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Property view

4874 Palo Drive, 
Tarzana, CA 91356

$1,400,000


4

Beds


3

Baths


2,200

Sq Ft


Single Family

Sold

Listed by

Mike Monteleone

Michael Monteleone

Bought with Sohrab haroonian

Monteleone Real Estate,Inc

818-917-1780

MLS#

SR26061353

Source:

CRMLS

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About This Home

4874 Palo Drive

BACK ON THE MARKET! 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!

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1942

Price Summary

1,575,000

$715 per Sq. Ft.

MLS #:

SR26061353

Sold:

August 14, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,200 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,200 Sq. Ft.

Year Built:

1942


Lot

Lot Size (Sq. Ft):

30,104


Finances & Disclosures

Finances

Price:

$1,575,000

Price per Sq. Ft:

$715 per Sq. Ft.

Source:CRMLS
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