4874 Palo Dr

Tarzana, CA 91356
  • $1,650,000

    Price
  • 4

    Bed
  • 3

    Bath
  • 2,200

    SqFt

About the Listing F4220001 - F210006290

Presenting a rare and exceptional opportunity for developers, contractors or end-users. Offered for the first time in decades, this unique property was originally part of the early 1940's subdivision of Tarzana Ranch, developed by Edgar Rice Burroughs. Nestled in a highly sought-after estate neighborhood South of Ventura Boulevard, this expansive property spans over 30,000 square feet of quiet, private grounds surrounded by Legacy homes. For decades, families have raised their children here, drawn to the neighborhood's rare sense of peace, safety, and enduring community. Located within a wonderful area known for its outstanding schools, the setting offers both tranquility and long-term value. The property features a charming two-story Southern-style residence plus Guest Unit designed by the granddaughter of William Jenning Bryan. The main home offers 2-bedrooms, formal dine and 2- baths with bamboo and hardwood floors, crown moldings, two fireplaces, high ceilings and large closets. An Olympic-style pool enhances the outdoor living experience. In addition, a detached Guest Unit (ADU) above the two-car garage includes 2 bedrooms, 1 bath and fireplace, currently occupied by a family member. The main home is approximately 1,652 sf and Guest Unit is approximately 600 sf. With a newer roof and upgraded plumbing already in place, this property presents an ideal canvas for remodeling, expansion, or development. Offered AS-IS and priced for Land Value, this is a rare chance to create something truly special in one of Tarzana's most desirable neighborhoods. Opportunities like this are few and far between---don't miss it. Bring your Contractors, Developers & End Users to this amazing, "Value- Add", "Fixer" and/or "Development Opportunity". Hurry....Wont Last!

Listing Highlights

Status Active With Contingency
Days on Site 52
Property Type Residential
MLS ® SR26061353
Year Built 1942
Total Square Footage 2,200
Lot/Acreage 0.69
County Los Angeles
School District Los Angeles Unified
Elementary School Wilbur
High School Taft

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full
  • Appliances: Gas Cooktop, Gas Oven, Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating:
  • Fireplaces: Guest Accommodations,Living Room,Primary Bedroom
  • Floor: Bamboo,Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other: Ceiling Fan(s),All Bedrooms Up,Wine Cellar
  • Water: Public

Exterior Details

  • Lot Description: Irregular Lot,Secluded,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 30,094
  • Roof: Composition
  • Others: Fixer,Frame,Plaster,Stucco,2+ Total Units
  • Sewer: Unknown
  • Parking Features: Asphalt,Driveway Down Slope From Street,Direct Access,Door-Single,Driveway,Garage,RV Access/Parking

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2175007010
  • Tax Year: N/A

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4874 Palo Dr Tarzana, CA 91356

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Originating MLS: CRMLS

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