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$6,870,000
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Property 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 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.
Full Property Details
Full Property Details for 5015 Otis Ave
General
- Sold For: $6,870,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SR24075580
- Added to Site: 642 day(s) ago
Interior
- Rooms/Areas: Entry, Formal Entry, Foyer, Game Room, Home Theater, Library, Living Room, Loft, Primary Bedroom, Office, Recreation, Walk-In Closet, Walk-In Pantry
- Fireplace: Yes
- Fireplace(s): Living Room, Primary Bedroom
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Individual Room, Upper Level
Additional Information
- Pool: Yes
- Pool Description: Private, Heated
- Spa Description: Private, Heated, In-Ground
Parking
- Garage: Yes
- Garage Spaces: 3
Location
- County: Los Angeles
- Driving Directions: Ventura Blvd, South on Reseda, Left on Otis
School Information
- School District: Los Angeles Unified
Community
- Community Features: Street Lights
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 8,215
- Sq. Ft. Source: Taped
- Year Built: 2024
- Year Built Source: Builder
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.6684
- Lot Size Source: Assessor
- Zoning: LARA
- Lot Description: Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $836.28
Disclosures and Reports
- Special Conditions: Standard
Listed by Rodeo Realty, Adi Livyatan and Rodeo Realty, Shirli Depas
Sold by The Agency, Cody Thompson and The Agency, Jon Grauman
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Schools
Schools serving 5015 Otis Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Nestle Avenue Charter School 5060 Nestle Ave., Los Angeles, CA 91356 | PK-5 | 0.3 mi |
Gaspar De Portola Middle School 18720 Linnet St., Los Angeles, CA 91356 | 6-8 | 0.6 mi |
Taft Charter High 5461 Winnetka Ave., Los Angeles, CA 91364 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5015 Otis Ave
Date
Details
Price
Change
Source
7/31/2024
Sold
$6,870,000
-6.53%
MLS
4/16/2024
Listed
$7,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5015 Otis Avenue, Tarzana, CA 91356 (MLS# SR24075580) is a Single Family property that was sold at $6,870,000 on July 31, 2024. Want to learn more about 5015 Otis Avenue? Do you have questions about finding other Single Family real estate for sale in Tarzana? You can browse all Tarzana real estate or contact a Coldwell Banker agent to request more information.

