Redefine Entertaining, Gourmet Kitchen, Movie Theater, & Half-Court Paradise Awaits at $7,495,000

5015 Otis Ave, Tarzana, CA 91356

Listed by Adi Livyatan at Rodeo Realty.


Property Photos Gallery

Photos provided by Adi Livyatan at Rodeo Realty.

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.

Property Features

  • Bedrooms: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Living Area: 8,215 Sqft
  • Fireplaces: Yes
  • Elevator: Yes
  • Lot Size: 0.67 Acres
  • Parking Spaces: 3
  • Garage Spaces: 3
  • Stories: 1
  • Year Built: 2023
  • Year Renovated: –

Property Price History

DateEventPricePrice/SqftSource
01/03/2024Listed$7,495,000$912CRMLS
01/31/2020Listing Removed$3,900$2CRISNET
09/03/2019Listing Removed$2,226,900$619CRISNET
09/03/2019Listing Removed$3,600$2CRISNET
09/03/2019Listing Removed$6,200$2CRISNET
09/03/2019Listing Removed$1,595,000$456CRISNET
12/18/2013Listing Removed$6,200$3TheMLSCLAW
12/18/2013Listing Removed$3,500WestsideRentals
12/17/2013Listed For Rent$3,500WestsideRentals
12/16/2013Listed For Rent$6,200$3TheMLSCLAW
11/08/2013Listing Removed$1,595,000$456CRISNET
08/26/2013Price Changed$1,595,000$456CRISNET
08/04/2013Listed$1,649,950$471CRISNET
09/05/2012Listing Removed$3,600$2CRISNET
09/01/2012Listing Removed$6,000$2CRISNET
08/13/2012Price Changed For Rent$3,600$2CRISNET
08/01/2012Listed For Rent$5,990$3CRISNET
07/17/2012Listed For Rent$6,200$2CRISNET
09/02/2009Listing Removed$2,226,900$619SoCalMLS
09/02/2009Listing Removed$2,226,900$619CRISNET
08/30/2009Relisted$2,226,900$619SoCalMLS
02/22/2009Listing Removed$2,226,900$619SoCalMLS
06/03/2008Listed$2,226,900$619CRISNET
06/03/2008Listed$2,226,900$619SoCalMLS
11/04/2002Sold$672,000$362Public Record
10/20/1994Sold$350,000$188Public Record
09/14/1964Sold$53,000$29Public Record

Property Reference

On Real Estate Platform

On Press, Media, Blog

  • Robb Report Real Estate
  • Luxury Houses
  • Global Mansion
  • Others: Architectural Digest | Dwell

Contact Adi Livyatan at Rodeo Realty, Phone: 818-919-4060 for more information. See the LISTING here.

Reminder: Above information of the property might be changed, updated, revised and it may not be on sale at the time you are reading this article. Please check current status of the property at links on Real Estate Platforms that are listed above.

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