4700 Dunas Lane, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 2 bath
4700 Dunas Lane
Tarzana, California 91356
Property Price
SUMMARY
Analysis of 4700 Dunas Lane, Tarzana, California 91356 reveals a property with a current list price of $1,575,000, which is 6% above the estimated $1,476,567 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4700 Dunas Lane Subject | $1,575,000* List Price | 3 | 2 | 2,034 | $726 | - |
A 4630 Dunas Lane Sold | $1,250,000 | 3 | 2 | 1,553 | $805 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1956, this property is explicitly marketed to 'builders and investors' for 'ground-up new construction' or a 'major remodel,' indicating that the existing structure holds minimal value. The kitchen features very dated wood cabinets, old tile flooring, and an outdated fluorescent light fixture, requiring a complete renovation. While the bathroom shower appears to have had a minor update with some tile and a glass enclosure, the overall style is still dated, and the toilet is old. The exterior shows significant wear, and the interior exhibits dated finishes, popcorn ceilings, and older light fixtures throughout, consistent with a property that has not undergone major renovations in many decades. The property's value is clearly based on its large lot and prime location, not the current dwelling.
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 = 17432, living area = 2034.
- Prime Location
Situated in the highly desirable hills of prime Tarzana, south of the boulevard on a quiet, upscale street, offering a prestigious address.
- Significant Development Potential
Boasts a massive 17,000+ sq ft lot, ideal for a luxury estate, guest house/ADU, and pool, catering to builders, investors, or end-users seeking to customize.
CONSRISKS & DEFICIENCIES
- Age and Condition of Existing Structure
Built in 1956, the property likely requires a major remodel or ground-up new construction, implying substantial additional investment beyond the purchase price.
- Significant Capital Investment Required
Positioned as a development opportunity, buyers should anticipate considerable capital outlay for construction, renovation, or customization to realize its full potential.
- Buyer Due Diligence Required
The listing explicitly states 'buyer to verify' for potential additions like ADUs or pools, indicating that the buyer will incur costs and effort for necessary permits and approvals.
About 4700 Dunas Lane
ATTENTION BUILDERS AND INVESTORS! – Prime Tarzana, South of the Blvd with Expansive Views! Located in the highly desirable hills of prime Tarzana, this rare offering presents an exceptional opportunity for investors, developers, or end-users looking to build or renovate in one of the most sought-after neighborhoods. Situated south of the boulevard on a quiet, upscale street, this property boasts a massive 17,000+ sq ft lot, offering ample space for a luxury estate, guest house/ADU, pool, and more. (buyer to verify.) Perched above the street, the lot enjoys beautiful hillside views, excellent privacy, and is surrounded by multi-million dollar custom homes making it a compelling option for those looking to capitalize on the area's high resale values. Whether you're envisioning a ground-up new construction, a major remodel, or simply holding for future appreciation, this property delivers the location, lot size, and potential to make your vision a reality. Close to top-rated schools, high-end shopping, dining, and easy freeway access, this is truly a rare development opportunity in a prestigious Tarzana enclave.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 17,432 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 • 1.7 mi
Vanalden Avenue Elementary School
Grades K-5 • 2.2 mi
Lanai Road Elementary School
Grades K-5 • 2.2 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 | 2.0 | 4.0 | 19% |
| Square foot | 2,034 | 2,844 | 23% |
| Lot Size | 17,432 | 17,150 | 52% |
| Price | $1.57M | $1.80M | 34% |
| Price per sq ft | $774 | $662 | 75% |
| Built year | 1956 | 1964 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 164 | 59% |
Pricing History
Listed for Sale
Sep 11, 2025
$1,575,000
Initial Listing