Back 4986 Palo Drive
Off Market

4986 Palo Drive

Los Angeles CA 91356

5
3
2342 sq. ft.
19377 sq. ft.
Single-Family
Last sold for $1,628,000
Debra ValentineDebra Valentine, last sold this property on 09 June 2021 after 33 days on market.

Overview

First time on market for this beautiful Single Story Ranch-style Home South of the Blvd. Located in the much desired Tarzana foothills this classic mid-century modern home has everything you've been looking for. As featured in a 1963 Sunset Magazine, this home has a large flat yard with deck to take in the mountain views, privacy, fabulous pool, patios and plenty of room spread out and enjoy the privacy. Original wood floors throughout. Family room just off the entrance has a doorway to the kitchen. Living room with grand fireplace and floor to ceiling windows that welcome in the view of the sparkling pool just outside. Dining Room shares the living room space - in one direction you can pass through to the kitchen, from the other you have etched glass doors that lead to a true California living space complete with a bar, a view of the backyard and plenty of space for you to put a big comfy couch or perhaps a table and chairs... so many possibilities. At the backside of the dining room is the 5th bedroom with en suite bath, views of the backyard and private entrance, currently serving as the homes library, office. This space would make the perfect live and or learn from home space or perhaps guest suite or live-in nanny. Kitchen has a view of the beautiful front yard and direct access to the 2 car attached garage. The remaining 4 bedrooms are on the other side of the house. Main bedroom has a slider to the backyard and a view of the pool. Per Seller, pool has been re-plastered with Italian glass and has newer filter and pool motor, copper re-pipe, newer hot water heater. Aviary with birds will be staying with the property (birds are optional). Home has solar panels that are not connected. Such a fabulous opportunity to create your very own Shangri-La. Cared for and loved by the same family since it was built. So many possibilities!

Features

5 bedrooms
3 bathrooms
2342 sq. ft. floor area
19377 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 4986 Palo Drive is $2.08m.

Median value
$2.08m
Estimated value range
$1.15m - $7.95m
Median days on market
35
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4986 Palo Drive

2021
Sold
$1,628,000
09 Jun 2021 by Debra Valentine, of Rodeo Realty

Happy sellers in Los Angeles

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 5 bedroom single-family properties in Los Angeles

In the last 12 months, 31 five-bedroom single-family properties similar to 4986 Palo Drive, have been sold.

This represents a 28% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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