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4874 Palo Drive

Tarzana, CA 91356
  • $1,575,000
  • STATUS: Active Under Contract
  • ON SITE: 98 Days
  • ID#: SR26062276
Under Contract
UPDATED: 64 min ago
$1,575,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Mike Monteleone of Monteleone Real Estate,Inc (818-917-1780)


Description

BACK ON THE MARKET! Presenting a rare and exceptional Opportunity for Developers, Contractors or End-Users. Offered for the first time in decades, this unique property was originally a 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 neighborhoods 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 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 including 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 and is currently occupied by a family member. The main home is approx. 1,652 sf and Guest Unit is approx. 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-20T17:35:41.307. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/175104028
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4874 Palo Drive Tarzana, CA 91356

  • Price: $1,575,000
  • Status: Active Under Contract
  • On Site: 98 Days
  • Updated: 64 min ago
  • ID#: SR26062276
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
TAR - Tarzana
County:
Los Angeles
Area:
TAR - Tarzana
Property Description
BACK ON THE MARKET! Presenting a rare and exceptional Opportunity for Developers, Contractors or End-Users. Offered for the first time in decades, this unique property was originally a 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 neighborhoods 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 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 including 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 and is currently occupied by a family member. The main home is approx. 1,652 sf and Guest Unit is approx. 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!
Exterior Features

Fencing Average ConditionChain LinkWood Lot Features AgriculturalBack YardSloped DownFront YardGardenGentle SlopingIrregular LotLawnSecludedTreesValue In LandYard Road Frontage Type City Street Road Surface Type Paved Sign On Property YN Yes View HillsMountain(s)Pool View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Valley Current Financing Other Disclosures Accessory Dwelling UnitCovenants/Restrictions DisclosureDeath On Property < 3 yrsEasement(s)Seller Disclosure Electric Standard Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalTrust Conveyance New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Public Zoning LARA



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-20T17:35:41.307. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_423966359-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_423966359-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_423966359-2.jpg
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Mike Monteleone of Monteleone Real Estate,Inc (818-917-1780)