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$1,750,000
38 Days On Site

4874 Palo Drive
Tarzana, CA 91356

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,200
SqFt
$795
/SqFt
1942
Built
County:
Los Angeles
Listed by Mike Monteleone of Monteleone Real Estate,Inc mike@rebrokerinc.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
4874 Palo Drive4874 Palo Drive4874 Palo Drive4874 Palo Drive
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Monthly Payment (Est.)

$7,984
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$1,750,000
Days On Site 
38 Days
Bedrooms 
4
Inside Area (SqFt) 
2,200 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.6911 Acres
Year Built 
1942
MLS® Number 
SR26061353
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.6911
Disclosures 
AccessoryDwellingUnitCovenantsRestrictionsDisclosureDeathOnProperty3YrsEasements
Foundation 
Raised
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AsphaltDirect AccessDrivewayGarageRV Access/Parking
Parking Spaces 
2
Property Condition 
Fixer
Property Sub Type 
Single Family Residence
Sewer 
Unknown
Style 
Colonial
Utilities 
Electricity ConnectedNatural Gas AvailableWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas CooktopGas OvenRefrigerator
Basement 
Unfinished
Cooling 
Wall/Window Unit(s)
Fireplace 
Yes
Fireplace Features 
Living RoomMaster Bedroom
Flooring 
BambooWood
Interior 
Ceiling Fan(s)
Laundry Features 
Washer HookupGas Dryer Hookup
Window Features 
Bay Window(s)
Bathroom 
Bedroom 
Bonus Room 
EntryFoyer 
GuestQuarters 
Kitchen 
Living Room 
WineCellar 
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Exterior Features
Construction Details 
FramePlasterStucco
Fencing 
Chain LinkWood
Lot Features 
Irregular LotSecluded
Other Structures 
Guest House
Patio And Porch 
Covered
Pool Features 
PrivateGuniteIn Ground
Private Pool 
Yes
Road Frontage 
City Street
Roof 
Composition
View 
Mountain(s)NeighborhoodPoolTrees/Woods
Waterview 
Mountain(s)NeighborhoodPoolTrees/Woods
Windows/Doors 
Bay Window(s)
Community Features
Building Access 
front door
Financing Terms Available 
CashConventional
MLS Area 
TAR - Tarzana
Roads 
Paved
School District 
Los Angeles Unified
Schools
School District
Los Angeles Unified
Elementary School
Wilbur
Middle School
Unknown
High School
Taft


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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