5015 Otis Avenue

Tarzana, CA 91356

$7,350,000
Price
6
Beds
7
Baths
1
1/2 Bath
8,215 Sq. Ft.
$895 / Sq. Ft.
8,215
Sq. Ft.
$895
per Sq. Ft.

Description

Welcome a stunning and spacious residence that epitomizes luxury living. This exquisite property boasts 6 bedrooms and 7.5 baths, spread across an impressive 8,215 square feet of meticulously designed living space. Situated on a sprawling 29,000 square feet lot, this home offers a rare blend of opulence and functionality. As you step inside, you'll be greeted by an abundance of natural light that effortlessly illuminates the open floor plan, creating a warm and inviting atmosphere throughout the...Welcome a stunning and spacious residence that epitomizes luxury living. This exquisite property boasts 6 bedrooms and 7.5 baths, spread across an impressive 8,215 square feet of meticulously designed living space. Situated on a sprawling 29,000 square feet lot, this home offers a rare blend of opulence and functionality. As you step inside, you'll be greeted by an abundance of natural light that effortlessly illuminates the open floor plan, creating a warm and inviting atmosphere throughout the home. The thoughtful design seamlessly integrates modern living with timeless elegance, providing the perfect backdrop for both relaxation and entertainment. The gourmet kitchen is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and exquisite finishes that elevate the culinary experience. Whether hosting intimate gatherings or grand celebrations, this kitchen is sure to impress even the most discerning of chefs. One of the standout features of this property is the detached ADU, providing additional flexibility for guest accommodations, a home office, or rental income potential. The half basketball court is a sports enthusiast's delight, offering the perfect space for friendly games or solo practice sessions. For movie enthusiasts, the dedicated movie theatre promises a cinematic experience in the comfort of your own home. Imagine enjoying your favorite films with family and friends in a private and luxurious setting. Step outside to discover a paradise of outdoor living, with a generous lot that includes lush landscaping, a half basketball court, and ample space for outdoor activities. The meticulous attention to detail extends to the outdoor areas, creating an oasis for relaxation and recreation . Every inch of this estate has been thoughtfully designed with premium finishes, from the flooring to the fixtures, ensuring a cohesive and elegant aesthetic. This residence is not just a home; it's a statement of refined living. Don't miss the opportunity to call 5015 Otis your home a place where luxury, comfort, and entertainment converge to create an unparalleled living experience. Schedule your private tour today and discover the epitome of sophisticated real estate.
  1. Listed by Adi Livyatan • DRE #01892750 • Brokerage DRE #00951359 • Rodeo Realty • 818-919-4060

Property Details for 5015 Otis Avenue

View
Neighborhood
Parking Spaces Total
3
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
Below Grade Finished Area
0

Location

Listing Courtesy of Rodeo Realty, Adi Livyatan, DRE #01892750
Add your commute
LISTING UPDATED: 04/19/2024 07:05 AM

Property Details for 5015 Otis Avenue

StatusActive
MLS #SR24075580
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size0.67 AC / 29,117 SF
CountyLos Angeles County

Location

Listing Courtesy of Rodeo Realty, Adi Livyatan, DRE #01892750
Add your commute

Building Information for 5015 Otis Avenue

Stories1Year Built2024Building Size-Lot Size0.67 AC / 29,117 SF

Payment Calculator

$40,976 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,112

Property Taxes

$864

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5015 Otis Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 5475
  • Tax Census Tract: 1398.01
  • CFD/Mello-Roos Fee: $557
  • Tax Lot: 93
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Room Type: Entry, Formal Entry, Foyer, Game Room, Home Theatre, Library, Living Room, Loft, Primary Bedroom, Office, Recreation, Walk-In Closet, Walk-In Pantry
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Laundry Location: Laundry Room
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 0
  • Structure Type: House
  • Pool Features: Private, Heated
  • Pool Description: Heated, Private
  • Pool: Private, Heated
  • Spa Features: Private, Heated, In Ground
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot 20000-39999 Sqft
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 5015 Otis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5015 Otis Avenue

Taxable ValueLand$571,336Additions$248,132Total$819,468
Tax Record2023$10,373 ($864 / month)
Home Facts
Beds2Total Finished SqFt1,858 SqFtAbove Grade Finished SqFt1,858 SqFtStories1Lot Size29,278 SqFtStyleSingle Family ResidenceYear Built1941ZoningLARACountyLOS ANGELESAPN2184-001-024

Schools near 5015 Otis Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Charter - 9 to 12
Public - K to 5
Rating
School
Distance
Nestle Avenue Charter School
CharterK to 5

Gaspar De Portola Middle School
Charter6 to 8

Taft Charter High
Charter9 to 12

Richland Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5015 Otis Avenue is a single family home for sale in Tarzana, CA 91356. This property was listed for sale on April 16, 2024 by Rodeo Realty, it's currently listed at $7,350,000. It has been on the market for a total of 18 days and was last sold on November 4, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Nestle Avenue Charter School, Gaspar De Portola Middle School and Taft Charter High. 5015 Otis Avenue is a 6-bed, 7.5-bath, 8,215 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodeo Realty, Adi Livyatan, DRE #01892750

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.