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5929 Melvin Ave

Tarzana, CA 91356

4 bd 4 ba 3,500 sqft Built 1925 Lot 22,092 sqft single_family
Most recent sale
$1,250,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 1, 2025 Price changed for rent $19,500 CRMLS
Sep 16, 2025 Price changed for rent $22,000 CRMLS
Aug 18, 2025 Listed for rent $23,500 CRMLS
May 5, 2025 Listed for rent $26,000 CRMLS
Dec 8, 2021 Sold $1,250,000 Public Record
Sep 3, 2021 Listed $1,150,000 MLS #SR21193930
Oct 19, 2018 Listing removed $1,499,950 CRISNET
Oct 15, 2015 Listing removed $1,499,950 CRISNET
Jul 1, 2015 Listed $1,499,950 MLS #SR15144415

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $265,302 $1,061,208 $1,326,510 $16,147
2024 $265,302 $1,061,208 $1,326,510 $15,932
2023 $255,000 $1,020,000 $1,275,000 $15,622
2022 $250,000 $1,000,000 $1,250,000 $14,894
2021 $6,312 $54,798 $61,110 $1,037
2020 $6,248 $54,237 $60,485 $1,043
2019 $6,126 $53,174 $59,300 $1,013
2018 $6,006 $52,132 $58,138 $908

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,500 sqft
Lot size
22,092 sqft
ZIP code
91356
City
Tarzana
Street
Melvin Ave
Coordinates
34.17827, -118.56061

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,200
Gross rental yield
10.75%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 5929 Melvin Ave last sell?
5929 Melvin Ave most recently sold on Dec 8, 2021 for $1,250,000.
What is the current tax assessment for 5929 Melvin Ave?
The most recent total assessment for 5929 Melvin Ave (year 2025) is $1,326,510 with $16,147 in property tax.
How does 5929 Melvin Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,250,000.
When was 5929 Melvin Ave built?
5929 Melvin Ave was built in 1925.
How does 5929 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 5929 Melvin Ave?
5929 Melvin Ave is a 4 bed, 4 bath, 3,500 sqft, 22,092 sqft lot single_family.
Is 5929 Melvin Ave a flip candidate?
No — 5929 Melvin Ave does not appear in our flips dataset.
Is 5929 Melvin Ave a tax-appeal candidate?
No — 5929 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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