4959 Brewster Drive, Los Angeles, California 91356, Los Angeles, 91356 - 5 bed, 6 bath
Loading property details...
Los Angeles, California 91356
This Spacious Tarzana Estate is a Strong Value Opportunity, listed at $2,098,000—positioned well below the $2,293,928 Fair Market Value by 8%. This valuation gap provides $195,928 in Instant Equity. While maintaining a Well-Maintained Condition Rating, the 1956-built home offers significant upside through cosmetic updates. The expansive 21,392 sq ft flat lot features a pool, spa, and a detached music studio with high ADU potential. Located South of Ventura Blvd, this is an ideal acquisition for Owner-Occupants seeking a long-term sanctuary or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4959 Brewster Drive Subject | $2,098,000* List Price | 5 | 6 | 4,233 | $542 | - |
A 4240 Reyes Drive Sold | $2,400,000 | 4 | 5 | 3,834 | $626 | 0.8 mi |
B 4847 Brewster Drive Sold | $1,675,000 | 5 | 5 | 3,634 | $461 | 0.2 mi |
C 5150 Donna Avenue Pending | $1,999,000 List Price | 5 | 4 | 4,029 | $496 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1956-built home is exceptionally well-maintained but remains largely in a dated condition. While the property is clean and livable, the kitchen and bathrooms feature older cabinetry, tile countertops, and fixtures from previous decades. The presence of carpeted living areas, older wood paneling, and aged appliances confirms that while the home has been 'cherished' and cared for, it has not undergone a full modern renovation in over 20 years, making it a prime candidate for cosmetic and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21392, living area = 4233.
The property sits on a rare 21,392 sq ft flat lot, providing an exceptional canvas for expansion, landscaping, or large-scale outdoor entertaining in a prime neighborhood.
A detached music studio offers significant value-add potential, easily adaptable into a high-end ADU, guest house, or creative office space to generate rental income or additional utility.
Having been held by the same family for over 25 years, the home likely requires a substantial capital investment for modernizing finishes and systems to meet current luxury standards.
The immediate assigned public schools, such as Tarzana Elementary and Reseda Senior High, carry lower ratings which may be a concern for education-focused buyers.
This cherished family home in prime Tarzana is located south of Ventura Blvd offering room to grow, remodel, and make your own. Set on an impressive 21,392 sq ft flat lot, this 5-bedroom, 6-bathroom single-story home spans approximately 4,233 sq ft and has been cared for by the same family for over 25 years. The open, flowing layout provides flexibility for everyday living, entertaining, and future redesign. Generously sized living areas are ideal for hosting large gatherings while a cozy Music & Movie Family Room has served as a treasured gathering space for years adding to the home's unique charm and natural sense of comfort. A detached structure on the property, used for many years as a Music Studio, presents great potential--whether as a creative workspace, guest space, pool house, or rental. Outdoors, enjoy the pool & spa with plenty of space for future vision & expansion. This is a well-loved home with solid fundamentals, ready for the next owner to reimagine and personalize. Located near top schools, shopping, dining & recreation the home offers a rare blend of space, potential, and location.Property Website: 4959BrewsterDr.com
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 63% |
| Baths | 6.0 | 3.5 | 88% |
| Square foot | 4,233 | 2,945 | 76% |
| Lot Size | 21,392 | 17,233 | 79% |
| Price | $2.10M | $1.84M | 63% |
| Price per sq ft | $496 | $661 | 8% |
| Built year | 1956 | 1964 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 170 | 7% |
Mar 11, 2026
$2,098,000
Initial Listing