Active

4874 Palo Drive

Tarzana, CA 91356
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Bed 4

Bed

Bath 3

Bath

SqFt2,200

Sqft

SqFt30,104

Sqft(Lot)

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 th e 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!

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Detail Ic Property Details

Property Type : Residential

Price : $1,650,000

AD Id : 77000482

MLS Id : SR26061353

Beds : 4

Lot Size : 30,104 Sqft

Living Area Size : 2,200

Year Built : 1942

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Water/Sewer

    Water Source: Public Sewer: Unknown
  • Interior Features

    Roof: Composition Interior Features: Ceiling Fan(s),All Bedrooms Up,Wine Cellar Windows: Bay Window(s) Basement Description: Unfinished Property Appliances: Gas Cooktop,Gas Oven,Refrigerator Fireplace: Guest Accommodations,Living Room,Primary Bedroom Flooring: Bamboo,Wood
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Fireplace

    Fireplace Features: Guest Accommodations,Living Room,Primary Bedroom Has Fireplace: 1

  • Building Information

    Year Built: 1942 Construction: Frame,Plaster,Stucco Roof: Composition Has Basement
  • Foundation

    Raised
  • Pool Features

    Gunite,In Ground,Private

    Laundry Features

    Washer Hookup,Gas Dryer Hookup

    Patio And Porch

    Covered

    Fencing

    Chain Link,Fair Condition,Wood

  • Lot Details

    Lot Dimensions Source: Assessor Lot Size Acres: 0.6911 Lot Size Dimensions: 30,094
  • Lot Size Source: Assessor Lot Size Square Feet: 30104

  • Listing Price Information

    Original List Price: 1,650,000 Listing Contract Date: 2026-04-10
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2175007010

  • Garage and Parking

    Garage Description: Asphalt,Driveway Down Slope From Street,Direct Access,Door-Single,Driveway,Garage,RV Access/Parking

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: TAR - Tarzana Directions: South of Ventura Blvd and West of Vanalden Source Property Type: Residential Area: TAR - Tarzana Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 84 Common Walls: No Common Walls Property Condition: Fixer Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 2200 Entry Level: 1 Entry Location: front door Levels or Stories: Two Building Total Stories: 2 Structure Type: House
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5941 Etiwanda Avenue, Tarzana, CA, 91356 $1,249,000 3 3 1,600 1,600 SqFt
5300 Garden Grove Avenue, Tarzana, CA, 91356 $1,025,000 4 1 2,033 2,033 SqFt
18350 Hatteras Street #.., Tarzana, CA, 91356 $499,000 3 2 1,184 1,184 SqFt
18445 Hatteras Street #.., Tarzana, CA, 91356 $639,000 2 2 1,147 1,147 SqFt
5161 Nestle Avenue, Tarzana, CA, 91356 $1,445,000 3 2 1,884 1,884 SqFt
4938 Chimineas, Tarzana, CA, 91356 $1,149,000 2 1 813 813 SqFt
5200 Avenida Oriente, Tarzana, CA, 91356 $2,395,000 5 4 2,955 2,955 SqFt
5131 Etiwanda Avenue, Tarzana, CA, 91356 $2,495,000 4 5 3,723 3,723 SqFt
18330 Hanan Court, Tarzana, CA, 91356 $1,899,999 5 5 3,569 3,569 SqFt
5157 Avenida Oriente, Tarzana, CA, 91356 $3,300,000 6 7 4,595 4,595 SqFt

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ByOwner last updated this listing 06/10/2026 @ 08:54

MLS: SR26061353 LISTED BY: Mike Monteleone, Monteleone Real Estate,Inc 818-917-1780 SOURCE: CRMLS

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