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Sold for $1,400,000
  • Listed by: Monteleone Real Estate,Inc • Mike Monteleone • Contact: 818-917-1789
    Bought with: Sohrab haroonian
    $1,400,000

    4874 Palo Dr Lot 19, Tarzana, CA 91356

    --beds
    --baths
    0.69Acres
    Unimproved Land
    Built in ----
    0.69 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

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    Not available

    Zestimate® history
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    What's special

    Surrounded by legacy homes
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Monteleone DRE #00404713 818-917-1789,

    Monteleone Real Estate,Inc,

    Michael Monteleone DRE #01230209,

    Monteleone Real Estate,Inc

    Bought with:

    Sohrab Haroonian, DRE #02074781

    Sohrab haroonian

    Source: CRMLS,MLS#: SR26062276MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Fencing: Average Condition,Chain Link,Wood
    • Has view: Yes
    • View description: Hills, Mountain(s), Pool
    Lot
    • Size: 0.69 Acres
    • Features: Agricultural, Back Yard, Sloped Down, Front Yard, Garden, Gentle Sloping, Irregular Lot, Lawn, Secluded, Trees, Value In Land, Yard
    Details
    • Parcel number: 2175007010
    • Zoning: LARA
    • Special conditions: Trust

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Valley
    Location
    • Region: Tarzana

    Financial & listing details

    • Date on market: 4/12/2026
    • Cumulative days on market: 113 days
    • Listing terms: Cash,Conventional,Trust Conveyance
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/14/2026Sold$1,400,000-11.1%
    Source: CRMLS #SR26062276 Report a problem
    8/6/2026Pending sale$1,575,000
    Source: CRMLS #SR26062276 Report a problem
    7/31/2026Listed for sale$1,575,000
    Source: CRMLS #SR26062276 Report a problem
    7/14/2026Contingent$1,575,000
    Source: CRMLS #SR26062276 Report a problem
    6/16/2026Price change$1,575,000-4.5%
    Source: CRMLS #SR26062276 Report a problem
    6/10/2026Listed for sale$1,650,000
    Source: CRMLS #SR26062276 Report a problem
    5/31/2026Contingent$1,650,000
    Source: CRMLS #SR26062276 Report a problem
    5/22/2026Price change$1,650,000-5.7%
    Source: CRMLS #SR26062276 Report a problem
    4/21/2026Listed for sale$1,750,000
    Source: CRMLS #SR26062276 Report a problem
    4/16/2026Contingent$1,750,000
    Source: CRMLS #SR26062276 Report a problem
    4/12/2026Listed for sale$1,750,000
    Source: CRMLS #SR26062276 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Tarzana

    Nearby schools

    GreatSchools rating