For sale

$3,400,000

Est. $22,749/mo —

•

2,234

sq ft

5738 Rhodes Ave, Valley Village, CA 91607

About this home

Prime Valley Village development opportunity situated on an expansive 19,201 SF LAR1-zoned lot, surrounded by beautiful multi-million-dollar homes. Currently featuring a 3-bedroom, 3-bathroom residence, this property offers endless possibilities to remodel the existing home or tear it down and build your own custom luxury mansion. As an added advantage, the seller is willing to provide RTI (Ready-to-Issue) plans for a new 6,000 SF home, with permits not yet paid for, offering a head start on creating your dream residence. With its generous lot size, the property also presents significant potential for redevelopment or subdivision. Nestled in one of the Valley's most desirable neighborhoods, this rare opportunity is ideal for homeowners, developers, and investors alike. Conveniently located near houses of worship, the new NoHo shopping center, popular dining destinations, shopping, and major transportation corridors. Whether you envision a beautifully remodeled residence or a magnificent custom-built estate, this exceptional property offers the space, location, and potential to bring your vision to life!

Single-familyProperty Type

1952Year Built

0.44 acresLot Size

$1,522Price/Sq.Ft.

1 spaceParking

Listed by Shelly Mashiach •DRE #01916382 • MGB Realty Group

•818-486-8984 (agent)

•shelly@mygoodbroker.com (agent)

Listing updated: Oct 19, 2026 at 12:06am

Redfin checked: a few seconds ago

•Source:TheMLS #26999625

Payment calculator

$22,749 per month

Principal and interest$18,555

Property taxes

$3,542

HOA dues

Home insurance

$652

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN FRI, 10AM TO 1PM
$1,299,000
2 beds1 bath900 sq ft
9722 Tujunga Canyon Blvd, Tujunga, CA 91042
0.7 acre lot • 2 parking spots • Built 1944
REDFIN OPEN SAT, 12PM TO 3PM3D WALKTHROUGH
$695,000
3 beds3 baths1,478 sq ft
14104 W Birch Ln, Van Nuys, CA 91405
1,090 sq ft lot • 2 garage spots • Built 2016
OPEN SAT, 1PM TO 4PM
$999,000
4 beds2 baths1,927 sq ft
6414 Corbin Ave, Reseda, CA 91335
7,575 sq ft lot • 2 garage spots • Pool
OPEN SAT, 1PM TO 4PM
$999,700
3 beds2 baths1,406 sq ft
11432 Sophia Ave, Granada Hills, CA 91344
7,486 sq ft lot • 2 garage spots • Pool
Pinnacle Estate Properties
REDFIN OPEN SAT, 2PM TO 5PM3D WALKTHROUGH
$1,049,000
2 beds2 baths1,275 sq ft
8444 Kirkwood Dr, Los Angeles, CA 90046
4,650 sq ft lot • 2 garage spots • Built 1949
OPEN SAT, 5PM TO 7PM3D WALKTHROUGH
$347,777
1 bed1 bath679 sq ft
6904 Radford #7, North Hollywood, CA 91605
$470 HOA • Garage • Built 1966
OPEN SUN, 1PM TO 4PM
$1,499,000
4 beds3 baths3,021 sq ft
12511 Nedra Dr, Granada Hills, CA 91344
0.41 acre lot • 2 garage spots • Pool
OPEN SUN, 1PM TO 4PM3D WALKTHROUGH
$899,950
3 beds2 baths1,560 sq ft
15809 Kingsbury St, Granada Hills, CA 91344
7,203 sq ft lot • 2 garage spots • Pool
Pinnacle Estate Properties
OPEN SUN, 1PM TO 4PM
$799,000
3 beds2 baths1,375 sq ft
8469 Fullbright, Canoga Park, CA 91306
7,167 sq ft lot • 2 garage spots • Built 1954
OPEN SUN, 2PM TO 4PM
$2,725,000
3 beds3 baths1,950 sq ft
3443 Mandeville Canyon Rd, Los Angeles, CA 90049
0.56 acre lot • Parking • Pool

Around this home

Schools

K - 12
Preschool & daycare

Burbank Boulevard Elementary School

Public K-5 • Assigned • 0.4mi

5/10

Roy Romer Middle School

Public 6-8 • Assigned • 1.1mi

5/10

Ulysses S. Grant Senior High School

Public 9-12 • Assigned • 0.7mi

5/10

Provided by GreatSchools

About Valley

Glen

Valley Glen, located between Sherman Oaks and North Hollywood, is a residential and commercial Los Angeles neighborhood with mid-century ranch streetscapes and a canal-lined greenbelt. The neighborhood’s character concentrates around the Laurel Canyon Blvd and Victory Blvd crossroads, where strip malls, taquerias, coffee counters, and everyday services keep sidewalks active. The Great Wall of Los Angeles at the Tujunga Wash channels local history into a long, walkable mural. The Federal Bar anchors nearby nights with live music and a classic stage-room feel. Low-slung homes, small apartment courts, and wide arterials shape a car-forward rhythm, while the wash paths add a quieter counterpoint.

Provided by Walk Score and Local Logic

Offer insights

5738 Rhodes Ave · $3,400,000

Strong offer

$3.47M and above

75% chance or better to win

Why $3.47M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 46 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Den
Fireplace in den

Bathrooms
3 full bathrooms

Laundry & utility
Laundry inside

Flooring
Mixed flooring

Heating & cooling
No heating
No cooling

Sale and tax history for 5738 Rhodes Ave

Sale History
Tax History

Date

Event

Price

TheMLS #26999625

Oct 11, 2026

Listed

$3,400,000

$1,522/sq ft

CRMLS #SW26117442

May 29, 2026

Sold

$2,400,000

$1,074/sq ft

May 29, 2026

Listed

$2,525,000

$1,130/sq ft

Prime Valley Village development opportunity on a 19,201 SF LAR1-zoned lot. The property offered significant potential for redevelopment, subdivision, or the construction of multiple luxury residences, subject to buyer verification and municipal approvals. Situated in one of the San Fernando Valley’s most sought-after neighborhoods, the site provided developers and investors with a rare opportunity to capitalize on strong demand for new construction housing. Conveniently located near major employment centers, retail amenities, dining, and transportation corridors.

Public Records

Aug 25, 1994

Sold

$225,000

$101/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,897 (+2.7%)

$256,982 + $128,481

$385,463

2024

$4,770 (+1.9%)

$251,944 + $125,962

$377,906

2023

$4,682 (+4.7%)

$247,004 + $123,493

$370,497

2022

$4,471 (+1.5%)

$242,161 + $121,072

$363,233

2021

$4,406 (−0.9%)

$237,413 + $118,699

$356,112

2020

$4,444 (+3.9%)

$232,758 + $116,372

$349,130

2019

$4,278 (+2.3%)

$230,372 + $115,179

$345,551

2018

$4,181 (+2.2%)

$225,855 + $112,921

$338,776

2017

$4,090 (+2.9%)

$217,086 + $108,537

$325,623

2016

$3,976 (+1.4%)

$217,086 + $108,537

$325,623

2015

$3,920 (−0.6%)

$212,830 + $106,409

$319,239

2014

$3,945 (−1.3%)

$205,528 + $102,758

$308,286

2012

$3,996 (+3.1%)

$204,600 + $102,294

$306,894

2011

$3,876 (−1.0%)

$200,589 + $100,289

$300,878

2010

$3,917 (+3.7%)

$196,656 + $98,323

$294,979

2009

$3,778 (+4.3%)

$195,187 + $97,589

$292,776

2008

$3,622

$195,651 + $97,821

$293,472

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.44 Acres

Year renovated

1952

Finished Sq. Ft.

2,234

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,234

Year built

1952

Style

Single Family Residential

County

Los Angeles County

APN

2340018032

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Local insights from Redfin agents

LA real estate remains resilient, with long-term demand, limited desirable inventory, and strong neighborhood-by-neighborhood opportunities. For savvy buyers and sellers, the current market creates opportunities to negotiate strategically and build...
6 days ago • Los Angeles
Phil Robinson
Redfin agent
58 deals
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The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
1 month ago • Los Angeles
Peter Santos
Redfin Premier agent
86 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 97° expected this year, 22 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

7 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Valley Village, CA • 91607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home ranks in the top 29% for direct sun exposure in Valley Village. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5738 Rhodes Ave

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $1,100,000 and $2,200,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $2.2M.

SOLD SEP 18, 2026
$1,572,000 Last sold price
3 beds3 baths1,995 sq ft
12201 Califa St, Valley Village, CA 91607
$734/sq ft
smaller lot
15 years older
SOLD MAY 29, 2026
$1,700,000 Last sold price
4 beds3 baths2,419 sq ft
5719 Rhodes Ave, Valley Village, CA 91607
$819/sq ft
smaller lot
7 years newer
SOLD AUG 24, 2026
$1,836,000 Last sold price
4 beds3 baths2,473 sq ft
5507 Bluebell Ave, Valley Village, CA 91607
$780/sq ft
smaller lot
18 years newer
SOLD AUG 7, 2026
$1,980,000 Last sold price
3 beds3 baths2,819 sq ft
5511 Alcove Ave, Valley Village, CA 91607
$820/sq ft
smaller lot
20 years newer
SOLD JUL 29, 2026
$1,100,000 Last sold price
4 beds2 baths1,937 sq ft
6250 Babcock Ave, North Hollywood, CA 91606
$954/sq ft
smaller lot
4 years older
SOLD APR 28, 2026
$2,200,000 Last sold price
5 beds5.5 baths2,597 sq ft
11956 Collins St, Valley Village, CA 91607
$675/sq ft
smaller lot
73 years newer

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New listings for sale in 91607

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$588 HOA • 2 garage spots • Built 1991

$1,699,000

6 beds5 baths2,485 sq ft

5805 Bucknell Ave, Valley Village, CA 91607

Separate adu • Circular driveway • Landscaped exterior

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OPEN SUN, 12PM TO 2PM

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Details provided by TheMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 5738 Rhodes Ave

Public record

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5738 Rhodes Ave

Early Access listings

Nearby similar homes

New listings for sale in 91607

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