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Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 1,575,000

Est. payment | -/mo

4 Beds

3 Baths

2,200 SqFt

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$ 1,575,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

2,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $715

MLS Listing ID SR26061353

Bedrooms 4

Full Baths 3

Construction Status Fixer

HOA Y/N No

Year Built 1942

Lot Size 0.691 Acres

Lot Dimensions Assessor

Property Sub-Type Single Family Residence

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 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!

Location

State CA

County Los Angeles

Area Tar - Tarzana

Rooms

Other Rooms Guest House Detached, Guest House

Basement Unfinished

Interior

Interior Features Ceiling Fan(s), All Bedrooms Up, Wine Cellar

Cooling Wall/Window Unit(s)

Flooring Bamboo, Wood

Fireplaces Type Guest Accommodations, Living Room, Primary Bedroom

Fireplace Yes

Appliance Gas Cooktop, Gas Oven, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Asphalt, Driveway Down Slope From Street, Direct Access, Door-Single, Driveway, Garage, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link, Fair Condition, Wood

Pool Gunite, In Ground, Private

Community Features Valley

Utilities Available Electricity Connected, Natural Gas Available, Water Connected

View Y/N Yes

View Mountain(s), Neighborhood, Pool, Trees/Woods

Roof Type Composition

Porch Covered

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description Irregular Lot, Secluded

Dwelling Type House

Story 2

Entry Level Two

Foundation Raised

Sewer Unknown

Water Public

Architectural Style Colonial

Level or Stories Two

Additional Building Guest House Detached, Guest House

New Construction No

Construction Status Fixer

Schools

Elementary Schools Wilbur

High Schools Taft

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2175007010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

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Listed by Mike Monteleone Monteleone Real Estate,Inc 818-917-1789, DRE #00404713

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California 92592, USA

4874 Palo DR Tarzana, CA 91356