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4904 Matula Drive, Tarzana, California 91356, Tarzana, 91356 - 3 bed, 4 bath

4904 Matula Drive, Tarzana, California 91356 home-pic-0
ACTIVE$1,850,000
4904 Matula Drive, Tarzana, California 91356
3Beds
4Baths
2,762Sqft
17,507Lot
Year Built
1955
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
$670
HOA
-
Days on market
-
Sold On
-
MLS number
25517241
Home ConditionExcellent
Features
Good View: City Lights, Valley, Trees/Woods
Deck
Patio
ViewCity Lights,Valley,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.85M(50th), sqft - 2762(42th), beds - 3(26th), baths - 4(51th).

Welcome to this beautiful secluded and private gated residence, nestled in the trees above the street and at the end of the cul-de-sac. Up a gated driveway overlooking greenery there is plenty of space to park multiple cars. The house was recently updated and has a new roof as well as A/C among the many improvements. The first floor offers two spacious bedrooms with each having its own bathroom and plenty of storage space. The large open and bright kitchen offers Viking appliances, as well as custom painted high ceilings. There are multiple French doors for indoor outdoor entertaining. Upstairs offers a huge bedroom retreat with its own bathroom and an extra large balcony. Perfect house for nature lovers as it surrounded by lush greenery and birds chirping.

Nearby schools

3/10
Tarzana Elementary School
Public,•K-5•1.1mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.6mi
6/10
Newcastle Elementary School
Public,•K-5•2.4mi
8/10
Lanai Road Elementary School
Public,•K-5•3.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•3.2mi
3/10
William Mulholland Middle School
Public,•6-8•3.3mi
4/10
Reseda Senior High School
Public,•9-12•2.3mi
Condition Rating
Excellent
This property, built in 1955, has undergone significant and recent updates, including a new roof and A/C, indicating major system replacements. The kitchen features high-end Viking appliances, white cabinetry, and granite countertops, presenting a bright and functional space. While the granite and painted ceiling offer a more traditional aesthetic, the quality of the appliances and the overall 'recently updated' status, along with modern-looking wood-style flooring throughout, suggest a comprehensive renovation. The property appears to be in move-in ready condition with no deferred maintenance, aligning with the 'Excellent' criteria for an extensively renovated older home.
Pros & Cons

Pros

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 = 17507, living area = 2762.
Exceptional Privacy & Seclusion: The property is a secluded and private gated residence, nestled in the trees at the end of a cul-de-sac with a private driveway, offering a tranquil living environment.
Recent Major Renovations: The house has been recently updated, including a new roof and A/C, which are significant improvements that enhance comfort and reduce immediate maintenance concerns.
Gourmet Kitchen with High-End Appliances: The large, open, and bright kitchen features Viking appliances and custom painted high ceilings, appealing to those who value culinary spaces.
Seamless Indoor-Outdoor Living: Multiple French doors facilitate indoor-outdoor entertaining, complemented by an extra-large balcony from the upstairs retreat, ideal for enjoying the lush greenery.
Desirable Panoramic Views: The property boasts captivating City Lights, Valley, and Trees/Woods views, adding significant aesthetic and market value.

Cons

Significant Overpricing Relative to Market Value: The listing price of $1.85M is substantially higher than the estimated property value of $1.11M, indicating a potential valuation gap that may deter buyers.
Limited Bedroom Count for Square Footage: With 3 bedrooms for 2762 sqft, some prospective buyers, especially families, may find the bedroom count restrictive for the property's size and price point.
Unspecified Extent of Updates for Older Construction: While a new roof and A/C are mentioned, the 1955 build year suggests other core systems (e.g., plumbing, electrical beyond A/C, foundation) may not have been fully modernized, potentially leading to future costs or concerns.

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