Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,575,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,200 Sq. Ft.
  • 2 Car Garage
See This Home
Save This Home
See This Home
Save This Home
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 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 for 4874 Palo Dr

General

  • Price: $1,575,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SR26061353
  • Updated: 6/16/2026
  • Days on Market: 93 days
  • Added to Site: 93 day(s) ago

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.: $715.91

Disclosures and Reports

  • Special Conditions: Trust

Listed by Monteleone Real Estate,Inc, Mike Monteleone

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 4874 Palo Dr —

  • Mike Monteleone

    Monteleone Real Estate,Inc

818-917-1789

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4874 Palo Dr

School District:Los Angeles Unified School District
NameGradesDistance
Wilbur Charter For Enriched Academics
5213 Crebs Ave., Los Angeles, CA 91356
K-50.8 mi
Gaspar De Portola Middle School
18720 Linnet St., Los Angeles, CA 91356
6-81 mi
Taft Charter High
5461 Winnetka Ave., Los Angeles, CA 91364
9-121.2 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$1,575,000
-4.55%
MLS
5/22/2026
Price Reduced
$1,650,000
-5.71%
MLS
4/12/2026
Listed
$1,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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
—
View All
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 for 4874 Palo Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Monteleone Real Estate,Inc, Mike Monteleone

Similar Properties near 4874 Palo Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6015 Topeka Dr, Tarzana, CA 91356 - Photo 1 Price Reduced
-$24,000 (-1.5%)
$1,575,000

6015 Topeka Dr  Tarzana, CA 91356

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,629
    Sq. Ft.
3159 Voltaire Dr, Topanga, CA 90290 - Photo 1 Price Reduced
-$25,000 (-1.56%)
$1,575,000

3159 Voltaire Dr  Topanga, CA 90290

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,156
    Sq. Ft.
7508 Claire Ave, Reseda, CA 91335 - Photo 1
$1,594,000

7508 Claire Ave  Reseda, CA 91335

  • Single Family
  • Active
  • 4
    Beds
  • 3
    Total Baths
  • 2,200
    Sq. Ft.
4848 Alatar Dr, Woodland Hills, CA 91364 - Photo 1
$1,550,000

4848 Alatar Dr  Woodland Hills, CA 91364

  • Single Family
  • Active
  • 4
    Beds
  • 3
    Total Baths
  • 2,595
    Sq. Ft.

Just Listed near 4874 Palo Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5919 Encino Ave, Encino, CA 91316 - Photo 1 Just Listed
$1,649,000

5919 Encino Ave  Encino, CA 91316

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,250
    Sq. Ft.
16130 Otsego St, Encino, CA 91436 - Photo 1 Just Listed
$3,050,000
Open House

16130 Otsego St  Encino, CA 91436

  • Single Family
  • Active
  • Updated 11 hours ago
  • 4
    Beds
  • 5
    Total Baths
  • 3,201
    Sq. Ft.
17337 Tiara St, Encino, CA 91316 - Photo 1 Just Listed
$2,099,000

17337 Tiara St  Encino, CA 91316

  • Single Family
  • Active
  • Updated 11 hours ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,577
    Sq. Ft.
5333 Zelzah Ave, Encino, CA 91316 - Photo 1 Just Listed
$760,000

5333 Zelzah Ave  #203  Encino, CA 91316

  • Condo
  • Active
  • Updated 10 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 2,109
    Sq. Ft.

Price Reduced near 4874 Palo Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5310 Zelzah Unit 114, Encino, CA 91316 - Photo 1 Price Reduced
-$5,000 (-0.84%)
$590,000

5310 Zelzah Unit 114  Encino, CA 91316

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,586
    Sq. Ft.
15938 Valley Vista Blvd, Encino, CA 91436 - Photo 1 Price Reduced
-$125,000 (-3.33%)
$3,625,000

15938 Valley Vista Blvd  Encino, CA 91436

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 5
    Total Baths
  • 4,179
    Sq. Ft.
4536 Collett Ave, Encino, CA 91436 - Photo 1 Price Reduced
-$75,000 (-4.11%)
$1,750,000
Open House

4536 Collett Ave  Encino, CA 91436

  • Single Family
  • Active
  • Updated 23 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,401
    Sq. Ft.
5403 Newcastle Ave, Encino, CA 91316 - Photo 1 Price Reduced
-$20,000 (-5.42%)
$349,000

5403 Newcastle Ave  #12  Encino, CA 91316

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 905
    Sq. Ft.

Recent Sales near 4874 Palo Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4745 Caritina Dr, Tarzana, CA 91356 - Photo 1 Sold
$1,709,500

4745 Caritina Dr  Tarzana, CA 91356

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,702
    Sq. Ft.
19631 Rosita St, Tarzana, CA 91356 - Photo 1 Sold
$1,650,000

19631 Rosita St  Tarzana, CA 91356

  • Single Family
  • Closed
  • 3
    Beds
  • 4
    Total Baths
  • 2,600
    Sq. Ft.
5071 Shirley Ave, Tarzana, CA 91356 - Photo 1 Sold
$1,650,000

5071 Shirley Ave  Tarzana, CA 91356

  • Single Family
  • Closed
  • Updated 6 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,184
    Sq. Ft.
4835 Corbin Ave, Tarzana, CA 91356 - Photo 1 Sold
$1,700,000

4835 Corbin Ave  Tarzana, CA 91356

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 3,078
    Sq. Ft.

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 $1,575,000 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 Tarzana? You can browse all Tarzana real estate or contact a Coldwell Banker agent to request more information.

Tour this property