4874 Palo Drive Tarzana, CA $ 1,750,000
4874 Palo Drive
$ 1,750,000
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4874 Palo Drive

Tarzana, CA, 91356
$ 1,750,000
Bedrooms4 Baths3.0 Sq 2,200

Monthly Estimate*

$ 10,775

Listed by Monteleone Real Estate,Inc
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Single Family Home for sale in Tarzana, CA

for $1,750,000 with 4 bedrooms and 3 full baths. This 2,200 square foot home was built in 1942 on a lot size of 0.6911.

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!

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Single Family Active

Price

$ 1,750,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.6911

Year Built

1942

Town/City

Tarzana

County/Region

Los Angeles

MLS | Web ID

SR26061353

Days on Market

5

Features
General
Living Area 2200
Sewer Unknown
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Available Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Cooktop Gas Oven Refrigerator
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Colonial
Pool Features Gunite In Ground Private
Construction Materials Frame Plaster Stucco
Year Built 1942
View Mountain(s) Neighborhood Pool Trees/Woods
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Valley
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Contingency No Contingencies let's go to Escrow.
Garage Y/N true
Other Structures Guest House Detached Guest House
Full Baths 3
Special Listing Conditions Trust
Status Active
Directions South of Ventura Blvd and West of Vanalden
High School Taft
City Tarzana
Disclosures Accessory Dwelling Unit Covenants/Restrictions Disclosure Death On Property < 3 yrs Easement(s)
Entry Location front door
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 2
MLS Area TAR - Tarzana
Lot Size Units Square Feet
Lot Size Square Feet 30104
Listing Terms Cash Conventional
Elementary School Wilbur
Property Attached Y/N false
Land Lease Y/N false
Current Financing Other
Property Condition Fixer
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://mls.kuu.la/share/collection/7Md25?fs=0&vr=1&zoom=1&sd=1&gyro=0&autorotate=0.02&autop=10&thumbs=3&margin=10&keys=0
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 19
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) All Bedrooms Up Wine Cellar
Basement Unfinished
Flooring Bamboo Wood
Fireplace Features Guest Accommodations Living Room Primary Bedroom
Total Stories 2
Common Walls No Common Walls
Basement (Y/N) true
Air Conditioning Y/N true
Window Features Bay Window(s)
Fireplace Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 0
Main Level Bathrooms 1
Total Baths 3
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Exterior
Fencing Chain Link Fair Condition Wood
Parking Features Asphalt Driveway Down Slope From Street Direct Access Door-Single Driveway Garage RV Access/Parking
Lot Features Irregular Lot Secluded
Water Source Public
Total Parking 2
Lot Size Area 30104
Foundation Details Raised
Lot Dimensions 30 094
Lot Size Acres 0.6911
Road Surface Type Paved
Private Pool true
Lot Size Source Assessor
Road Frontage Type City Street
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* Excluded Features
List By
Monteleone Real Estate,Inc

Broker

mike@rebrokerinc.com

Email

Affordability Calculator

$10,775
Per Month
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Monthly Principal & Interest
$10,775
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4820918 Middle School
Taft High School High School
Pricing History
Date Price Price Change Description
4/12/2026 $1,750,000 Listed Price

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4874 Palo Drive, Tarzana, CA, 91356 is a Single Family Home for sale at $1,750,000 with 2,200 sqft and a lot size of 0.6911. 4874 Palo Drive has 4 bedrooms, 3.0 baths, and was built in 1942. The property's zip code is 91356 which is in Tarzana, CA