5015 Otis Avenue, Tarzana, CA 91356

$7,350,000 Asking Price

6 beds
8 baths
8,215  sqft
Built in 2024

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.


Features & Amenities

Interior

General:
Entrance Foyer,Loft,Walk-In Pantry,Walk-In Closet(s)
Laundry:
Laundry Room,Upper Level
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Living Room,Primary Bedroom, Fireplace

Exterior

General:
Heated,In Ground,Private
Pool:
Heated,Private
Parking:
Parking spaces: 3

Construction

General:
2

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LARA, 2184001024
View:
Neighborhood, View

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS
Buyers Agent Compensation:
2.500

This listing courtesy of:
Rodeo Realty, Adi Livyatan

About Tarzana, CA

Housing

Number of Units
12,072
Median Home Value
$918,827
Median Rent
$1,547

41.54% of housing units are renter occupied.

4.53% are vacant.

Commute

Car
52.60%
Public Transportation
2.41%
Walk to Work
0.46%
Work from Home
44.16%
Other
0.34%

The median travel time to work is 21 minutes.

People

Population
30,396
Median Age
44.30
Median Household Size
2.62

Education

High School
13.58%
Associate’s Degree
7.70%
Bachelor’s Degree
30.17%
Graduate Degree
22.03%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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