$1.75M
4874 Palo Drive, TARZANA, CA 91356
Single Family Residence
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!
Property Details
Bedrooms
4
Bathrooms
3
Living Area
2,200 sqft
Lot Size
30,104 sqft
Year Built
1942
Garage
2 car
Stories
2
Pool
Yes
View
Yes
Price History
Listed
Apr 12, 2026
$1.75M
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
Sol y Luna
19601 Ventura Boulevard, Tarzana
Lady C’s - formerly CiCi’s Cafe
18912 Ventura Boulevard, Tarzana
Corbin Bowl
19616 Ventura Boulevard, Tarzana
In-N-Out Burger
19920 Ventura Boulevard, Woodland Hills
Hummus Bar & Grill
18743 Ventura Boulevard, Tarzana
Kushiyu
18713-15 Ventura Boulevard, Tarzana
Subway
5579 Reseda Boulevard, Tarzana
Safir Mediterranean
19940 Ventura Boulevard, Woodland Hills
8 places within 3 km · Google Places
Listed by Mike Monteleone — Monteleone Real Estate,Inc (MLS# F210006290)
MLS# SR26061353
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 4/22/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District — DRE# 02356332
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Estimated Monthly Payment
$10,784.54
per month
Loan Amount
$1,400,000
Down Payment
$350,000
Total Interest
$1,868,934
Total Cost
$3,882,434
Rose District
Real Estate Team
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$1.75M
4874 Palo Drive, TARZANA, CA 91356