
Tarzana, California 91356
This Substantial Tarzana Hills Residence is a Strong Value Opportunity, listed at $1,895,000—positioned well below the $2,002,988 Fair Market Value by 5%. This valuation gap provides $107,988 in Instant Equity. While maintaining a Condition Rating of 4, the 3,260 sq ft interior offers a versatile layout with a main-level bedroom and soaring ceilings. The expansive 17,500 sq ft lot features a pool, spa, and valley views, offering significant upside through cosmetic modernization. This property is ideal for Owner-Occupants seeking a prestigious Braemar address or Value-Add Buyers looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19970 Greenbriar Drive Subject | $1,895,000* List Price | 5 | 3 | 3,260 | $614 | - |
A 19695 Valdez Drive Sold | $2,050,000 | 5 | 3 | 3,214 | $638 | 0.8 mi |
B 4440 Ellenita Sold | $1,675,000 | 3 | 3 | 2,516 | $666 | 0.7 mi |
C 4035 Ellenita Sold | $1,445,000 | 4 | 3 | 2,538 | $569 | 0.4 mi |
D 4420 Conchita Way Sold | $1,920,000 | 4 | 3 | 2,574 | $746 | 0.8 mi |
E 3951 Vanalden Sold | $2,350,000 | 4 | 4 | 3,698 | $635 | 0.6 mi |
F 4100 Tarrybrae Terrace Sold | $1,800,000 | 4 | 3 | 2,463 | $731 | 0.4 mi |
G 4219 Tarzana Estates Drive Active | $2,399,000 List Price | 4 | 4 | 3,618 | $663 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is meticulously maintained and move-in ready with updated wood-look flooring. However, it retains many original architectural features, dated light fixtures, and a style that reflects its age. Per the criteria, it is functional but shows signs of being outdated, requiring cosmetic modernization in the kitchen and bathrooms to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17514, living area = 3260.
The property features a substantial 17,500 sq ft lot equipped with a pool, spa, multiple terraces, and a large grassy area, providing a premier private retreat for outdoor entertaining.
The 3,260 sq ft floor plan includes a desirable main-level bedroom and bath for guests or an office, complemented by a dramatic entry with soaring ceilings and a three-car garage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3260, other record living area = 3217. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1975 and marketed as a 'customize to your vision' opportunity, the interior likely requires significant capital investment to update finishes to contemporary luxury standards.
Despite the desirable location, several of the assigned public schools in the immediate area carry average to lower ratings, which may be a concern for families prioritizing top-tier education.
Located on a serene street in the desirable Braemar area of Tarzana Hills on 17,500 sq ft lot, this 5-bedroom, 3-bathroom residence offers 3,260 sq ft of well-designed living space that has been lovingly and meticulously maintained over the years. A dramatic entry with soaring ceilings introduces the home, leading into expansive living areas designed for both entertaining and everyday living. The main level flows effortlessly from the living and dining areas into a spacious family room with a wet bar, and opening to the backyard for seamless indoor-outdoor living. The kitchen and breakfast area are ideally positioned with direct access to a terrace, perfect for al fresco dining. Additional features of the main-level are a bedroom and bath providing flexibility for guests, office, or extended living, and a direct access 3 car garage. Upstairs, you'll find four additional bedrooms including a generously sized primary suite with a walk-in closet, en-suite bath and beautiful views. The backyard is a standout feature, offering a true private retreat with a pool and spa, multiple terraces, and a large grassy area, all surrounded by mature landscaping and views, ideal for entertaining, relaxing, and enjoying the best of Southern California living. Situated near top-rated schools and scenic hiking trails, this location offers both tranquility and convenience. This is a rare opportunity to own a substantial property in a prime Tarzana neighborhood, ideal to enjoy as-is or customize to your vision.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-5 • 3.1 mi
Grades K-5 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 63% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,260 | 2,945 | 63% |
| Lot Size | 17,514 | 17,233 | 53% |
| Price | $1.90M | $1.84M | 55% |
| Price per sq ft | $581 | $661 | 26% |
| Built year | 1975 | 1965 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 170 | 1% |
Apr 15, 2026
$1,895,000
Initial Listing