5220 Melvin Ave
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Wilbur Charter For Enriched Academics
Woodland Hills Charter Academy
Taft Charter High
Tarzana (Los Angeles County)
Typical Cap Rate: 4.8% - 6.2% · Avg Rent: $4,200 - $7,800 · Median: $1,425,000
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,211/mo net cash flow with a 2.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Prime residential location in Tarzana, CA
- • Long-term capital appreciation corridor
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-12 | Listed for sale | $1,950,000 | $491 |
| 2026-07-28 | Listing removed | $10,500 | $3 |
| 2026-05-06 | Price change | $10,500 | $3 |
| 2026-04-22 | Listing removed | $1,899,999 | $478 |
| 2026-04-17 | Listed for rent | $11,500 | $3 |
| 2026-03-30 | Listed for sale | $1,899,999 | $478 |
| 2026-03-30 | Listing removed | $1,999,000 | $503 |
| 2026-02-18 | Listed for sale | $1,999,000 | $503 |
| 2026-02-06 | Listing removed | $1,995,000 | $502 |
| 2026-02-02 | Contingent | $1,995,000 | $502 |
| 2026-01-15 | Listed for sale | $1,995,000 | $502 |
| 2025-12-16 | Listing removed | $2,195,000 | $552 |
| 2025-10-22 | Price change | $2,195,000 | $552 |
| 2025-10-03 | Listed for sale | $1,995,000 | $502 |
| 2025-09-11 | Listing removed | $9,995 | $3 |
| 2025-09-02 | Price change | $9,995 | $3 |
| 2025-08-15 | Listing removed | $2,195,000 | $552 |
| 2025-08-06 | Listed for rent | $11,995 | $3 |
| 2025-07-30 | Price change | $2,195,000 | $552 |
| 2025-07-02 | Price change | $2,295,000 | $578 |
| 2025-05-27 | Price change | $2,395,000 | $603 |
| 2025-05-08 | Price change | $2,495,000 | $628 |
| 2025-04-28 | Price change | $2,545,000 | $640 |
| 2025-03-19 | Listed for sale | $2,595,000 | $653 |
| 2024-08-24 | Listing removed | $0 | – |
| 2022-06-03 | Sold | $2,200,000 | $554 |
| 2007-03-27 | Sold | $1,500,000 | $377 |
| 2005-09-09 | Sold | $1,350,000 | $340 |
| 2003-04-25 | Sold | $1,025,000 | $258 |
| 1998-08-11 | Sold | $505,000 | $127 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $2,381,348 |
| 2025 | $28,454.19 | $2,334,656 |
| 2024 | $28,053.23 | $2,288,879 |
| 2023 | $27,508.23 | $2,244,000 |
| 2022 | $26,193.76 | $1,892,499 |
| 2021 | $19,389.1 | $1,608,000 |
| 2020 | $18,690.26 | $1,517,000 |
| 2019 | $18,690.26 | $1,407,000 |
| 2018 | $17,210.42 | $1,407,000 |
| 2017 | $17,210.42 | $1,407,000 |
| 2016 | $17,164.49 | $1,337,000 |
| 2015 | $16,239.11 | $1,175,000 |
| 2014 | $12,994.43 | $1,040,000 |
| 2012 | $0 | $955,000 |
| 2011 | $0 | $1,033,000 |
| 2010 | $0 | $850,400 |
| 2009 | $0 | $850,400 |
| 2008 | $0 | $1,418,800 |
| 2007 | $0 | $1,377,000 |
| 2006 | $0 | $1,350,000 |
| 2005 | $0 | $1,086,316 |
| 2004 | $0 | $1,044,136 |
| 2003 | $0 | $584,065 |
| 2002 | $0 | $572,614 |
| 2000 | $0 | $550,381 |
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