4874 Palo Drive, Tarzana, CA 91356
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!
Bedrooms
4
Bathrooms
3
Square Feet
2,200
Lot Size
30,104 sqft
Year Built
1942
Property Type
Single Family Residence
Days on Market
16
HOA Fee
N/A
Garage Total
2
MLS #
SR26061353
Interior Features
Ceiling Fans, All Bedrooms Up, Wine Cellar
Flooring
Bamboo, Wood
Fireplace
Guest Accommodations, Living Room, Primary Bedroom
Appliances
Gas Cooktop, Gas Oven, Refrigerator
Laundry
Washer Hookup, Gas Dryer Hookup
Main Level Bathrooms
1
Cooling
Wall Window Units
Total Parking Spaces
2
Garage Spaces
2
Parking Features
Asphalt, Driveway Down Slope From Street, Direct Access, Door Single, Driveway, Garage, Rv Access Parking
Patio & Porch
Covered
Fencing
Chain Link, Fair Condition, Wood
Construction
Frame, Plaster, Stucco
Foundation
Raised
Roof
Composition
Lot Features
Irregular Lot, Secluded
Pool Features
Gunite, In Ground, Private
Sewer
Unknown
Water Source
Public
Valley
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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