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4959 Brewster Drive, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 6 bath

4959 Brewster Drive, Tarzana, California 91356 home-pic-0
ACTIVE$2,398,000
4959 Brewster Drive, Tarzana, California 91356
5Beds
6Baths
4,233Sqft
21,392Lot

Price Vs. Estimate

The estimated value ($2,027,463.455) is $370,536.545 (15%) lower than the list price ($2,398,000). This property may be overpriced.

Key pros and cons

Top 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 = 21392, living area = 4233.
Top Cons:
Requires Significant Updates: Built in 1956 and described as 'ready for the next owner to reimagine and personalize,' indicating substantial renovation and modernization may be required.

Compared to the nearby listings

Price:$2.40M vs avg $1.85M (+$548,000)76%
Size:4,233 sqft vs avg 3,000 sqft80%
Price/sqft:$567 vs avg $65329%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this property's interior, particularly the kitchen, is significantly outdated. The kitchen features dated light-colored cabinets, speckled granite countertops, older stainless steel appliances (Viking double oven appears to be 15-20+ years old), and a large, dated fluorescent light panel with a ceiling fan. The flooring throughout the main living areas and kitchen is an older style tile. While the property is described as having 'solid fundamentals' and being 'well-loved,' the listing explicitly states it 'requires significant updates' and needs to be 'reimagined and personalized.' This indicates a need for substantial rehabilitation and modernization, aligning with the 'poor' condition criteria, especially considering the age of the property and the visible condition of key areas like the kitchen.
Year Built
1956
Close
-
List price
$2.4M
Original List price
$2.67M
Price/Sqft
$567
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24078
Home ConditionPoor
Features
Pool
Spa
Patio
View-

About this home

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.

Nearby schools

3/10
Tarzana Elementary School
Public,•K-5•1.0mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.5mi
6/10
Newcastle Elementary School
Public,•K-5•2.3mi
8/10
Lanai Road Elementary School
Public,•K-5•3.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.5mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•3.1mi
3/10
William Mulholland Middle School
Public,•6-8•3.2mi
4/10
Reseda Senior High School
Public,•9-12•2.2mi
Condition Rating
Poor
Built in 1956, this property's interior, particularly the kitchen, is significantly outdated. The kitchen features dated light-colored cabinets, speckled granite countertops, older stainless steel appliances (Viking double oven appears to be 15-20+ years old), and a large, dated fluorescent light panel with a ceiling fan. The flooring throughout the main living areas and kitchen is an older style tile. While the property is described as having 'solid fundamentals' and being 'well-loved,' the listing explicitly states it 'requires significant updates' and needs to be 'reimagined and personalized.' This indicates a need for substantial rehabilitation and modernization, aligning with the 'poor' condition criteria, especially considering the age of the property and the visible condition of key areas like the kitchen.
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 = 21392, living area = 4233.
Prime Location: Situated in prime Tarzana, south of Ventura Blvd, offering convenient access to top schools, shopping, dining, and recreation.
Expansive Flat Lot: An impressive 21,392 sq ft flat lot provides significant outdoor space for expansion, landscaping, and various recreational uses.
Spacious Interior: A substantial 4,233 sq ft single-story home with 5 bedrooms and 6 bathrooms, featuring generously sized living areas ideal for large gatherings.
Versatile Detached Structure: Includes a detached structure with great potential for use as a creative workspace, guest house, pool house, or rental unit.
Private Pool & Spa: The property features a private pool and spa, enhancing lifestyle and entertainment options for residents.

Cons

Requires Significant Updates: Built in 1956 and described as 'ready for the next owner to reimagine and personalize,' indicating substantial renovation and modernization may be required.
Multiple Price Reductions: The property has undergone two price reductions from its original listing, potentially suggesting it was initially overpriced or has faced market resistance.
Lack of Views: The property explicitly states 'View: None,' which may be a disadvantage for buyers seeking scenic vistas in a desirable area.

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