New

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$1,750,000

For Sale

4 days ago

4874 Palo Dr, Tarzana, CA

House

MLS® SR26061353

4 Bed

3 Bath

2200 sqft

2 Parking

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2200 sqft

Garage Yes

Taxes

Days Active 3

Lot Size

Approx. Age 1942

Avg. Price Per Sqft $795

MLS® Number SR26061353

Property Address: 4874 Palo Dr, Tarzana, CA, 91356-4406

Average square foot calculated using Size range provided by listing agent.

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!

MLS® NumberSR26061353

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1942

BasementUnfinished

DrivewayAsphalt, Driveway Down Slope From Street, Direct Access, Door Single, Driveway, Garage, Rv Access Parking

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 12, 2026List Date

$1,750,000List Price

Home Appraisal

This property is estimated to sell between: $1,750,000 and $1,925,000.

Similar properties in this area sold on average for: $1,866,070

Expected to sell in 66 days. Similar properties sold in 69 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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