5 months on rocket

Sale Pending

4969 Palo Dr, Tarzana, CA, 91356

$2,295,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
3,236 SqFt
$709/SqFt
House
Schools Nearby

Location

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4969 Palo Dr, Los Angeles$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Attached GarageYes
Year Built1961
HeatingCentral
CoolingCentral Air, Dual
FireplaceDining Room
MLS #23335471
Lot Size0.47 Acres
StatusSale Pending
(Pending)

About 4969 Palo Dr

NEW PRICE for this exquisite property with 4-bedroom, 3-bathroom traditional residence nestled in the prestigious Palo Estate section of Tarzana, perfectly positioned south of the boulevard on a quiet spacious lot surrounded by lush trees. This meticulously designed two-story home is a true gem that will captivate even the most discerning clients. Upon arrival, you'll be greeted by an enchanting gated entrance that leads up a private drive, unveiling a hidden sanctuary that is sure to steal your heart. As you step inside, you'll discover an array of remarkable features that make this home a standout in the Tarzana real estate landscape. The heart of this home is a chef's dream kitchen, where culinary aspirations meet their match. It's an organized space where gourmet creations come to life, complete with state of the art sub-zero refrigeration, Viking range, spacious island, large pantry and ample storage. Complete with a game room and bonus room downstairs is a cozy den that centers around a dramatic 500-bottle climate-controlled glass-enclosed wine cellar plus wet bar. With dual HVAC systems, you'll always enjoy the perfect temperature, whether it's a hot summer day or a chilly winter evening. This thoughtful addition ensures your comfort year-round. The primary suite is private and offers a custom walk-in closet for your wardrobe and a balcony to step out onto with a tree lined view creating a relaxing and private space. The primary bathroom is a retreat in itself, featuring a generous jacuzzi spa tub and a separate shower. The three secondary bedrooms upstairs are equally light-filled and spacious, boasting ample closet space to cater to your storage needs. Whether you're accommodating a growing family or welcoming guests, these bedrooms are inviting spaces for all. One of the most enchanting aspects of this property is the outdoor haven it offers. Step outside to find a beautiful pool, perfect for leisurely dips and poolside relaxation. But the true highlight is the enormous flat grass area that invites endless possibilities for outdoor activities and gatherings with family and friends. Whether you envision a playground, a garden, or a lively social space, this vast expanse of green is your canvas. In addition to the main living spaces, this property also offers a converted attached garage that serves as an ideal home office. The office offers the flexibility to focus and excel in your professional life without leaving the comforts of home. For added convenience, there's a separate laundry room with ample storage that ensures your household chores are managed efficiently. For your electric car charging efficiency, there is a 220-volt line in the driveway. This residence offers a rare opportunity to live in a secluded oasis within the heart of Tarzana. Don't miss your chance to make this stunning property your new home. Contact us today to arrange a viewing and experience the allure of 4969 Palo Drive for yourself.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 2
  • Living Area: 3,236 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 462-5799
  • Listing Agent: Cynthia Lazar Grossman

Interior Features

Interior Information:

  • Appliances: Disposal
  • Flooring Type: Carpet, Wood
  • Fireplace: Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Dual

School Info

Assigned Schools Information:

  • William Howard Taft Charter High School, Public Charter Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Gaspar De Portola Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Wilbur Charter For Enriched Academics, Public Charter Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: South of Wells

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $709/SqFt

Tax Information:

  • Annual Amount: $9,171
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

4969 Palo Dr vs Los Angeles

150 DAYS ON ROCKET

+116 Days

$2,295,000

+$1.3M More

$709/SqFt

+$81 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $81/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23335471

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 462-5799
  • Listing Agent: Cynthia Lazar Grossman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 22, 2017Home Sold
$1,525,000
Aug 30, 2005Home Sold
$1,250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,171$745,462
2020$8,900$737,819
2019$8,828$723,353
2018$13,825$709,171
2017$13,825$1,130,000

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1795033
8
/10
  • Wilbur Charter For Enriched Academics

  • 5213 Crebs Ave

  • 0.73 miles

  • Public Charter Grades KG-5

school-card-donut-1795034
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 5.42 miles

  • Public Magnet Grades 1-5

school-card-donut-1795035
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 13.15 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-1795036
7
/10
  • Gaspar De Portola Middle School

  • 18720 Linnet St

  • 0.95 miles

  • Public Magnet Grades 6-8

school-card-donut-1795037
4
/10
  • Studio

  • 2211 W Avenue 30

  • 18.69 miles

  • Public District Grades 6-8

High School

school-card-donut-1795038
7
/10
  • William Howard Taft Charter High School

  • 5461 Winnetka Ave

  • 1.09 miles

  • Public Charter Grades 9-12

school-card-donut-1795039
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.78 miles

  • Public Magnet Grades 9-12

school-card-donut-1795040
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 21.45 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $158,281. The most common annual income of people living in Los Angeles, CA is $200k+. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4969 Palo Dr

What is the listing price of this property?

The listing price of 4969 Palo Dr property is $2,295,000.

What type of property is this?

The property 4969 Palo Dr is a house located in Tarzana, California, 91356.

Is this property for sale now?

Sale Pending: 4969 Palo Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 4969 Palo Dr are:
Wilbur Charter For Enriched Academics: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Gaspar De Portola Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
William Howard Taft Charter High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,171 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 22, 2017 for $1,525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4969 Palo Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4969 Palo Dr is 3,236 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4969 Palo Dr is 1961.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles913564969 Palo Dr

This home is located at 4969 Palo Dr in Tarzana, CA and zip code 91356 in the Tarzana neighborhood. This 3,236 square foot home, which was built in 1961, sits on a 0.47 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 29, 2023 and is currently priced at $2,295,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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