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$ 1,750,000
Est. payment /mo
Active
4874 Palo Tarzana, CA 91356
0.69 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26062276
Lot Size 0.691 Acres
Property Sub-Type Lots/Land
Property 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 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
Location
State CA
County Los Angeles
Direction South of Ventura. Take Vanalden to Olivos, West on Olivos & left on Palo Dr
Interior
Fireplace No
Exterior
Utilities Available Cable TV, Electric, Natural Gas, Telephone
View Y/N No
Others
Senior Community No
Tax ID 2175007010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Mike Monteleone, DRE#00404713 Monteleone Real Estate,Inc
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