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for saleRealtyLens property overview
$1,999,999

4908 Calvin Ave

Tarzana, CA, 91356
View more Tarzana, CA property pages
5Beds
3.5Baths
3,334Sqft
$600$/sqft

Listing Notes

Located south of the Boulevard in one of Tarzana's most sought-after neighborhoods, 4908 Calvin Ave presents a rare opportunity to own a single-story home on an expansive lot with incredible upside, flexibility, and long-term value. Nestled on a quiet residential street above Ventura Blvd, this property combines privacy, location, and potential in one of the San Fernando Valley's most desirable pockets. The home features a bright and functional floor plan with abundant natural light, spacious living areas, and seamless indoor-outdoor flow designed for comfortable everyday living and entertaining. The existing residence is well-maintained and move-in ready, offering the perfect canvas for buyers looking to remodel, expand, modernize, or create a custom dream home over time. Set on a generously sized lot, the possibilities are endless. Design the ultimate backyard retreat for beautiful CA weather with a resort-style pool, outdoor kitchen, entertaining space ,basketball court or future additions like guest house or ADU. Whether you're an owner-user, investor, builder, or someone searching for a forever home in prime Tarzana south of the blvd location, this property delivers exceptional versatility and potential. Ideally located just moments from Ventura Boulevard's premier dining, shopping, cafes, and entertainment, with convenient access to parks, hiking trails, top-rated schools, and major freeways. Opportunities like this in south of the Boulevard Tarzana are increasingly rare. A true value-add property with a large lot, single-level layout, prime location, and endless potential in one of Tarzana's most coveted neighborhoods.

Market Insights

Below nearby median-23%

$600/sqft vs a nearby median of $780/sqft.

Nearby median$780/sqft
Nearby properties5
Property size3,334 sqft
  • -23% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 3,334 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$2.61M$2.44M$2.77M · 76% confidence
vs ask $2.00M−$606k (−30.3%)

Asking price is about 30.3% below the fair value — likely to draw competing offers if it's still on market.

$794/sqft median across 4 tight comps × 3,334 sqft= $2.65M
  • Mid-century building era−$40k −1.5%
Cumulative NYC adjustments−$40k−1.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position-23% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
2 photos
Property type
single family
Status
for sale

Price History

May 8, 2026Initial record
$1,999,999for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.

4908 Calvin Ave, Tarzana, CA, 91356 | RealtyLens