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4035 Ellenita Avenue, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 3 bath

4035 Ellenita Avenue, Tarzana, California 91356 home-pic-0
ACTIVE$1,575,000
4035 Ellenita Avenue, Tarzana, California 91356
4Beds
3Baths
2,538Sqft
15,797Lot
Year Built
1970
Close
-
List price
$1.57M
Original List price
$1.6M
Price/Sqft
$621
HOA
-
Days on market
-
Sold On
-
MLS number
GD25131937
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.57M(31th), sqft - 2538(33th), beds - 4(50th), baths - 3(50th).

Single Family Home Located South Of The Blvd * 4 Bedrooms / 3 Bathrooms * 2,538sqft * 15,682sqft Lot * 1970 Built * Bright * Open Floor Plan * Formal Living Room With High Ceilings * Family Room With A Fireplace * Formal Dining Room * Large Kitchen With A Breakfast Bar & An Area For A Nook * Sperate Laundry Room * Large Master Suite With A Walk-In Closet * Hardwood & Laminate Floors Throughout * Central A/C & Heat * Covered Patio * Large Yard * 2 Car Attached Garage *** Home Is Also RTI Ready To Build A 3,007sqft Home With A 400sqft Garage, 300sqft Patio & A 20 X 30 In Ground Pool Featuring 3 Bedrooms / 3.5 Bathrooms & A Bonus Room/Theater

Nearby schools

3/10
Tarzana Elementary School
Public,•K-5•2.3mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.8mi
6/10
Newcastle Elementary School
Public,•K-5•3.7mi
8/10
Lanai Road Elementary School
Public,•K-5•3.9mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.0mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•4.5mi
3/10
William Mulholland Middle School
Public,•6-8•4.7mi
4/10
Reseda Senior High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
08/03/25
$1,575,000
06/16/25
$1,599,000
Condition Rating
Fair
Built in 1970, this home is well-maintained with updated hardwood and laminate flooring, fresh paint, and central A/C and heat. However, the kitchen is significantly outdated with tile countertops, older cabinet styles, and dated lighting, indicating it has not undergone a recent extensive renovation. While functional and livable, it requires minor updates, particularly in the kitchen and likely bathrooms, to meet modern aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Significant Development Potential: The property is RTI (Ready To Issue) ready to build a new 3,007 sqft home with a 400 sqft garage, 300 sqft patio, and a 20x30 in-ground pool, offering substantial value-add and customization opportunities for a buyer.
Prime Location: Located 'South Of The Blvd' in Tarzana, this is a highly desirable and prestigious area known for its larger lots and excellent community amenities.
Generous Lot Size: The expansive 15,682 sqft (approx. 0.36 acre) lot provides ample space for outdoor living, privacy, and supports the significant development potential.
Functional Current Home: The existing 2,538 sqft home offers a comfortable 4 bedrooms and 3 bathrooms, featuring an open floor plan, high ceilings, central A/C & Heat, and a covered patio, making it move-in ready while future plans are considered.
Desirable Interior Features: The home includes attractive features such as a formal living room with high ceilings, a family room with a fireplace, a large kitchen with a breakfast bar, a separate laundry room, and a large master suite with a walk-in closet.

Cons

Original Build Year: Built in 1970, the property is over 50 years old, which may imply that some systems, finishes, or components could be original or dated, potentially requiring updates or maintenance in the near future.
Lack of View: The property description explicitly states 'view:None'. In a desirable area like Tarzana, properties with city or canyon views often command a premium, making the absence of a significant view a comparative disadvantage.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $1.599M to $1.575M, which could suggest that the initial pricing was aggressive or that the market is requiring adjustments, potentially signaling a need for further negotiation.

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