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4874 Palo Drive, Tarzana, CA 91356 (Sold on )

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 $1,750,000

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  • 4 BedBeds
  • 3 BathBaths
  • 2,200 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# SR26061353

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Property 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 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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Property Details 4874 Palo Drive, Tarzana, CA 91356

General

  • MLS#: SR26061353
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • List Date: 04/12/2026
  • Year Built: 1942
  • Area: TAR - Tarzana
  • County: Los Angeles
  • Beds: 4
  • Full Bath: 3
  • Total Baths: 3
  • Association Fee: $0.00

Interior Features

  • Interior Features: Ceiling Fan(s), All Bedrooms Up, Wine Cellar
  • Flooring: Bamboo, Wood
  • Appliances: Gas Cooktop, Gas Oven, Refrigerator
  • Window Features: Bay Window(s)
  • Laundry Features: Washer Hookup, Gas Dryer Hookup

Exterior Features

  • Community Features: Valley
  • Fencing: Chain Link, Fair Condition, Wood
  • Private Pool: Yes
  • Pool Features: Gunite, In Ground, Private
  • Garage Spaces: 2
  • Patio and Porch Features: Covered
  • Roof: Composition

Schools

  • Elementary School: Wilbur
  • Middle or Junior School: Wilbur
  • High School: Taft
  • High School District: Los Angeles Unified

Structure

  • Architectural Style: Colonial
  • Stories: 2
  • Attached Garage: No
  • Basement: Unfinished
  • Other Structures: GuestHouseDetached, Guest House

Size & Lot

  • Lot Size Acres: 0.6911
  • Lot Size SqFt: 30,104
  • Lot Features: Irregular Lot, Secluded

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Sewer: Unknown

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

 

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