Active

4874 Palo Drive

Tarzana, CA 91356

$1,650,000 $6,956/Mo

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Overview

30,104

Sqft(Lot)

Description

Presenting a rare and exceptional Opportunity for Developers, Contractors or End-Users. Offered for the first time in decades, this unique property was originally a 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 neighborhoods 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 Southern-style residence plus Guest Unit designed by the granddaught er of William Jenning Bryan. The main home offers 2-bedrooms, formal dine and 2-baths including 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 and is currently occupied by a family member. The main home is approx. 1,652 sf and Guest Unit is approx. 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!

Property Details

Property Type : Land

Price : $1,650,000

AD Id : 77000481

MLS Id : SR26062276

Lot Size : 30,104 Sqft(Lot)

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Fencing

Average Condition,Chain Link,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6911
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

Other Property Info

Source Listing Status: Active Source Neighborhood: TAR - Tarzana Directions: South of Ventura. Take Vanalden to Olivos, West on Olivos & left on Palo Dr Zoning: LARA Source Property Type: Land Area: TAR - Tarzana

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4491 La Barca Dr, Tarzana, CA, 91356	$399,999	--	--	--	44,043 Sqft(Lot)

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ByOwner last updated this listing 06/11/2026 @ 18:31

MLS: SR26062276 LISTED BY: Mike Monteleone, Monteleone Real Estate,Inc 818-917-1780 SOURCE: CRMLS