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Multifamily Property With ADUs
For Sale
$2,700,000

5923 Corbin Ave, Tarzana, CA 91356

Residential Income, Tarzana, CA

Property Size2,753 SF
Lot Size0.41 Acres
Price / SF$980.75
Days on Market9

Property Features for 5923 Corbin Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARA
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Parking 6
Parking features Driveway
Directions North of Ventura, south of Oxnard.
Subdivision Woodland Hills
Standard status Active
APN 2153-020-005
Size 2,753 SF
Lot size 0.41 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

gated
pool
spa

Building Details

Year built 1949
Floors in Building 1
Number of units 3
Flooring type Mixed, Tile - Ceramic, Vinyl
Additional Structures Gazebo
Listing Agency: TruLine Realty
Listed By: Nava Lavian · License #01958774
Added: Aug 25 Changed: Sep 2 Last Checked: Sep 2 at 3:06AM
MLS# 26876899

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This gated residential property includes a renovated main residence and two separate accessory dwelling units. The primary home offers three bedrooms, three bathrooms, bright living areas, and an updated kitchen with modern cabinetry and stone countertops. One additional unit measures 590 square feet and includes one bedroom, one bathroom, a kitchenette, sliding glass doors, and a private deck with dining space. The second measures 400 square feet and provides one bedroom, one bathroom, a private entrance, and a patio.

Outdoor improvements include a UV pool, spa, lawn areas, and mature shade trees. The property occupies 0.4136 acres and is zoned LARA. A lot split is in progress, creating a documented land-division component for future consideration. The property is scheduled to be delivered vacant at closing. Central heating, central air conditioning, ceramic tile, vinyl, mixed flooring, and driveway parking are also present.

Key Highlights

  • Renovated primary residence with 3 bedrooms and 3 bathrooms
  • Two independent units: 590 square feet and 400 square feet
  • First additional unit includes a kitchenette, private deck, and dining area

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Storage Facility Discount Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Auto Parts Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,962
Businesses Nearby

Demographics for 91356, CA

30,664
Population
12,715
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,201
Density / Sq Mi
$110,094
Median Household Income
$60,504
Median Earnings
$2,027
Median Rent
$1,177,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Gated residential compound with a renovated primary home, two independent units, and a pool, spa, lawn, and mature trees.
Where is this multifamily property located?
The property is located at 5923 Corbin Ave Tarzana, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Renovated primary residence with 3 bedrooms and 3 bathrooms; Two independent units: 590 square feet and 400 square feet; First additional unit includes a kitchenette, private deck, and dining area
More about this property
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