Date
Details
Price
Change
Source
4/12/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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 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!
Full Property Details
Full Property Details for 4874 Palo Dr
General
- Price: $1,750,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SR26061353
- Updated: Today (4/12/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Formal Entry, Bonus Room, Guest/Maid's Quarters, All Bedrooms Up, Kitchen, Living Room, Wine Cellar
- Interior Features: Copper Plumbing (Partial), Ceiling Fan(s)
- Fireplace: Yes
- Fireplace(s): Guesthouse, Primary Bedroom, Living Room
- Appliances: Gas Cooktop, Refrigerator, Gas Oven
- Flooring: Bamboo, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool: Yes
- Pool Description: In-Ground, Private, Gunite
Exterior
- Deck/Patio: Covered
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Driveway Down Slope From Street, Garage (Direct Access), Garage (Single Door), RV Access/Parking, Asphalt, Driveway
Location
- County: Los Angeles
- Driving Directions: South of Ventura Blvd and West of Vanalden
School Information
- School District: Los Angeles Unified
- Elementary School: WILBUR
- High School: TAFT
Community
- Community Features: Valley
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Single Family Residence
- Construction: Plaster, Frame, Stucco
- Foundation: Raised
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Bay Window(s)
- Entry Location: front door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,200
- Sq. Ft. Source: Other
- Year Built: 1942
- Year Built Source: Assessor
- Property Condition: Fixer
Additional Structures
- Other Structures: Guesthouse, Guest House Detached
Lot Features
- Property View: Mountain(s), Trees/Woods, Neighborhood, Pool
- Lot Size (Acres): 0.6911
- Lot Size (Sq. Ft.): 30,104
- Lot Size Source: Assessor
- Lot Dimensions: 30.094
- Lot Description: Irregular Lot, Lot 20000-39999 Sqft, Secluded
- Fencing (Description): Chain Link, Wood, Fair Condition
Financial Considerations
- Price Per Sq. Ft.: $795.45
Disclosures and Reports
- Special Conditions: Trust
Listed by Monteleone Real Estate,Inc, Mike Monteleone
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 4874 Palo Dr —
Mike Monteleone
Monteleone Real Estate,Inc
818-917-1789
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 4874 Palo Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wilbur Charter For Enriched Academics 5213 Crebs Ave., Los Angeles, CA 91356 | K-5 | 0.8 mi |
Gaspar De Portola Middle School 18720 Linnet St., Los Angeles, CA 91356 | 6-8 | 1 mi |
Taft Charter High 5461 Winnetka Ave., Los Angeles, CA 91364 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4874 Palo Dr
Tax History
Tax History for 4874 Palo Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,397
7%
$167,387
4%
2023
$2,248
3%
$160,888
2%
2022
$2,172
2%
$157,735
2%
2021
$2,138
-1%
$154,644
1%
2020
$2,152
4%
$153,059
2%
2019
$2,079
3%
$150,059
2%
2018
$2,022
2%
$147,118
2%
2017
$1,980
4%
$144,234
2%
2016
$1,905
1%
$141,407
2%
2015
$1,880
-1%
$139,284
2%
2014
$1,905
—
$136,556
—
2013
$1,905
—
$135,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4874 Palo Dr
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4874 Palo Drive, Tarzana, CA 91356 (MLS# SR26061353) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4874 Palo Drive is currently listed for $1,750,000 and was received on April 12, 2026. Want to learn more about 4874 Palo Drive? Do you have questions about finding other Single Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.