ResidentialSingleFamilyResidenceCATarzana913564874 Palo Drive, Tarzana, CA, US, 91356

4874 Palo Drive, Tarzana, CA, US, 91356

4874 Palo Drive, Tarzana, CA, US, 91356
4 beds
3 baths
2200 sq ft
$1,750,000
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Basics

  • Date added: Added 3 weeks ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 4
  • Bathrooms: 3
  • Area: 2200 sq ft
  • Lot size: 30104, 30104 sq ft
  • Year built: 1942
  • Property Condition: Fixer
  • View: Mountains,Neighborhood,Pool,TreesWoods
  • County: Los Angeles
  • MLS ID: SR26061353

Description

  • 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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Location

  • Directions: South of Ventura Blvd and West of Vanalden
  • Lot Size Acres: 0.6911 acres

Building Details

  • Structure Type: House
  • Water Source: Public
  • Basement: Unfinished
  • Architectural Style: Colonial
  • Lot Features: IrregularLot,Secluded
  • Sewer: Unknown
  • Common Walls: NoCommonWalls
  • Construction Materials: Frame,Plaster,Stucco
  • Fencing: ChainLink,FairCondition,Wood
  • Foundation Details: Raised
  • Garage Spaces: 2
  • Levels: Two
  • Other Structures: GuestHouseDetached,GuestHouse
  • Floor covering: ,

Amenities & Features

  • Pool Features: Gunite, InGround, Private
  • Parking Features: Asphalt, DrivewayDownSlopeFromStreet, DirectAccess, DoorSingle, Driveway, Garage, RvAccessParking
  • Patio & Porch Features: Covered
  • Parking Total: 2
  • Roof: Composition
  • Utilities: ElectricityConnected,NaturalGasAvailable,WaterConnected
  • Window Features: BayWindows
  • Cooling: WallWindowUnits
  • Fireplace Features: GuestAccommodations, LivingRoom, PrimaryBedroom
  • Interior Features: CeilingFans, AllBedroomsUp, WineCellar
  • Laundry Features: WasherHookup,GasDryerHookup
  • Appliances: GasCooktop,GasOven,Refrigerator

Nearby Schools

  • Elementary School: Wilbur
  • High School: Taft
  • High School District: Los Angeles Unified

Expenses, Fees & Taxes

  • Association Fee: 0

Agent info

  • Agent name: Mike Monteleone
  • Agent MLS: F210006290
  • Agent email: mike@rebrokerinc.com
  • Agent officephone: 818-917-1780
  • Agent direct phone: 818-917-1780

Miscellaneous

  • List Office Name: Monteleone Real Estate,Inc
  • Listing Terms: Cash,Conventional
  • Common Interest: None
  • Community Features: Valley
  • Attribution Contact: 818-917-1789

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Jesse Dougherty
(310) 995-4475

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