,837 $779,350 $974,187 $12,120
2019 $191,017 $764,069 $955,086 $11,646
2018 $187,272 $749,088 $936,360 $11,471
2017 $183,600 $734,400 $918,000 $11,220
2016 $180,000 $720,000 $900,000 $10,948
2015 $236,044 $513,990 $750,034 $9,162
2014 $231,421 $503,922 $735,343 $9,199
2013 $215,000 $470,000 $685,000 $8,623
2012 $199,000 $434,000 $633,000 $8,229
2010 $219,777 $478,563 $698,340 $9,096
2009 $156,400 $430,100 $586,500 $7,469
2008 $204,958 $819,835 $1,024,793 $12,504
2007 $200,940 $803,760 $1,004,700 $12,502

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,029 sqft
Lot size
18,345 sqft
ZIP code
91356
City
Tarzana
Street
Melvin Ave
Coordinates
34.16660, -118.56028

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,493
Gross rental yield
4.52%
Implied cap rate
2.94%
Trend-extrapolated value

Frequently asked questions

When did 5237 Melvin Ave last sell?
5237 Melvin Ave most recently sold on Jul 1, 2022 for $1,725,000.
What is the current tax assessment for 5237 Melvin Ave?
The most recent total assessment for 5237 Melvin Ave (year 2025) is $1,794,690 with $21,896 in property tax.
How does 5237 Melvin Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,725,000.
When was 5237 Melvin Ave built?
5237 Melvin Ave was built in 1959.
How does 5237 Melvin Ave compare to others on Melvin Ave?
We track 8 other properties on Melvin Ave. Browse the list under "Other properties on Melvin Ave" to compare beds, baths, and sale history.
What are the property facts for 5237 Melvin Ave?
5237 Melvin Ave is a 4 bed, 3 bath, 2,029 sqft, 18,345 sqft lot single_family.
Is 5237 Melvin Ave a flip candidate?
No — 5237 Melvin Ave does not appear in our flips dataset.
Is 5237 Melvin Ave a tax-appeal candidate?
No — 5237 Melvin Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.6%
Implied 1-yr
-2.4%
2026 Q3
$1.58M
2026 Q4
$1.57M
ZIP 91356 — Median Price History + Forecast

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