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

4440 Ellenita
Tarzana, California 91356
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4440 Ellenita Subject | $1,749,999* List Price | 3 | 3 | 2,516 | $710 | - |
A 4035 Ellenita Sold | $1,445,000 | 4 | 3 | 2,538 | $569 | 0.5 mi |
B 4747 Ellenita Sold | $1,875,000 | 4 | 3 | 2,844 | $659 | 0.4 mi |
C 19639 Weeburn Sold | $1,826,000 | 4 | 3 | 2,538 | $719 | 0.4 mi |
D 19695 Valdez Drive Sold | $2,050,000 | 5 | 3 | 3,214 | $638 | 0.1 mi |
E 4126 Ellenita Avenue Sold | $1,505,000 | 4 | 3 | 2,538 | $593 | 0.5 mi |
F 4420 Conchita Way Pending | $1,995,000 List Price | 4 | 3 | 2,574 | $775 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Vanalden Avenue Elementary School
Grades K-5 • 2.4 mi
Newcastle Elementary School
Grades K-5 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 3.0 | 4.0 | 48% |
| Square foot | 2,516 | 2,844 | 34% |
| Lot Size | 17,720 | 17,150 | 52% |
| Price | $1.75M | $1.80M | 48% |
| Price per sq ft | $696 | $662 | 56% |
| Built year | 1968 | 1964 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 162 | 1% |
Pricing History
Listed for Sale
Feb 9, 2026
$1,749,999
Initial Listing































