4440 Ellenita, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 3 bath

4440 Ellenita, Tarzana, California 91356 home-pic-0

4440 Ellenita

Tarzana, California 91356

ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,516Sq Ft
17,720Lot Size

Property Price

LIST PRICE$1,749,999
EST. MARKET VALUE
$1,787,424

SUMMARY

Analysis of 4440 Ellenita, Tarzana, California 91356 reveals a Fairly Priced Property with a current list price of $1,749,999  aligned with the estimated $1,787,424 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tarzana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,787,424
Based on Realkey algorithm analyzing recent comparable sales in Tarzana.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4440 Ellenita
Subject
$1,749,999*
List Price
332,516$710-
A
4035 Ellenita
Sold
$1,445,000432,538$5690.5 mi
B
4747 Ellenita
Sold
$1,875,000432,844$6590.4 mi
C
19639 Weeburn
Sold
$1,826,000432,538$7190.4 mi
D
19695 Valdez Drive
Sold
$2,050,000533,214$6380.1 mi
E
4126 Ellenita Avenue
Sold
$1,505,000432,538$5930.5 mi
F
4420 Conchita Way
Pending
$1,995,000
List Price
432,574$7750.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is a well-maintained 1968 original that shows significant signs of aging in its interior styling. While the home features desirable architectural elements like soaring ceilings and large windows, the kitchen and bathrooms appear dated with older cabinetry and fixtures. The listing's description as a 'canvas for personalization' and a 'builder opportunity' confirms that while the home is functional, it has not undergone major renovations in several decades and requires modernization to meet current luxury standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17720, living area = 2516.

  • Expansive Flat Lot

    The property sits on nearly 18,000 square feet of rare, flat, and usable land south of Ventura Boulevard, offering significant space for outdoor recreation or large-scale expansion.

  • Panoramic Views

    Boasting unobstructed, dual-sided views of the canyon and city lights, the property provides a high-end visual experience that is highly coveted in the Tarzana hills.

CONSRISKS & DEFICIENCIES

  • Dated Construction

    Built in 1968, the home likely requires substantial modernization or a complete renovation to align with the luxury standards of the surrounding neighborhood.

  • Public School Ratings

    The assigned local public elementary schools have lower performance ratings, which may be a concern for families not planning to utilize the area's private education options.

About 4440 Ellenita

Nestled in prime Tarzana south of Ventura Boulevard, this exceptional property presents a rare opportunity for homeowners and builders alike. Sprawling across nearly 18,000 square feet of flat, usable land, the lot offers unobstructed panoramic views stretching as far as the eye can see from both sides of the home. The residence features soaring ceilings, an abundance of natural light, and generous living spaces. It includes a formal living room, a cozy den, three well-appointed bedrooms, and three bathrooms—making it an ideal family home or a canvas for personalization and expansion. The backyard is anchored by a pool and spa, surrounded by lush, meadow-like green lawns and a shuffleboard court. Perfectly positioned with easy access to the San Fernando Valley’s premier private schools and prestigious country clubs, this home delivers both convenience and luxury in one of Tarzana’s most desirable neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1968
Lot Size
17,720 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Tarzana Unified Schools

Tarzana Elementary School

Grades K-5 • 2.0 mi

3/10

Vanalden Avenue Elementary School

Grades K-5 • 2.4 mi

3/10

Newcastle Elementary School

Grades K-5 • 3.4 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
26%
Baths3.04.0
48%
Square foot2,5162,844
34%
Lot Size17,72017,150
52%
Price$1.75M$1.80M
48%
Price per sq ft$696$662
56%
Built year19681964
62%
HOA$0$0
50%
Days on market25162
1%

Pricing History

Listed for Sale

Feb 9, 2026

$1,749,999

Initial Listing

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